Royalty Pharma (NASDAQ: RPRX) holder plans multi-million share sale
Rhea-AI Filing Summary
Royalty Pharma plc (RPRX) received a notice that SCH Investment Partners LLC intends to sell 100,000 Class A Ordinary Shares of Royalty Pharma under Rule 144. These shares, acquired in private transactions in 2024 and 2025, have an aggregate market value of $6,012,000. Royalty Pharma had 445,277,344 shares outstanding as of the notice date. SCH Investment Partners LLC previously sold 150,000 shares for $8,166,766.13 on June 23, 2026 and 100,000 shares for $5,645,700.97 on June 30, 2026, all under a selling plan dated March 20, 2026 intended to comply with Rule 10b5-1(c).
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 100,000 shares
Aggregate market value of shares to be sold: $6,012,000
Shares outstanding: 445,277,344 shares
+3 more
6 metrics
Shares to be sold
100,000 shares
Class A Ordinary Shares of Royalty Pharma covered by this Form 144 notice
Aggregate market value of shares to be sold
$6,012,000
Market value of 100,000 Class A Ordinary Shares subject to proposed Rule 144 sale
Shares outstanding
445,277,344 shares
Royalty Pharma Class A Ordinary Shares outstanding as referenced in the notice
Sale on June 23, 2026
150,000 shares for $8,166,766.13
Shares sold by SCH Investment Partners LLC during the past 3 months
Sale on June 30, 2026
100,000 shares for $5,645,700.97
Additional shares sold by SCH Investment Partners LLC during the past 3 months
Selling plan date
03/20/2026
Date of selling plan intended to comply with Rule 10b5-1(c)
Key Terms
Rule 144, Rule 10b5-1(c), selling plan
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1(c) regulatory
"selling plan dated 03/20/2026, which is intended to comply with Rule 10b5-1(c)."
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
selling plan financial
"sales of shares set forth herein are made in connection with a selling plan dated 03/20/2026"
FAQ
What does the Form 144 filing mean for Royalty Pharma plc (RPRX)?
The filing reports that SCH Investment Partners LLC plans to sell 100,000 Class A Ordinary Shares of Royalty Pharma under Rule 144. This is a resale by an existing holder and does not represent a new share issuance by Royalty Pharma.
AI-generated analysis. How Rhea-AI works. Not financial advice.