BBIO insider notice: 120,000 shares (~$6.51M) set for 10/08/2025
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. (BBIO) submitted a Form 144 notice for a proposed sale of 120,000 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of
The filing includes the standard Rule 144 representation that the seller does not possess undisclosed material adverse information and notes reliance on written trading plans where applicable.
Positive
- Seller used 10b5-1 plans, indicating pre‑arranged, rule‑compliant selling
- Shares originated from a 2016 conversion, showing long-term holding before sale
Negative
- Proposed sale of 120,000 shares (~
$6.51M ) could add notable near‑term supply - Multiple recent 10b5-1 sales from related accounts total substantial volume in three months
Insights
Large insider sale scheduled; multiple recent 10b5-1 plan executions.
The notice shows a proposed sale of 120,000 shares valued at
Related accounts executed several 10b5-1 sales in the prior three months, typically 20,000-share blocks and one 26,156-share trade, producing proceeds between
Disposition stems from management incentive conversion; filing includes required certifications.
The securities were acquired through a conversion of management incentive units in
Repeated 10b5-1 sales by related trusts and an individual in recent months indicate a systematic liquidity program rather than ad hoc insider selling; monitor scheduled dates such as