Palatin Tech +8.8% as CEO, COO/CFO disclose share purchases
Nov. 19, 2018 5:45 PM ET|About: Palatin Technologies, Inc (PTN)|By: Jason Aycock, SA News Editor
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.