BridgeBio (BBIO) director trades 64,921 shares in 10b5-1 plan sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. director Andrea Ellis exercised stock options and sold shares in a pre‑planned trade. On March 4, 2026, Ellis exercised options for 64,921 shares of common stock at $8.45 per share, converting a previously held stock option that had vested in three annual installments beginning on June 22, 2023 and ending on June 22, 2025. The same day, Ellis sold 64,921 shares of common stock at a weighted average price of $64.8681 per share, within a range of $64.255 to $65.21, under a Rule 10b5‑1 sales plan adopted on December 3, 2025, and held 18,589 shares directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 64,921 shares ($4,211,302)
Net Sell
3 txns
Insider
Ellis Andrea
Role
Director
Sold
64,921 shs ($4.21M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 64,921 | $0.00 | -- |
| Exercise | Common Stock | 64,921 | $8.45 | $549K |
| Sale | Common Stock | 64,921 | $64.8681 | $4.21M |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 83,510 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on December 3, 2025. Represents the weighted average sale price of the shares sold from $64.255 to $65.21 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 stock option vests and becomes exercisable in three annual installments starting on June 22, 2023 and ending on June 22, 2025, subject to the Reporting Person's continued service on the Issuer's Board of Directors.
FAQ
What insider transactions did BBIO director Andrea Ellis report?
Andrea Ellis exercised options for 64,921 BridgeBio Pharma shares and sold 64,921 common shares on March 4, 2026. These transactions converted vested stock options into stock and then into cash while leaving her with 18,589 directly held shares afterward.
Was the BBIO insider sale by Andrea Ellis under a Rule 10b5-1 plan?
Yes. The sale of 64,921 BridgeBio shares was executed under a Rule 10b5‑1 trading plan adopted by Andrea Ellis on December 3, 2025. Such plans prearrange trading terms, helping separate trading decisions from later market or company developments.
What stock options did Andrea Ellis exercise in this BBIO Form 4?
Andrea Ellis exercised a stock option covering 64,921 BridgeBio shares at $8.45 per share on March 4, 2026. The option vested in three equal annual installments between June 22, 2023 and June 22, 2025, contingent on continued board service during that period.
What does transaction code M mean in the BBIO Form 4 for Andrea Ellis?
Transaction code M in Andrea Ellis’s Form 4 indicates the exercise or conversion of a derivative security, here a stock option. It records acquiring 64,921 BridgeBio common shares from an option with a $8.45 exercise price before those shares were sold the same day.