An Insider at Proteon is Exercising Options

Today it was reported that an Insider at Proteon (PRTOResearch Report), Timothy Haines, exercised options to buy 126,645 PRTO shares at $0.99 a share, for a total transaction value of $125.4K.

Following this transaction Timothy Haines’ holding in the company was increased by 6.28% to a total of $645.5K. This is Haines’ first transaction since reporting a Buy transaction on SIEN back in May 2018

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Currently, Proteon has an average volume of 760.65K. The company has a one-year high of $3.94 and a one-year low of $0.22.

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Proteon Therapeutics, Inc. engages in the research and development of biopharmaceutical products. It produces and commercializes vonapanitase for the treatment of renal and vascular disease. The company was founded by F. Nicholas Franano and William P. Whitaker in 2001 and is headquartered in Waltham, MA.