BBIO insider sells 80,000 shares in pre-set 10b5-1 trades
Rhea-AI Filing Summary
BridgeBio Pharma (BBIO) insider filed a Form 4 reporting open‑market sales totaling 80,000 shares of common stock on 11/06/2025 and 11/07/2025, executed under a Rule 10b5-1 trading plan adopted on March 31, 2025.
Sales were made through trusts where the reporting person is a co‑trustee at weighted average prices within disclosed ranges, with individual trades priced from $60.57 to $64.39 per share. Following these transactions, beneficial holdings reported include 4,598,447 shares (Revocable Trust), 795,686 shares (Family Irrevocable Trust), and 223,090 shares held directly.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 insider sales; neutral signal.
The filing reports pre‑programmed sales under a Rule 10b5‑1 plan, which are commonly used to execute trades on a scheduled basis. Across two days, 80,000 shares were sold in multiple tranches with disclosed weighted average price ranges.
Holdings remain substantial after the transactions: 4,598,447 shares via a revocable trust, 795,686 via a family irrevocable trust, and 223,090 directly. The form states a standard disclaimer of beneficial ownership for the trusts.
Because these are plan‑driven sales and the remaining beneficial stake is large, this event is typically viewed as administrative rather than thesis‑changing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,492 | $61.1401 | $764K |
| Sale | Common Stock | 7,308 | $61.8714 | $452K |
| Sale | Common Stock | 200 | $62.805 | $13K |
| Sale | Common Stock | 12,234 | $61.1298 | $748K |
| Sale | Common Stock | 7,546 | $61.8657 | $467K |
| Sale | Common Stock | 220 | $62.7936 | $14K |
| Sale | Common Stock | 12,576 | $62.9108 | $791K |
| Sale | Common Stock | 7,324 | $63.5467 | $465K |
| Sale | Common Stock | 100 | $64.39 | $6K |
| Sale | Common Stock | 12,529 | $62.9088 | $788K |
| Sale | Common Stock | 7,371 | $63.5561 | $468K |
| Sale | Common Stock | 100 | $64.39 | $6K |
| holding | Common Stock | -- | -- | -- |
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 $62.245 to $63.24 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. Represents the weighted average sale price of the shares sold from $63.25 to $64.17 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 $60.59 to $61.58 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 $61.59 to $62.53 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 $62.78 to $62.83 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 $60.57 to $61.56 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 $61.58 to $62.37 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 $62.68 to $62.83 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.