BridgeBio (BBIO) director sells 8,671 shares after exercising stock options
Rhea-AI Filing Summary
BridgeBio Pharma director Hannah Valantine exercised stock options to acquire 8,671 shares of common stock at $27.36 per share on March 10, 2026. She then sold the same 8,671 shares at $72.00 per share in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan. After these transactions, she holds 7,465 shares directly and 398 shares indirectly through her spouse.
Positive
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Insights
Director exercised options then sold the acquired shares under a 10b5-1 plan, retaining a meaningful equity stake.
Hannah Valantine, a director of BridgeBio Pharma, exercised stock options for 8,671 shares of common stock at an exercise price of $27.36 per share, then sold the same 8,671 shares at $72.00 per share on March 10, 2026. This pattern is a classic exercise-and-sell sequence that converts option value into cash.
The filing notes the sale was executed under a pre-arranged Rule 10b5-1 sales plan adopted on November 14, 2025, indicating the timing was planned rather than opportunistic. After the transactions, Valantine directly owns 7,465 shares of common stock and indirectly holds 398 shares through her spouse, so she maintains ongoing equity exposure alongside the monetization.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 8,671 | $0.00 | -- |
| Exercise | Common Stock | 8,671 | $27.36 | $237K |
| Sale | Common Stock | 8,671 | $72.00 | $624K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on November 14, 2025. One-third of the shares underlying the stock option will vest each year after June 21, 2024, such that all of the underlying shares will be vested on June 21, 2027, subject to the Reporting Person's continued service on the board of directors of the Issuer.