Form 4: Precipio Inc. Director Trades Common Stock
Insider Transaction Report
Richard A. Sandberg, a Director at Precipio, Inc., reported transactions involving the sale of common stock on May 19th and May 20th, 2026.
Summary
- Richard A. Sandberg, a Director of Precipio, Inc. (PRPO), has filed a Form 4 detailing transactions of the company's common stock.
- On May 19, 2026, Sandberg sold 600 shares of common stock at a weighted average price of $24.4206, resulting in 4,400 shares beneficially owned indirectly through Wythburn Associates, Ltd.
- On May 20, 2026, Sandberg sold an additional 500 shares at a weighted average price of $25, reducing the indirect beneficial ownership through Wythburn Associates, Ltd. to 3,900 shares.
- Also on May 20, 2026, Sandberg sold 2,034 shares directly at a weighted average price of $24.8928, leaving him with 8,142 shares directly owned.
- Furthermore, 25,000 shares are held in a Roth IRA for the benefit of Richard A Sandberg.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the director's sale of stock, although the sales are within normal reporting parameters and do not indicate a significant divestment.
Negatives
- Director Richard A. Sandberg has sold a total of 3,134 shares of Precipio, Inc. common stock across multiple transactions between May 19th and May 20th, 2026.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While sales by directors can sometimes signal a lack of confidence, they can also be for personal financial planning. The context of the sale, such as the price range and total shares sold relative to holdings, is crucial for interpretation.
Related Party Transactions
- Wythburn Associates, Ltd, which is 94% owned jointly by the reporting person and their spouse, was involved in stock disposal transactions.
Stakeholder Impact
- Shareholders may interpret the director's stock sales as a potential signal, though the reasons for such sales can vary and may not reflect company performance.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Earliest transaction date reported and date of initial stock sale. |
| 05/20/2026 | Date of additional stock sales. |
| 05/21/2026 | Signature date of the filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Precipio Inc., PRPO, Common Stock, Stock Sale, Director Transactions, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.