BridgeBio (NASDAQ: BBIO) insider plans $2.8M stock sale
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. (BBIO) received a notice that Neil Kumar intends to sell common stock under Rule 144. The filing lists 34,980 shares of common stock held through Morgan Stanley Smith Barney, with a reported value of $2,794,552.20, against 195,487,474 shares outstanding as of August 18, 2026. It also details prior Rule 10b5-1 plan sales over the past three months by Kumar and related trusts.
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Key Figures
Shares to be sold: 34,980 shares
Value of shares to be sold: $2,794,552.20
Shares outstanding: 195,487,474 shares
+4 more
7 metrics
Shares to be sold
34,980 shares
Common stock listed in Rule 144 notice held via Morgan Stanley Smith Barney LLC
Value of shares to be sold
$2,794,552.20
Reported value for 34,980 BridgeBio Pharma common shares in Rule 144 section
Shares outstanding
195,487,474 shares
BridgeBio Pharma common shares outstanding as of August 18, 2026
10b5-1 sale 1
20,000 shares
Common shares sold June 5, 2026 by Kumar Haldea Revocable Trust under 10b5-1 plan
Proceeds from 10b5-1 sale 1
$1,357,538.00
Dollar amount for 20,000-share 10b5-1 sale on June 5, 2026
10b5-1 sale by Neil Kumar
26,103 shares
Common shares sold May 21, 2026 by Neil Kumar under 10b5-1 plan
Proceeds from Neil Kumar 10b5-1 sale
$1,812,521.84
Dollar amount for 26,103-share sale on May 21, 2026
Key Terms
Rule 144, Restricted Stock Units, 10b5-1, Revocable Trust, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 08/16/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for KUMAR HALDEA REVOCABLE TRUST"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Revocable Trust financial
"10b5-1 Sales for KUMAR HALDEA REVOCABLE TRUST"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Irrevocable Trust financial
"KUMAR HALDEA FAMILY IRREVOCABLE TRU/T/A DTD 05/18/2019"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
What does the Form 144 filing by BBIO insider Neil Kumar disclose?
The filing discloses Neil Kumar’s intent to sell 34,980 shares of BridgeBio Pharma common stock under Rule 144, along with a record of recent Rule 10b5-1 plan sales over the prior three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.