Michael Derby, Executive Chairman, 10% Owner at PaxMedica, Inc. (PXMD), sold 28,962 shares at $1.72 ($47K) on 2023-03-06, disclosed to the SEC on 2023-03-07.
Scheduled sale ($47k) 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 | $1.72 | 13,828 | $24K | 50.3% |
| 2 | $1.55 | 15,134 | $23K | 49.7% |
| Total | $1.63 avg | 28,962 | $47K | 100% |
| Filing → |
| PXMD | SELL | 2023-08-30 | $7K | — | Filing → |
| PXMD | SELL | 2023-03-09 | $3K | — | Filing → |
| PXMD | SELL | 2023-03-03 | $56K | — | Filing → |