BridgeBio (BBIO) CEO-linked family trusts sell 80,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. director and CEO Neil Kumar reported that entities associated with him sold a total of 80,000 shares of Common Stock of BBIO in open‑market transactions on April 9–10, 2026. The trades were executed by the Kumar Haldea Family Irrevocable Trust and the Kumar Haldea Revocable Trust, where he serves as co‑trustee, at prices in the mid‑$70s per share.
The filing states these sales were made under a pre‑arranged Rule 10b5‑1 sales plan adopted on March 31, 2025, and includes a disclaimer that Kumar does not admit beneficial ownership of the trust shares beyond any pecuniary interest. After the transactions, the trusts and Kumar’s direct account together still hold several million shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 80,000 shares ($5,968,780)
Net Sell
9 txns
Insider
Kumar Neil
Role
Chief Executive Officer
Sold
80,000 shs ($5.97M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $74.6048 | $1.49M |
| Sale | Common Stock | 20,000 | $74.6038 | $1.49M |
| Sale | Common Stock | 7,200 | $73.6444 | $530K |
| Sale | Common Stock | 5,300 | $74.6044 | $395K |
| Sale | Common Stock | 7,500 | $75.5548 | $567K |
| Sale | Common Stock | 7,072 | $73.6427 | $521K |
| Sale | Common Stock | 5,128 | $74.5669 | $382K |
| Sale | Common Stock | 7,800 | $75.5287 | $589K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 595,686 shares (Indirect, By Kumar Haldea Family Irrevocable Trust, of which the Reporting Person is a co-trustee.);
Common Stock — 234,451 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 31, 2025. Represents the weighted average sale price of the shares sold from $73.19 to $74.16 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed to be an admission that such shares are beneficially owned by the Reporting Person for Section 16 or any other purpose. Represents the weighted average sale price of the shares sold from $74.19 to $75.17 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote. Represents the weighted average sale price of the shares sold from $75.22 to $76.18 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote. Represents the weighted average sale price of the shares sold from $73.15 to $74.14 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote. Represents the weighted average sale price of the shares sold from $74.18 to $75.145 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote. Represents the weighted average sale price of the shares sold from $75.18 to $76.17 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote. Represents the weighted average sale price of the shares sold from $74.26 to $75.22 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote. Represents the weighted average sale price of the shares sold from $74.27 to $75.03 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote.
Key Figures
Total shares sold: 80,000 shares
Sale price example: $74.6048 per share
Irrevocable trust holdings: 595,686 shares
+3 more
6 metrics
Total shares sold
80,000 shares
Aggregate open-market sales on April 9–10, 2026
Sale price example
$74.6048 per share
20,000-share sale on April 10, 2026 by irrevocable trust
Irrevocable trust holdings
595,686 shares
Kumar Haldea Family Irrevocable Trust after April 10, 2026 trades
Revocable trust holdings
4,398,447 shares
Kumar Haldea Revocable Trust after April 10, 2026 trades
Direct holdings
234,451 shares
Neil Kumar’s directly held BBIO common stock after April 9, 2026
Net insider share change
-80,000 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 sales plan, weighted average sale price, pecuniary interest, beneficial ownership
4 terms
Rule 10b5-1 sales plan financial
"This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 31, 2025."
weighted average sale price financial
"Represents the weighted average sale price of the shares sold from $73.19 to $74.16 per share."
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any,"
beneficial ownership financial
"this report shall not be deemed to be an admission that such shares are beneficially owned by the Reporting Person for Section 16 or any other purpose."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider activity did BridgeBio Pharma (BBIO) disclose in this Form 4?
BridgeBio Pharma’s Form 4 shows entities associated with CEO Neil Kumar sold 80,000 shares of BBIO common stock in open-market trades on April 9–10, 2026, through family trusts where he serves as co-trustee, at prices in the mid-$70s per share.