BridgeBio CEO-linked trusts sell 80K shares
BridgeBio Pharma, Inc. CEO Neil Kumar reported insider sales executed through family trusts.
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. CEO Neil Kumar reported insider sales executed through family trusts. Trusts associated with him sold a total of 80,000 shares of common stock in open-market transactions on May 7–8, 2026, at weighted average prices generally between about $66 and $69 per share, under a pre-arranged Rule 10b5-1 sales plan adopted on March 31, 2025. The sales were made by the Kumar Haldea Revocable Trust and the Kumar Haldea Family Irrevocable Trust, where he serves as co-trustee and disclaims beneficial ownership beyond any pecuniary interest. After these transactions, Kumar still holds 234,451 shares of common stock directly as of May 7, 2026, in addition to substantial indirect trust holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,973 | $66.6505 | $931K |
| Sale | Common Stock | 5,077 | $67.3455 | $342K |
| Sale | Common Stock | 950 | $68.3477 | $65K |
| Sale | Common Stock | 13,974 | $66.6505 | $931K |
| Sale | Common Stock | 5,076 | $67.3455 | $342K |
| Sale | Common Stock | 950 | $68.3477 | $65K |
| Sale | Common Stock | 11,217 | $67.495 | $757K |
| Sale | Common Stock | 8,333 | $68.3775 | $570K |
| Sale | Common Stock | 450 | $69.0911 | $31K |
| Sale | Common Stock | 11,217 | $67.4949 | $757K |
| Sale | Common Stock | 8,334 | $68.3775 | $570K |
| Sale | Common Stock | 449 | $69.0911 | $31K |
| holding | Common Stock | -- | -- | -- |
Footnotes (8)
- F1. This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 31, 2025.
- F2. Represents the weighted average sale price of the shares sold from $67.02 to $68.01 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.
- F3. 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.
- F4. Represents the weighted average sale price of the shares sold from $68.02 to $69.00 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.
- F5. Represents the weighted average sale price of the shares sold from $69.02 to $69.18 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.
- F6. Represents the weighted average sale price of the shares sold from $66.10 to $67.09 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.
- F7. Represents the weighted average sale price of the shares sold from $67.10 to $68.07 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.
- F8. Represents the weighted average sale price of the shares sold from $68.17 to $68.75 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
Key Terms
Rule 10b5-1 sales plan regulatory
weighted average sale price financial
beneficial ownership regulatory
pecuniary interest financial
Section 16 regulatory
FAQ
What did BridgeBio Pharma (BBIO) CEO Neil Kumar report in this Form 4?
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