[Form 4] BridgeBio Pharma, Inc. Insider Trading Activity
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. (BBIO) Chief Executive Officer and director Kumar Haldea reported open-market sales of the company’s common stock on 11/20/2025 under a pre-arranged Rule 10b5-1 trading plan adopted on March 31, 2025. He sold 6,401 shares at a weighted average price of $64.9706, 14,299 shares at a weighted average price of $65.904, and 5,456 shares at a weighted average price of $66.7129, with each price reflecting sales across specified ranges. Following these transactions, Haldea directly held 228,776 shares and also had indirect beneficial ownership of 795,686 shares through the Kumar Haldea Family Irrevocable Trust and 4,598,447 shares through the Kumar Haldea Revocable Trust, where he serves as co-trustee and disclaims beneficial ownership except to the extent of any pecuniary interest.
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FAQ
What did BridgeBio Pharma (BBIO) disclose in this Form 4 filing?
The filing reports that Chief Executive Officer and director Kumar Haldea sold shares of BridgeBio Pharma, Inc. common stock on 11/20/2025 in several open-market transactions and provides updated information on his direct and indirect beneficial ownership.
How many BridgeBio (BBIO) shares did the CEO sell on 11/20/2025?
Kumar Haldea reported three sales of common stock on 11/20/2025: 6,401 shares at a weighted average price of $64.9706, 14,299 shares at $65.904, and 5,456 shares at $66.7129, each reflecting multiple trades within stated price ranges.
Were the BridgeBio (BBIO) CEO’s stock sales under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 sales plan adopted by Kumar Haldea on March 31, 2025, and the relevant checkbox indicating a Rule 10b5-1(c) plan is marked.
What are the updated BridgeBio (BBIO) share holdings of the CEO after these sales?
After the reported transactions, Kumar Haldea directly owned 228,776 shares of BridgeBio common stock. He also had indirect beneficial ownership of 795,686 shares through the Kumar Haldea Family Irrevocable Trust and 4,598,447 shares through the Kumar Haldea Revocable Trust, where he acts as co-trustee.
How were the sale prices for the BridgeBio (BBIO) CEO’s trades determined?
The filing explains that each reported price is a weighted average sale price. For example, $64.9706 reflects shares sold between $64.49 and $65.48, and similar ranges are provided for the other weighted average prices. Detailed trade-by-trade information is available from the reporting person upon request.
What does the CEO state about beneficial ownership of BridgeBio (BBIO) shares held in trusts?
The filing notes that Kumar Haldea disclaims beneficial ownership of shares held by the Kumar Haldea Family Irrevocable Trust and the Kumar Haldea Revocable Trust except to the extent of his pecuniary interest, and it clarifies that this report is not an admission of beneficial ownership for Section 16 or other purposes.