BridgeBio Pharma (BBIO) CFO uses 22,781 shares to cover RSU taxes
Rhea-AI Filing Summary
BridgeBio Pharma, Inc. (BBIO) reported that President and CFO Thomas Trimarchi had 22,781 shares of common stock withheld on August 16, 2026 to satisfy tax obligations related to the vesting of 41,194 RSU-based shares. After this tax-withholding disposition, he directly held 336,529 shares, which includes 116 shares acquired on August 14, 2026 through the company’s Employee Stock Purchase Plan.
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Insights
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Insider Trade Summary
Net Seller: 22,781 shares
Net Sell
1 txn
Insider
Trimarchi Thomas
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 22,781 | $79.86 | $1.82M |
Holdings After Transaction:
Common Stock — 336,529 shares (Direct)
Footnotes (2)
- F1. 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 41,194 shares of Common Stock underlying the Reporting Person's RSUs.
- F2. Includes 116 shares of the Issuer's Common Stock acquired by the Reporting Person on August 14, 2026 pursuant to the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3.
Key Figures
Shares withheld for taxes: 22,781 shares
Per-share value for withholding: $79.86 per share
RSU shares vesting: 41,194 shares
+2 more
5 metrics
Shares withheld for taxes
22,781 shares
Common stock withheld on August 16, 2026 for tax obligation on RSU vesting
Per-share value for withholding
$79.86 per share
Value used for the 22,781 withheld common shares
RSU shares vesting
41,194 shares
Common stock underlying RSUs that vested for the reporting person
Shares owned after transaction
336,529 shares
Direct common stock holdings following the August 16, 2026 transaction
ESPP shares acquired
116 shares
Common stock acquired August 14, 2026 under Employee Stock Purchase Plan
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, Rule 16b-3
3 terms
Restricted Stock Units financial
"vesting of 41,194 shares of Common Stock underlying the Reporting Person's RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"acquired by the Reporting Person on August 14, 2026 pursuant to the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3 regulatory
"in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider transaction did BBIO’s President and CFO report on August 16, 2026?
BridgeBio Pharma (BBIO) President and CFO Thomas Trimarchi reported a tax-withholding disposition of 22,781 shares of common stock. The shares were withheld to cover taxes from the vesting of 41,194 RSU-related shares.
Was the BBIO Form 4 transaction a market sale or tax withholding event?
The reported Form 4 event for BBIO was a tax-withholding disposition, not an open-market sale. 22,781 shares were withheld to satisfy Thomas Trimarchi’s tax obligations from vesting RSUs totaling 41,194 shares.
What RSU vesting activity triggered the BBIO insider tax withholding?
The tax withholding was triggered by the vesting of 41,194 shares of BridgeBio common stock underlying RSUs held by Thomas Trimarchi. To cover associated taxes, 22,781 shares of common stock were withheld instead of being sold on the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.