Palisade Bio (PALI) CEO Finley Gifts 88,400 Shares

What Happened

• Finley John David, who is listed as CEO, CFO and a director of Palisade Bio (PALI), reported a gift transaction on 2026-08-19. The Form 4 shows a transfer of 88,400 shares reported as a gift (code G) with $0.00 per-share value — one entry as a disposition and a matching entry as an acquisition (both 88,400 shares at $0.00). The Form 4 was filed on 2026-08-21.
• This is not a market sale or purchase; the shares were moved into FCW Investments, LLC, an entity for which Finley is the managing member and over which he has sole investment and voting power (see footnote F1). Because he controls the receiving entity, beneficial ownership is likely unchanged by this transfer.

Key Details

• Transaction date: 2026-08-19 (reported on Form 4 filed 2026-08-21).
• Action: Gift (code G); 88,400 shares disposed and 88,400 shares acquired; price reported $0.00; total reported value $0.
• Recipient: FCW Investments, LLC (footnote F1 — Finley is managing member with sole investment and voting power).
• Shares owned after transaction: not specified in the excerpt provided; internal transfer suggests beneficial ownership effectively unchanged.
• Timeliness: Filed within standard Form 4 timeframe (filed 2 days after transaction), not indicated as late.

Context

• Gifts and internal transfers to entities controlled by the insider do not necessarily signal a change in the insider’s view of the company’s prospects; they can reflect estate planning or consolidation of holdings. This transaction differs from an open-market sale (which reduces holdings) or a purchase (which may be interpreted as a bullish signal).