BridgeBio (BBIO) Form 4: Trimarchi disposes 42,237 shares; retains 421,081
Rhea-AI Filing Summary
Thomas Trimarchi, President and Chief Financial Officer of BridgeBio Pharma, Inc. (BBIO), reported a sale of 42,237 shares of common stock on 08/21/2025 at a weighted-average price of $49.4846 per share (sales ranged from $49.08 to $49.77). After the transaction he beneficially owned 421,081 shares, reported as a direct holding. The Form 4 discloses the transaction code as a sale and includes an explanatory footnote that the reporting person can provide a breakdown of shares sold at each price within the stated range.
Positive
- Clear disclosure of weighted-average sale price and price range with offer to provide per-price breakdown
- Continued ownership of 421,081 shares after the sale, indicating retained alignment with shareholders
- Form 4 filed by one reporting person, showing individual accountability
Negative
- Insider sale of 42,237 shares which may attract investor attention regarding executive selling activity
Insights
TL;DR: Routine insider sale by a senior executive; provides transparency but may prompt investor questions about timing.
The reported disposition of 42,237 shares by the company’s President and CFO appears to be a straightforward sale reported on Form 4. The filing supplies the weighted-average price and a price range, with the filer offering to provide a per-price breakdown on request, which supports disclosure quality. With 421,081 shares retained after the sale, the transaction reduces but does not eliminate the executive’s position, suggesting the sale is not an exit. This is a routine disclosure that is typically classified as non-material to company operations unless part of a broader pattern of selling by insiders.
TL;DR: The Form 4 meets Section 16 disclosure norms; the sale is documented and the filer preserved a significant remaining stake.
The filing identifies the reporting person as both an officer and a director, which heightens the importance of clear disclosure. The Form 4 includes an explanatory footnote about the price range and offers further breakdowns on request, reflecting good compliance practice. Maintaining 421,081 shares post-sale indicates continued alignment with shareholder interests, though investors may monitor for additional filings to assess any trend in insider selling.