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sellWeak cluster of 210b5-1 plan

Michael Schmertzler sold $1.3M of PTCT

director at PTC THERAPEUTICS, INC.. 20,000 shares at an average of $67.49, traded Sep 16, 2026, filed Sep 18, 2026.

Warning score
28
Value
$1.3M
20,000 shares
Holdings after
1,296,594
-2% from before
From 52-week low
+17%
low $57.84, close $67.59
From 52-week high
-25%
high $89.55, as of Sep 16, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $1.3M at market
    +25
  • Share of holdings sold
    Sold 1.5% of holdings
    0
  • Cluster
    2 insiders selling within 14 days
    +8
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

PTCTOct 9, 2026 · close 64.70
Since filing Sep 18, 2026: -1.0%SPY +2.2% · excess -3.2%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001288952-26-000012, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 16, 2026SOpen-market sale
Common Stockindirect: See footnote10b5-1
-2,994$66.58$199k1,313,60024 d ago
Sep 16, 2026SOpen-market sale
Common Stockindirect: See footnote10b5-1
-7,006$67.35$472k1,306,59424 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: See footnote10b5-1
-9,624$67.83$653k1,296,97024 d ago
Sep 17, 2026SOpen-market sale
Common Stockindirect: See footnote10b5-1
-376$68.45$26k1,296,59424 d ago

Related signals

Other insiders at PTC THERAPEUTICS, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
21Weak
PTCTsell 310b5-1
PTC THERAPEUTICS, INC.
Michael Schmertzler
director
$158k
2,500 shares
-0%
6Weak
PTCTsell 310b5-1
PTC THERAPEUTICS, INC.
Mark Elliott Boulding
EXEC. VP AND CLO
$133k
2,073 shares
-2%
27Weak
PTCTsell 310b5-1
PTC THERAPEUTICS, INC.
Glenn Steele Jr Md Phd
director
$782k
12,000 shares
-35%
20Weak
PTCTsell10b5-1
PTC THERAPEUTICS, INC.
Michael Schmertzler
director
$1.4M
20,000 shares
-1%
15Weak
PTCTsell10b5-1
PTC THERAPEUTICS, INC.
Mark Elliott Boulding
EXEC. VP AND CLO
$2.9M
47,249 shares
-39%
0Weak
PTCTsell10b5-1
PTC THERAPEUTICS, INC.
Mark Elliott Boulding
EXEC. VP AND CLO
$137k
2,813 shares
-3%
12Weak
PTCTsell10b5-1
PTC THERAPEUTICS, INC.
Pierre Gravier
CHIEF FINANCIAL OFFICER
$124k
2,516 shares
-3%
0Weak
PTCTsell10b5-1
PTC THERAPEUTICS, INC.
Mark Elliott Boulding
EXEC. VP AND CLO
$130k
2,812 shares
-3%
16Weak
PTCTsell10b5-1
PTC THERAPEUTICS, INC.
Matthew B. Klein
CHIEF EXECUTIVE OFFICER
$137k
2,804 shares
-1%
1Weak
PTCTsell10b5-1
PTC THERAPEUTICS, INC.
Lee Scott Golden
EVP & CHIEF MEDICAL OFFICER
$42k
897 shares
-1%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Michael Schmertzler sold $1.3M of PTCT | InsiderTell