Williams Donald Allen 4

What Happened
Donald Allen, a director of Palisade Bio (PALI), made an open-market purchase of 5,000 shares on 2026-01-16 at $1.67 per share, for a total of $8,356. This was a purchase (Form 4 code P), which investors often view as a more informative signal than routine insider sales.

Key Details

• Transaction date: 2026-01-16
• Price: $1.67 per share; Shares purchased: 5,000; Total value: $8,356
• Transaction type: Open-market purchase (Code P)
• Form 4 filing date: 2026-01-21 — filed within the standard two business-day window (timely)
• Shares owned after the transaction: Not specified in the provided filing excerpt
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other special footnotes were reported in the provided excerpt

Context

• Insider purchases can indicate confidence but are not proof of future stock performance.
• The purchase size is modest (~$8.4k), so while it shows insider buying, it’s relatively small compared with larger insider or institutional transactions.