RPRX Files Form 144 for 33,500 Class A Shares on NASDAQ
Rhea-AI Filing Summary
Royalty Pharma plc submitted a Form 144 proposing the sale of 33,500 Class A ordinary shares through Merrill Lynch on NASDAQ, with an approximate sale date of 08/11/2025. The filing lists an aggregate market value of $1,213,747.00 and 432,293,050 shares outstanding, so the proposed block represents a very small fraction of the company.
The shares were acquired on 04/13/2015 in an exchange of limited partnership interests from Royalty Pharma plc, with cash payment recorded. The filer reports no securities sold in the past three months and includes the standard representation that no material nonpublic information is known.
Positive
- Proposed sale size is small: 33,500 shares representing approximately 0.0078% of 432,293,050 shares outstanding
- No sales in past three months: the form reports "Nothing to Report" for securities sold during the prior 3 months
- Clear acquisition history provided: shares were acquired on 04/13/2015 in an exchange of limited partnership interests with payment in cash
Negative
- None.
Insights
TL;DR: Small Rule 144 proposed sale; unlikely to move market given size relative to outstanding shares.
The filing shows a proposed sale of 33,500 shares valued at $1,213,747 versus 432,293,050 shares outstanding, representing roughly 0.0078% of the share base. Because the block is immaterial to total capitalization, market impact should be limited. The details provided (broker, exchange, acquisition date and nature) are standard for a Form 144 and allow market participants to time and route orders appropriately.
TL;DR: Form 144 contains required disclosures and a representation about material nonpublic information; no recent sales reported.
The filer discloses acquisition on 04/13/2015 via an exchange of limited partnership interests and payment in cash, and notes "Nothing to Report" for sales in the prior three months. The submission identifies the executing broker and exchange, and includes the standard signer representation required under Rule 144, fulfilling routine compliance expectations for an intended sale under the rule.