BridgeBio Pharma (NASDAQ: BBIO) CEO offloads 44,980 shares
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. (BBIO) reported that Chief Executive Officer and director Neil Kumar filed a Form 4 disclosing open-market sales of a total of 44,980 shares of common stock on August 18–19, 2026. Some shares were sold directly and others were sold by the Kumar Haldea Family Irrevocable Trust, where he is a co‑trustee. The transactions were effected pursuant to a Rule 10b5-1 sales plan adopted on May 13, 2026, with reported weighted average sale prices in the low-to-mid $80s per share. After these transactions, separately reported indirect holdings include 3,568,447 shares held by the Kumar Haldea Revocable Trust and 750,000 shares held by the NK 2026 GRAT, with Kumar disclaiming beneficial ownership of certain trust-held shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F6, F7 | 8,100 | $83.8588 | $679K |
| Sale | Common Stock F1, F8, F7 | 1,800 | $84.6867 | $152K |
| Sale | Common Stock F1, F7 | 100 | $85.65 | $9K |
| Sale | Common Stock F1, F2 | 1,900 | $81.1494 | $154K |
| Sale | Common Stock F1, F3 | 17,279 | $82.2104 | $1.42M |
| Sale | Common Stock F1, F4 | 14,602 | $82.9922 | $1.21M |
| Sale | Common Stock F1, F5 | 1,199 | $83.7732 | $100K |
| holding | Common Stock F7 | -- | -- | -- |
| holding | Common Stock F9 | -- | -- | -- |
Footnotes (9)
- F1. This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on May 13, 2026.
- F2. Represents the weighted average sale price of the shares sold from $80.54 to $81.53 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.
- F3. Represents the weighted average sale price of the shares sold from $81.62 to $82.61 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.
- F4. Represents the weighted average sale price of the shares sold from $82.62 to $83.61 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 $83.65 to $83.90 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 $83.34 to $84.31 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. 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.
- F8. Represents the weighted average sale price of the shares sold from $84.35 to $85.21 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.
- F9. These shares are held by the NK 2026 GRAT, a grantor retained annuity trust of which the Reporting Person is the sole trustee and sole annuitant. The Reporting Person disclaims beneficial ownership of the shares held by the NK 2026 GRAT except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
Rule 10b5-1 sales plan regulatory
weighted average sale price financial
pecuniary interest financial
grantor retained annuity trust financial
FAQ
What insider trading did BBIO CEO Neil Kumar report on this Form 4?
Were Neil Kumar’s August 2026 BBIO stock sales made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.