SANDBERG RICHARD A 4
4 · Precipio, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Precipio (PRPO) Director Richard A. Sandberg Sells Shares
What Happened
Richard A. Sandberg, a director of Precipio, Inc. (PRPO), sold a total of 3,134 shares in open‑market transactions on May 19–20, 2026 for aggregate proceeds of about $77,784. The filing lists three dispositions: 600 shares at $24.42 ($14,652), 500 shares at $25.00 ($12,500), and 2,034 shares at $24.89 ($50,632). These were sales (S) — which are often routine dispositions rather than a signal of company outlook.
Key Details
- Transaction dates: May 19, 2026 (600 sh); May 20, 2026 (500 sh and 2,034 sh).
- Reported prices and proceeds: 600 @ $24.42 = $14,652; 500 @ $25.00 = $12,500; 2,034 @ $24.89 = $50,632. Total ≈ $77,784.
- Shares owned after transaction: Not specified in the excerpt of the filing.
- Footnotes of note:
- Some reported prices are weighted averages covering multiple trades (ranges provided in footnotes).
- Part of the shares were sold by Wythburn Associates, Ltd., an entity 94% owned jointly by the reporting person and spouse; Sandberg disclaims beneficial ownership except for his pecuniary interest.
- Filing timeliness: Report filed on May 21, 2026 covering transactions on May 19–20; no late‑filing flag is indicated in the provided excerpt.
Context
These were straight open‑market sales (code S), not option exercises or awards. Footnotes indicate the reported per‑share prices are weighted averages because the shares were sold in multiple trades across price ranges; the filing offers to provide a breakdown by price on request. Sales by closely held entities (like Wythburn Associates) can reflect personal or portfolio decisions rather than management views on the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-19$24.42/sh−600$14,652→ 4,400 total(indirect: By Spouse) - Sale
Common Stock
[F2]2026-05-20$25.00/sh−500$12,500→ 3,900 total(indirect: By Spouse) - Sale
Common Stock
[F3]2026-05-20$24.89/sh−2,034$50,632→ 8,142 total
- 25,000(indirect: By IRA)
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.5048, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]Shares disposed in open market transactions by Wythburn Associates, Ltd, which is 94% owned jointly by the reporting person and their spouse. The reporting person disclaims beneficial ownership of the securities except to the extent of their pecuniary interest therein.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.6001 to $25.26, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range.