BridgeBio Pharma (NASDAQ: BBIO) CEO logs 28,053-share sale under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. Chief Executive Officer Neil Kumar reported open-market sales of a total of 28,053 shares of common stock on February 19, 2026. The sales were executed in three tranches of 18,923, 8,528 and 602 shares at weighted average prices of $71.0347, $72.0804 and $72.8010 per share, respectively, pursuant to a pre-arranged Rule 10b5-1 sales plan adopted on March 31, 2025.
Following these transactions, Kumar directly owned 234,451 shares of BridgeBio common stock. He also had indirect ownership of 675,686 shares through the Kumar Haldea Family Irrevocable Trust and 4,478,447 shares through the Kumar Haldea Revocable Trust, as co-trustee, while disclaiming beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 28,053 shares ($2,002,717)
Net Sell
5 txns
Insider
Kumar Neil
Role
Chief Executive Officer
Sold
28,053 shs ($2.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,923 | $71.0347 | $1.34M |
| Sale | Common Stock | 8,528 | $72.0804 | $615K |
| Sale | Common Stock | 602 | $72.801 | $44K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 243,581 shares (Direct);
Common Stock — 675,686 shares (Indirect, By Kumar Haldea Family Irrevocable Trust, of which the Reporting Person is a co-trustee.)
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 $70.61 to $71.56 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 $71.61 to $72.57 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 $72.61 to $72.86 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.
FAQ
What insider transaction did BridgeBio (BBIO) CEO Neil Kumar report?
Neil Kumar reported open-market sales of BridgeBio common stock. On February 19, 2026, he sold 28,053 shares in three transactions under a pre-arranged Rule 10b5-1 trading plan adopted on March 31, 2025, according to the Form 4 filing.