This has probably been brought up already, but in trying to confirm my thought process from my earlier posts, it seems that according to the filing convention used on the 8-K announcing the settlements, they in fact were NOT considered material agreements.  Looking at the 8-K format, PTSC was filing under sections 8.01 & 9.01 which are:

Section 8 - Other Events

Item 8.01 Other Events

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

If they were considered material agreements, PTSC would have filed under section 1.01 which is:

Section 1 - Registrant's Business and Operations

Item 1.01 Entry into a Material Definitive Agreement

Item 1.02 Termination of a Material Definitive Agreement

Item 1.03 Bankruptcy or Receivership

So as much as I want to read into the insider trading moratorium, it doesn't seem to be related to it being a "material" agreement.  Perhaps this has been obvious to some already and been posted as such, but if so, I've missed it, and was just posting my thought process along the way.  Thanks for those who have provided feedback.