[144] Esperion Therapeutics, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for ESPR insider Benjamin Halladay proposes to sell 7,046 shares of common stock on or about 09/17/2025. The shares were acquired on 09/15/2025 upon restricted stock vesting and are being sold as compensation. The filing lists an aggregate market value of $19,788.69 for the proposed sale versus 201,622,825 shares outstanding, indicating the sale is a very small fraction of the company. The filer previously sold 7,229 shares on 06/17/2025 for $8,329.25 and 11 shares on 07/17/2025 for $12.27. The signer certifies no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider plans to sell recently vested shares; size is immaterial relative to outstanding shares.
The proposed sale of 7,046 shares following a 09/15/2025 restricted stock vesting is consistent with routine insider liquidity from compensation. At an aggregate market value of $19,788.69 against 201,622,825 shares outstanding, this transaction is immaterial to ESPR's market capitalization and unlikely to affect share supply materially. Prior small sales in June and July 2025 show some ongoing insider liquidity but not a pattern of large disposals. From an analyst perspective, this filing is a routine disclosure rather than a signal of corporate distress.
TL;DR: Disclosure follows Rule 144 requirements; vesting-based sale aligns with standard executive compensation practices.
The filing documents a sale tied to restricted stock vesting with payment characterized as compensation, and includes the customary representation about material information. The timing—notice of proposed sale two days after vesting—matches common governance practices for insiders seeking liquidity. No trading-plan declaration is provided on the form. For governance review, the filing appears compliant and transparent, but stakeholders may note the recent small-scale sales in June and July 2025.