Michael Derby, Executive Chairman, 10% Owner at PaxMedica, Inc. (PXMD), sold 29,465 shares at $1.94 ($56K) on 2023-03-02, disclosed to the SEC on 2023-03-03.
Scheduled sale ($56k) by Executive Chairman, 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.94 | 10,497 | $20K | 36.1% |
| 2 | $1.90 | 18,968 | $36K | 63.9% |
| Total | $1.91 avg | 29,465 | $56K | 100% |
| Filing → |
| PXMD | SELL | 2023-08-30 | $7K | — | Filing → |
| PXMD | SELL | 2023-03-09 | $3K | — | Filing → |
| PXMD | SELL | 2023-03-07 | $47K | — | Filing → |