Royalty Pharma (RPRX) CFO gets 26,626-share equity performance award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Royalty Pharma plc executive vice president and CFO Terrance P. Coyne reported an indirect equity award of Class A Ordinary Shares. On February 11, 2026, an affiliated entity, TPC RP EPA1 LLC, acquired 26,626 Class A shares at $0 per share in an exempt transaction under Rule 16b-3 tied to the settlement of equity performance awards. Following this grant, TPC RP EPA1 LLC holds 49,511 Class A shares indirectly for Coyne. The filing also notes additional indirect holdings through related LLCs and retirement accounts, plus partnership and Class E Ordinary Share interests exchangeable into 6,448,180 and 1,807,277 Class A shares, respectively, with the Class E interests subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Coyne Terrance P.
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 26,626 | $0.00 | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 49,511 shares (Indirect, TPC RP EPA1 LLC);
Class A Ordinary Shares — 1,500 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Royalty Pharma (RPRX) report for its CFO?
Royalty Pharma’s CFO reported an indirect equity award. An affiliated entity, TPC RP EPA1 LLC, acquired 26,626 Class A Ordinary Shares at $0 per share as an exempt Rule 16b-3 grant tied to settling equity performance awards.
How are the Royalty Pharma (RPRX) CFO’s holdings structured across entities?
Holdings are spread across several vehicles. Indirect Class A holdings are reported through TPC RP EPA1 LLC, TPC RP 2021, LLC, the spouse’s IRA, the reporting person’s IRA, and the spouse’s account, in addition to the large exchangeable partnership and Class E share interests.
What regulatory rule applies to the Royalty Pharma (RPRX) CFO’s equity award?
The acquisition is described as exempt under Rule 16b-3. The 26,626 Class A Ordinary Shares were granted in connection with the settlement of equity performance awards, qualifying as an exempt insider acquisition for reporting purposes.