BridgeBio Pharma (BBIO) CEO discloses RSU vesting and stock sales
Rhea-AI Filing Summary
BridgeBio Pharma's chief executive officer and director reported multiple stock transactions in December 2025. On December 12, 2025, 60,975 restricted stock units converted into common stock, and 30,964 shares were withheld to satisfy tax obligations linked to this vesting.
On December 15, 2025, the officer sold 28,311 shares at a weighted average price of $74.5997 and 1,700 shares at $75.2412 under a Rule 10b5-1 sales plan adopted on March 31, 2025. After these transactions, the officer directly owned 228,776 shares, with an additional 755,686 and 4,558,447 shares held indirectly through family trusts, subject to a disclaimer of beneficial ownership beyond any pecuniary interest.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,311 | $74.5997 | $2.11M |
| Sale | Common Stock | 1,700 | $75.2412 | $128K |
| Exercise | Restricted Stock Units | 60,975 | $0.00 | -- |
| Exercise | Common Stock | 60,975 | $0.00 | -- |
| Tax Withholding | Common Stock | 30,964 | $75.15 | $2.33M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Represents number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 60,975 shares of Common Stock underlying the Reporting Person's RSUs. 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 $74.12 to $75.11 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 $75.13 to $75.49 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. The RSUs vest with respect to 1/2 of the underlying shares on December 12, 2025. Thereafter, the remaining underlying shares shall vest on December 12, 2026, subject to the Reporting Person's continued service with the Issuer or any of its subsidiaries through each vesting date. The RSUs have no expiration date.
FAQ
What insider stock transactions did BridgeBio Pharma's CEO report on 12/12/2025?
On December 12, 2025, the chief executive officer reported that 60,975 restricted stock units converted into common stock. In connection with this vesting, 30,964 shares of BridgeBio Pharma common stock were withheld to satisfy the officer's tax obligations.
Were the BridgeBio Pharma CEO's stock sales made under a Rule 10b5-1 plan?
Yes. The filing states that the December 15, 2025 stock sales were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on March 31, 2025. Rule 10b5-1 plans are pre-arranged trading programs for buying or selling securities.
What do the CEO's restricted stock units (RSUs) in BridgeBio Pharma represent?
Each restricted stock unit (RSU) represents a contingent right to receive one share of BridgeBio Pharma common stock. The RSUs vest with respect to one-half of the underlying shares on December 12, 2025, with the remaining underlying shares vesting on December 12, 2026, subject to the CEO's continued service. The RSUs have no expiration date.