Summary by Futu AI
On January 1, 2024, James H. Stanker, the Chief Financial Officer of Processa Pharmaceuticals, Inc. (PCSA), completed a stock transaction involving the company's common stock. Stanker acquired 1,675 shares through the exercise or conversion of derivative securities. On the same day, he disposed of 518 shares at a price of $2.79 per share, which was part of a transaction to cover exercise prices or tax liabilities. Following these transactions, Stanker's direct holdings in Processa Pharmaceuticals amounted to 6,120 shares. The total market value of the disposed shares was calculated at $1,445.22.