Parikh Asit 4

What Happened

• Asit Parikh, a director of Phathom Pharmaceuticals, reported a gift transfer on May 22, 2026 involving 28,000 shares. The Form 4 shows both a disposition and an acquisition of 28,000 shares at $0.00, reflecting a transfer for no consideration. The reported transaction value is $0.

Key Details

• Transaction date: 2026-05-22
• Transaction type/code: Gift (G) — shown as both Disposed and Acquired 28,000 shares @ $0.00
• Report filed: 2026-05-27 (filed within the SEC Form 4 deadline given the holiday-adjusted business days)
• Shares owned after transaction: Not specified in the provided filing data
• Footnote: The filing states the shares were transferred for no consideration to a trust for the benefit of the reporting person’s spouse, for which the reporting person serves as trustee.

Context

• This was a gift transfer, which is a non-market transaction and does not necessarily indicate the insider’s view of the company’s prospects. The dual entries (disposed and acquired at $0) reflect the mechanics of moving shares into a spouse-benefit trust with the reporting person acting as trustee.