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Palatin Tech +8.8% as CEO, COO/CFO disclose share purchases

Published 11/19/2018, 05:45 PM
© Reuters.  Palatin Tech +8.8% as CEO, COO/CFO disclose share purchases
  • Palatin Technologies (NYSEMKT:PTN) is up 8.8% postmarket after two C-suite leaders disclosed stock purchases from this week.
  • In a Form 4 filing, the company notes CEO Carl Spana purchased 20,000 shares on Friday at an average price of $0.7883. The move leaves him with beneficial ownership of 4,348,102 shares.
  • CFO/COO Stephen Wills also acquired 20,000 shares on Friday, a separate filing notes. He's left with 3,918,239 shares after that purchase.
  • Shares had fallen 11.8% during the regular session today.
  • Now read: Kaya Holdings on go to develop cannabis production site in Oregon; shares up 5%


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