UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): September 16, 2022

PRECIPIO, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-36439		91-1789357
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

4 Science Park, New Haven, CT 06511

(Address of principal executive offices) (Zip Code)

(203) 787-7888

(Registrant's telephone number, including area code)

Not Applicable

(Former name, former address and former fiscal year, if changed since last report date)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Ticker symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value per share	PRPO	The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01. Other Events.

On September 16, 2022, Ilan Danieli, Chief Executive Officer and director of Precipio, Inc. (the “Company”) adopted a stock trading plan (the “Plan”) in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”) and the Company’s insider trading policy. In accordance with Rule 10b5-1 of the Exchange Act, the Company’s Insider Trading and Anti-Tipping Policy permits issuers, officers, directors and employees who are not then in possession of material non-public information to enter into a pre-arranged plan for buying or selling Company stock under specified conditions and at specified times. In accordance with Rule 10b5-1, Mr. Danieli will not have discretion over purchases or sales made under the Plan.

Mr. Danieli’s Plan, which is intended to comply with Rule 10b5-1, provides that on each of the first day of October, January, April and July, or the next business day thereafter, $10,000 of shares of the Company’s common stock shall be purchased at prevailing market prices by the broker.

In addition, the Plan provides that on the first trading day when the share price of the Company’s common stock shall equal or exceed $5.00 per share, an aggregate of 10,000 shares of common stock held by Mr. Danieli shall be sold. And when on the first trading day when the bid price of the Company’s common stock shall equal or exceed $10.00 per share, an aggregate of 50,000 shares of common stock held by Mr. Danieli shall be sold. The price is above the market price of $0.94 at the time of adoption as set forth in the Plan.

Transactions under the Plans will be reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PRECIPIO, INC.

	By:	/s/ Ilan Danieli
	Name:	Ilan Danieli
	Title:	Chief Executive Officer

Date: September 19, 2022

Precipio Inc. filed SEC Form 8-K: Other Events