CFO Ali Asif sold 24.8K PTGX shares at $104.24 for $2.6M, reducing stake 29.0%; stock now -5.1% from 52-week high.
Ali Asif, Chief Financial Officer, executed a substantial sale of 24,765 shares (reducing his holding from 85,518 to 60,753 shares, a -29.0% reduction) at $104.24 on 2026-03-26 for a total value of $2,581,503.60. The current price of $98.97 is now -5.1% from the 52-week high of $104.31, and the stock is within 5% of where the CFO sold it. Looking at his same-ticker history at PTGX, his prior 90-day measurable outcome (sell on 2025-03-12) showed a -4.0% 90-day return—a pattern consistent with selling before declines. His cross-ticker track record shows a 100.00% well-timed rate on prior sells with an average 90-day return of -9.2%, indicating a consistent pattern of exiting before downturns across all holdings. Against a backdrop of severe fundamentals (annual revenue growth of -89.4%, latest-quarter revenue of $4.7M, net income of $-39.3M), the CFO's sale of nearly 30% of his stake warrants close monitoring of future quarterly results and operational developments.