BBIO Form 144: 42,237 shares via Morgan Stanley; prior insider sales $871K
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. (BBIO) Form 144 notice: An affiliate proposes to sell 42,237 shares of common stock through Morgan Stanley Smith Barney LLC on 08/21/2025, with an aggregate market value of $2,090,076.83. The filing lists total outstanding shares of 191,168,504. The securities to be sold were acquired as restricted stock on multiple dates (08/16/2024; 11/16/2024; 02/16/2025; 05/16/2025; 08/16/2025) in amounts shown in the filing.
The filing also discloses sales by Thomas Trimarchi on 08/18/2025 totaling 17,353 shares for gross proceeds of $871,722.75. The notice contains the seller's certification that no undisclosed material adverse information is known to the signer.
Positive
- None.
Negative
- Planned insider sale of 42,237 shares with aggregate market value of $2,090,076.83 scheduled for 08/21/2025
- Recent insider sales by Thomas Trimarchi on 08/18/2025 totaled 17,353 shares for gross proceeds of $871,722.75
Insights
TL;DR: Insider plans to sell 42,237 shares (0.022% of outstanding) via Morgan Stanley on 08/21/2025; recent insider sales totaled 17,353 shares for $871,722.75.
The filing is a routine Form 144 disclosure showing an intended sale of restricted stock by an affiliate/insider. The size of the proposed sale (42,237 shares, aggregate market value $2.09M) is small relative to the reported outstanding shares (191.17M), suggesting limited direct dilution or market impact solely from this transaction. Recent sales by the same name on 08/18/2025 totaling 17,353 shares and $871,722.75 in proceeds are documented and should be considered when assessing insider disposition activity.
TL;DR: Form 144 properly lists acquisition dates, restricted stock nature, broker, and recent sales; signer certifies absence of undisclosed material adverse information.
The disclosure includes required details: broker name, exact share counts, acquisition dates and nature (restricted stock), and recent sales by the filer. The filing contains the standard attestation regarding material adverse information and warns against intentional misstatements. No regulatory exceptions or missing mandatory fields are evident within the provided content.