A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 8 filings in this group are Form 4s for Processa Pharmaceuticals, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 8 insider filings shown, the breakdown is 7 compensation award and 1 option exercise. None of the classified filings involved a discretionary open-market trade, so this period says nothing about what insiders think of the price.
Form 4
Option exercise
Tax / Compensation Filing
2026-08-11
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
Ng George K (Director, Chief Executive Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,600 |
— |
— |
M |
Option exercise
derivative · Restricted Stock
|
1,600 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Ng George K (Director, Chief Executive Officer)
Shares: 1,600
Form 4
Compensation award
Tax / Compensation Filing
2026-07-30
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
GUJRATHI SHEILA (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Series A Preferred Stock
|
70,811 |
— |
— |
A |
Compensation award
derivative · Series A Preferred Stock
|
12,311 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: GUJRATHI SHEILA (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-07-28
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
Yorke Justin W (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
33,500 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Yorke Justin W (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-07-28
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
SKIBSTED RUSSELL (Chief Financial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
11,883 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SKIBSTED RUSSELL (Chief Financial Officer)
Form 4
Compensation award
Tax / Compensation Filing
2026-07-28
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
Pannu Geraldine (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
33,500 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Pannu Geraldine (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-07-28
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
Ng George K (Director, Chief Executive Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
9,384 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Ng George K (Director, Chief Executive Officer)
Form 4
Compensation award
Tax / Compensation Filing
2026-07-28
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
Neal James R (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
62,221 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Neal James R (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-07-28
PCSA insider Form 4 filed for equity award, exercise, or tax withholding
Lin Patrick (Chief Business - Strategy Off) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Restricted Stock Units
|
8,450 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Lin Patrick (Chief Business - Strategy Off)