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 10 filings in this group are Form 4s for PTC Therapeutics, 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 10 insider filings shown, the breakdown is 10 open-market sale. 10 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-10-16
PTCT insider SCHMERTZLER MICHAEL (Director) sold 2,500 shares (~$149.0K)
SCHMERTZLER MICHAEL, listed as Director at PTC THERAPEUTICS, INC., reported an open-market sale of 2,500 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,118 |
$59.52 |
$126.1K |
S |
Open-market sale
|
382 |
$60.14 |
$23.0K |
Filing: Form 4 (Insider Transaction)
Insider: SCHMERTZLER MICHAEL (Director)
Shares: 2,500
Est. Value: $149.0K
Form 4
Open-market sale
Insider Selling
2026-10-13
PTCT insider Boulding Mark Elliott (EXEC. VP AND CLO) sold 192 shares (~$12.3K)
Boulding Mark Elliott, listed as EXEC. VP AND CLO at PTC THERAPEUTICS, INC., reported an open-market sale of 192 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
192 |
$39.42 |
$7.6K |
S |
Open-market sale
|
192 |
$64.26 |
$12.3K |
M |
Option exercise
derivative · Stock Option (Right to Buy)
|
192 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Boulding Mark Elliott (EXEC. VP AND CLO)
Shares: 192
Est. Value: $12.3K
Form 4
Open-market sale
Insider Selling
2026-10-09
PTCT insider SCHMERTZLER MICHAEL (Director) sold 2,500 shares (~$158.5K)
SCHMERTZLER MICHAEL, listed as Director at PTC THERAPEUTICS, INC., reported an open-market sale of 2,500 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,447 |
$63.38 |
$155.1K |
S |
Open-market sale
|
53 |
$63.95 |
$3.4K |
Filing: Form 4 (Insider Transaction)
Insider: SCHMERTZLER MICHAEL (Director)
Shares: 2,500
Est. Value: $158.5K
Form 4
Open-market sale
Insider Selling
2026-10-07
PTCT insider Boulding Mark Elliott (EXEC. VP AND CLO) sold 2,073 shares (~$132.8K)
Boulding Mark Elliott, listed as EXEC. VP AND CLO at PTC THERAPEUTICS, INC., reported an open-market sale of 2,073 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
1,638 |
$39.42 |
$64.6K |
S |
Open-market sale
|
1,638 |
$64.03 |
$104.9K |
M |
Option exercise
|
435 |
$39.42 |
$17.1K |
S |
Open-market sale
|
435 |
$64.16 |
$27.9K |
M |
Option exercise
derivative · Stock Option (Right to Buy)
|
1,638 |
— |
— |
M |
Option exercise
derivative · Stock Option (Right to Buy)
|
435 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Boulding Mark Elliott (EXEC. VP AND CLO)
Shares: 2,073
Est. Value: $132.8K
Form 4
Open-market sale
Insider Selling
2026-10-02
PTCT insider STEELE GLENN JR MD PHD (Director) sold 12,000 shares (~$781.9K)
STEELE GLENN JR MD PHD, listed as Director at PTC THERAPEUTICS, INC., reported an open-market sale of 12,000 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,000 |
$11.23 |
$134.8K |
S |
Open-market sale
|
12,000 |
$65.16 |
$781.9K |
M |
Option exercise
derivative · Stock Option (Right to Buy)
|
12,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: STEELE GLENN JR MD PHD (Director)
Shares: 12,000
Est. Value: $781.9K
Form 4
Open-market sale
Insider Selling
2026-09-18
PTCT insider SCHMERTZLER MICHAEL (Director) sold 20,000 shares (~$1.35M)
SCHMERTZLER MICHAEL, listed as Director at PTC THERAPEUTICS, INC., reported an open-market sale of 20,000 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,994 |
$66.58 |
$199.3K |
S |
Open-market sale
|
7,006 |
$67.35 |
$471.9K |
S |
Open-market sale
|
9,624 |
$67.83 |
$652.8K |
S |
Open-market sale
|
376 |
$68.45 |
$25.7K |
Filing: Form 4 (Insider Transaction)
Insider: SCHMERTZLER MICHAEL (Director)
Shares: 20,000
Est. Value: $1.35M
Form 4
Open-market sale
Insider Selling
2026-09-11
PTCT insider SCHMERTZLER MICHAEL (Director) sold 20,000 shares (~$1.35M)
SCHMERTZLER MICHAEL, listed as Director at PTC THERAPEUTICS, INC., reported an open-market sale of 20,000 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
9,428 |
$67.79 |
$639.1K |
S |
Open-market sale
|
572 |
$68.67 |
$39.3K |
S |
Open-market sale
|
10,000 |
$67.34 |
$673.4K |
Filing: Form 4 (Insider Transaction)
Insider: SCHMERTZLER MICHAEL (Director)
Shares: 20,000
Est. Value: $1.35M
Form 4
Open-market sale
Insider Selling
2026-08-28
PTCT insider SCHMERTZLER MICHAEL (Director) sold 25,000 shares (~$1.81M)
SCHMERTZLER MICHAEL, listed as Director at PTC THERAPEUTICS, INC., reported an open-market sale of 25,000 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
6,874 |
$72.74 |
$500.0K |
S |
Open-market sale
|
5,626 |
$73.18 |
$411.7K |
S |
Open-market sale
|
11,890 |
$71.55 |
$850.7K |
S |
Open-market sale
|
610 |
$72.22 |
$44.1K |
Filing: Form 4 (Insider Transaction)
Insider: SCHMERTZLER MICHAEL (Director)
Shares: 25,000
Est. Value: $1.81M
Form 4
Open-market sale
Insider Selling
2026-08-21
PTCT insider SCHMERTZLER MICHAEL (Director) sold 25,000 shares (~$1.81M)
SCHMERTZLER MICHAEL, listed as Director at PTC THERAPEUTICS, INC., reported an open-market sale of 25,000 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
5,335 |
$72.86 |
$388.7K |
S |
Open-market sale
|
7,165 |
$73.67 |
$527.8K |
S |
Open-market sale
|
9,419 |
$70.78 |
$666.7K |
S |
Open-market sale
|
2,390 |
$71.88 |
$171.8K |
S |
Open-market sale
|
691 |
$72.92 |
$50.4K |
Filing: Form 4 (Insider Transaction)
Insider: SCHMERTZLER MICHAEL (Director)
Shares: 25,000
Est. Value: $1.81M
Form 4
Open-market sale
Insider Selling
2026-08-19
PTCT insider Boulding Mark Elliott (EXEC. VP AND CLO) sold 2,813 shares (~$204.1K)
Boulding Mark Elliott, listed as EXEC. VP AND CLO at PTC THERAPEUTICS, INC., reported an open-market sale of 2,813 PTCT shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
2,813 |
$25.69 |
$72.3K |
S |
Open-market sale
|
1,844 |
$72.39 |
$133.5K |
S |
Open-market sale
|
969 |
$72.90 |
$70.6K |
M |
Option exercise
derivative · Stock Option (Right to Buy)
|
2,813 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Boulding Mark Elliott (EXEC. VP AND CLO)
Shares: 2,813
Est. Value: $204.1K