PHAT · Insider Trading

Phathom Pharmaceuticals, Inc. Common Stock

Every open-market purchase and sale reported by PHAT officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
5
code P
Sales
4
code S
Reporting Insiders
14
current holders
PHAT — Recent Form 4 Transactions (latest 2026-10-08)
FiledInsiderRole TypeSharesValue
2026-10-08 Sanjeev Narula Chief Financial & Bus. Officer F −13,485 −$91.43K
2026-09-08 Robert Charles Breedlove Principal Accounting Officer F −460 −$4.16K
2026-07-16 Robert Charles Breedlove Principal Accounting Officer F −1,555 −$17.16K
2026-05-27 Asit Parikh Director G — —
2026-05-21 Michael F Cola Director A +24,122 —
2026-05-21 Frank Karbe Director A +24,122 —
2026-05-21 Mark Stenhouse Director A +24,122 —
2026-05-21 Theodore R Schroeder Director A +24,122 —
2026-05-21 James N Topper Director A +24,122 —
2026-05-21 Asit Parikh Director MIXED +41,622 +$86.62K
2026-05-21 Heidi Fields Director A +24,122 —
2026-03-11 Asit Parikh Director G — —
2026-03-03 Robert Charles Breedlove Principal Accounting Officer MIXED +14,412 −$17.31K
2026-02-12 Steven L Basta President and CEO MIXED +6,085 −$80.47K
2026-02-12 Anne Marie Cook Chief Legal Off. & Corp. Sec. MIXED +1,926 −$19.68K
2026-01-27 Asit Parikh Director G — —
2026-01-23 Robert Charles Breedlove Principal Accounting Officer F −776 −$10.56K
2026-01-15 Asit Parikh Director M +8,750 +$90.12K
2026-01-02 Sanjeev Narula Chief Financial & Bus. Officer A +82,715 —
2026-01-02 Steven L Basta President and CEO A +251,034 —
2026-01-02 Anne Marie Cook Chief Legal Off. & Corp. Sec. A +75,345 —
2025-12-23 Asit Parikh Director M +8,750 +$90.12K
2025-12-19 Anne Marie Cook Chief Legal Off. & Corp. Sec. MIXED +9,667 −$118.32K
2025-12-19 Steven L Basta President and CEO MIXED +30,536 −$483.87K
2025-12-19 Robert Charles Breedlove Principal Accounting Officer F −230 −$3.74K
2025-12-02 Steven L Basta President and CEO MIXED +41,625 −$755.62K
2025-11-05 Robert Charles Breedlove Principal Accounting Officer Sell −524 −$7.08K
2025-10-08 Sanjeev Narula Chief Financial & Bus. Officer A +144,000 —
2025-10-07 Sanjeev Narula Chief Financial & Bus. Officer A +200,000 deriv. —
2025-09-26 Steven L Basta President and CEO MIXED +41,625 −$564.05K
2025-09-09 Robert Charles Breedlove Principal Accounting Officer Sell −461 −$5.57K
2025-07-18 Robert Charles Breedlove Principal Accounting Officer Sell −1,692 −$14.15K
2025-06-24 Anne Marie Cook Chief Legal Off. & Corp. Sec. A +210,000 deriv. —
2025-06-05 Asit Parikh Director A +10,500 —
2025-06-05 Michael F Cola Director A +10,500 —
2025-06-05 Heidi Fields Director A +10,500 —
2025-06-05 James N Topper Director A +10,500 —
2025-06-05 Frank Karbe Director A +10,500 —
2025-06-05 Mark Stenhouse Director A +10,500 —
2025-05-23 James N Topper Director Buy +3,780 +$14.61K
2025-05-21 Robert Charles Breedlove Principal Accounting Officer A +33,000 deriv. —
2025-05-15 James N Topper Director Buy +7,420 +$24.46K
2025-05-13 James N Topper Director Buy +48,203 +$152.92K
2025-05-08 Asit Parikh Director Buy +10,000 +$24.98K
2025-04-16 Theodore R Schroeder Director A +21,000 —
2025-04-08 Molly Henderson CFO and CBO Sell −3,678 −$16.74K
2025-04-03 Steven L Basta President and CEO A +1,445,000 deriv. —
2025-03-21 Asit Parikh Director M +7,500 +$87.90K
2025-03-17 Asit Parikh Director Buy +10,000 +$44.20K
2025-03-03 Terrie Curran President and Chief Executive A +342,500 deriv. —
PHAT — Current Insider Holders
InsiderRole Shares HeldValue
Azmi Nabulsi Chief Operating Officer 1,098,290 $6.52M
Steven L Basta President and CEO 373,315 $2.22M
Terrie Curran President and Chief Executive 364,305 $2.16M
Sanjeev Narula Chief Financial & Bus. Officer 215,841 $1.28M
Asit Parikh Director 172,622 $1.03M
James N Topper Director 126,121 $749.16K
Molly Henderson CFO and CBO 91,779 $545.17K
Frank Karbe Director 91,622 $544.23K
Anne Marie Cook Chief Legal Off. & Corp. Sec. 88,660 $526.64K
Robert Charles Breedlove Principal Accounting Officer 67,656 $401.88K
Michael F Cola Director 63,920 $379.68K
Heidi Fields Director 54,122 $321.48K
Mark Stenhouse Director 54,122 $321.48K
Theodore R Schroeder Director 45,122 $268.02K
PHAT Insider Trading FAQ
Who are the insiders at PHAT?
14 officers, directors and 10%+ beneficial owners currently report holdings in PHAT via SEC Form 4.
Are PHAT insiders buying or selling?
Across the 50 most recent Form 4 filings for PHAT, 5 were open-market purchases (code P) and 4 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is PHAT insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent PHAT filing is dated 2026-10-08.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the PHAT quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.