QVT unit trims Roivant Sciences (ROIV) stake via open‑market sales

Rhea-AI Filing Summary

QVT Financial LP, acting as a director by deputization of Roivant Sciences Ltd., reported a series of indirect open‑market sales of Roivant common shares held by QVT Financial Investment Cayman Ltd. on February 11–13, 2026. The transactions included sales of 425,000, 150,000, 275,000, 150,784 and 225,000 common shares at prices between $26.49 and $26.76 per share. Following these trades, QVT Financial Investment Cayman Ltd. held 15,127,329 Roivant common shares indirectly for QVT Financial LP, while footnotes state that QVT Financial LP may be deemed to beneficially own 25,161,237 common shares across several related entities.

Insider Trade Summary

Net Seller: 1,225,784 shares ($32,658,518)

Net Sell 5 txns

Insider QVT Financial LP

Role Insider

Sold 1,225,784 shs ($32.66M)

Type	Security	Shares	Price	Value
Sale	Common Shares	150,784	$26.49	$3.99M
Sale	Common Shares	225,000	$26.50	$5.96M
Sale	Common Shares	150,000	$26.72	$4.01M
Sale	Common Shares	275,000	$26.76	$7.36M
Sale	Common Shares	425,000	$26.67	$11.33M

Holdings After Transaction: Common Shares — 15,352,329 shares (Indirect, Held by QVT Financial Investment Cayman Ltd.)

Footnotes (1)

1. Aggregately, following the transactions described above, QVT Financial LP ("QVT"), a Delaware limited partnership, may be deemed to be the beneficial owner of 25,161,237 Common Shares, consisting of the Common Shares owned by QVT P&E Roiv Hldgs Ltd. ("QVT P&E"), QVT Deferred Compensation Holdings Ltd ("QVT DCH") and QVT FIC. QVT Financial GP LLC ("QVT Financial GP"), a Delaware limited liability company, is the general partner of QVT and may be deemed to beneficially own the same number of Common Shares reported by QVT. QVT provides certain investment advisory services for, and thereby may be deemed to beneficially own the Common Shares held by, QVT P&E, QVT DCH and QVT FIC. QVT disclaims beneficial ownership of such Common Shares, except to the extent of any pecuniary interest therein, and the inclusion of these Common Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Shares for purposes of Section 16 or for any other purpose.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

QVT Financial LP

(Last) (First) (Middle)

888 SEVENTH AVENUE, 43RD FLOOR

(Street)

NEW YORK NY 10106

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Roivant Sciences Ltd. [ ROIV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Director by Deputization

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	02/11/2026		S		425,000	D	$26.67	15,928,113	I(1)	Held by QVT Financial Investment Cayman Ltd.(2)
Common Shares	02/12/2026		S		150,000	D	$26.72	15,778,113	I(1)	Held by QVT Financial Investment Cayman Ltd.(2)
Common Shares	02/12/2026		S		275,000	D	$26.76	15,503,113	I(1)	Held by QVT Financial Investment Cayman Ltd.(2)
Common Shares	02/13/2026		S		150,784	D	$26.49	15,352,329	I(1)	Held by QVT Financial Investment Cayman Ltd.(2)
Common Shares	02/13/2026		S		225,000	D	$26.5	15,127,329	I(1)	Held by QVT Financial Investment Cayman Ltd.(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Aggregately, following the transactions described above, QVT Financial LP ("QVT"), a Delaware limited partnership, may be deemed to be the beneficial owner of 25,161,237 Common Shares, consisting of the Common Shares owned by QVT P&E Roiv Hldgs Ltd. ("QVT P&E"), QVT Deferred Compensation Holdings Ltd ("QVT DCH") and QVT FIC. QVT Financial GP LLC ("QVT Financial GP"), a Delaware limited liability company, is the general partner of QVT and may be deemed to beneficially own the same number of Common Shares reported by QVT.

2. QVT provides certain investment advisory services for, and thereby may be deemed to beneficially own the Common Shares held by, QVT P&E, QVT DCH and QVT FIC. QVT disclaims beneficial ownership of such Common Shares, except to the extent of any pecuniary interest therein, and the inclusion of these Common Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Shares for purposes of Section 16 or for any other purpose.

	/s/ Meg Eisner	02/13/2026
	** Signature of Reporting Person	Date
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