BBIO Form 4: Director’s 10,000-share option exercise and sales
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. (BBIO) director reports option exercise and share sales. On 11/17/2025, the reporting person exercised a stock option for 10,000 shares of common stock at $16.75 per share, increasing their holdings before subsequent sales. That same day, they sold 3,801 shares of common stock at a weighted average price of $66.2481 and 6,199 shares at a weighted average price of $66.8908, all under a Rule 10b5-1 trading plan adopted on June 27, 2025. After these transactions, the reporting person directly owned 11,589 shares of BridgeBio common stock and indirectly owned 4,000 shares through Thinking Bench Capital LLC. Following the option exercise, 41,501 stock options with a $16.75 exercise price remained beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $16.75 | $168K |
| Sale | Common Stock | 3,801 | $66.2481 | $252K |
| Sale | Common Stock | 6,199 | $66.8908 | $415K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on June 27, 2025. Represents the weighted average sale price of the shares sold from $65.64 to $66.63 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 $66.65 to $67.48 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. One-third of the shares underlying the option vested on June 21, 2024; thereafter, one-third of the underlying shares will vest on an annual basis, so that all of the underlying shares will be vested on June 21, 2026, subject to the Reporting Person's continued service on the board of directors of the Issuer.
FAQ
What insider transaction did BridgeBio Pharma (BBIO) report on this Form 4?
The Form 4 reports that a director of BridgeBio Pharma exercised a stock option for 10,000 shares of common stock at $16.75 per share on 11/17/2025 and sold shares on the same date.
Was the BridgeBio (BBIO) insider trading under a Rule 10b5-1 plan?
Yes. The stock sales were made under a Rule 10b5-1 sales plan that the reporting person adopted on June 27, 2025, as disclosed in the footnotes.
What stock options does the BridgeBio (BBIO) director still hold?
The director held 41,501 stock options with an exercise price of $16.75 per share after the 11/17/2025 exercise of 10,000 options.
How do the weighted average sale prices on this BridgeBio (BBIO) Form 4 work?
The reported prices of $66.2481 and $66.8908 are weighted average sale prices for trades executed in ranges of $65.64–$66.63 and $66.65–$67.48 per share, respectively. The reporting person has offered to provide detailed trade breakdowns upon request.
What is the vesting schedule of the BridgeBio (BBIO) stock option involved?
For the stock option exercised, one-third of the underlying shares vested on June 21, 2024, and one-third vests annually so that all shares vest by June 21, 2026, subject to continued board service.