Monitor for upcoming catalysts such as clinical trial updates or financing announcements that may have prompted insider buying. Given the micro-cap nature and low liquidity, position sizing should be cautious. Consider following the insider signal with a stop-loss below recent support.
Price Chart
Executive Summary
Four C-suite insiders at Processa Pharmaceuticals (PCSA) collectively purchased $19K worth of shares on May 15, 2026, at $2.97 per share. This cluster buying represents 0.24% of the $8M market cap and is a modest but notable bullish signal given the CFO and other top executives are investing personal capital.
Key Financial Metrics
Key Facts
- CFO Russell Skibsted, President of R&D David Young, CAO Wendy Guy, and Chief Business Strategy Officer Patrick Lin all bought shares on May 15, 2026.
- Total insider purchases amount to approximately $19,000, or 0.24% of market cap.
- All transactions were open-market buys at $2.97 per share.
- No insider sales were reported in the cluster period.
Financial Impact
Approximately $19,000 in insider purchases, representing 0.24% of the $8M market cap.
Risk Factors
- Micro-cap stock with low liquidity and high volatility.
- Insider cluster buys, while positive, do not guarantee short-term price appreciation.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PCSA-1779228307272 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | EFFECT | $1.81 | awaiting T+5 | — | $1.79 (+0.83%) |
Oct 22, 2026 4d ago | DEF 14A | $1.81 | awaiting T+5 | — | $1.79 (−0.83%) |
Oct 9, 2026 17d ago | S-3 | $1.90 $1.73 | ▲ +8.95% | ▲ +7.45% | $1.79 (+5.53%) |
Jul 29, 2026 12w ago | 8-K | $2.03 $2.19 | ▲ +7.88% | ▲ +2.35% | $1.79 (−11.58%) |
Jul 1, 2026 16w ago | Insider Cluster | $2.16 $2.16 | · 0.00% | ▼ −1.37% | $1.79 (−16.90%) |
Jun 16, 2026 18w ago | Insider Cluster | $2.15 $1.93 | ▼ −10.23% | ▼ −9.19% | $1.79 (−16.51%) |
Jun 16, 2026 18w ago | Insider Cluster | $2.15 $1.93 | ▼ −10.23% | ▼ −9.19% | $1.79 (−16.51%) |
Jun 1, 2026 21w ago | Insider Cluster | $2.92 $2.04 | ▼ −30.31% | ▼ −27.34% | $1.79 (−38.53%) |
May 19, 2026 22w ago | Insider Cluster | $2.61 $2.64 | ▲ +1.15% | ▼ −0.65% | $1.79 (−31.23%) |
May 19, 2026 22w ago | Insider Cluster | $2.61 $2.64 | ▲ +1.15% | ▼ −0.65% | $1.79 (−31.23%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers