BAGGER RICHARD H purchased $13K of TNXP
BAGGER RICHARD H purchased 1,000 shares of Tonix Pharmaceuticals Holding Corp. (TNXP) at $12.60 on 2026-08-20.
How this was made
The 30-second read
Why it matters
The purchase is modest and unlikely to affect TNXP's price.
Market read
Minor insider purchase with low trading relevance.
What to watch
Potential upcoming clinical data could make this purchase more meaningful.
Background
SEC Form 4 filing discloses insider transactions.
Ticker impact
Director Richard Bagger purchased 1,000 shares for $12,600 in a Form 4 filing.
Minimal price movement expected.
The transaction size is tiny relative to market cap; unlikely to move the stock.
Market effects
No significant effect on the biotech sector.
Limited to US biotech investors.
None
Counterpoint
Even small insider buys can precede larger moves if management signals confidence.
Key entities
- companyTonix Pharmaceuticals Holding Corp.
Biotech company listed on NASDAQ.
- insiderRichard Bagger
Director of Tonix.



