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Royalty Pharma CFO converts interests into 250K shares

The exchange terms provide for each RPI US LP interest to convert into ten Class B Interests, each exchangeable for one Class A Ordinary Share.

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Form Type
4

Rhea-AI Filing Summary

Royalty Pharma plc EVP & CFO Terrance P. Coyne reported that, on November 6, 2026, TPC RP 2021, LLC and TPC RP, LLC exchanged 15,000 and 10,000 RPI US Partners 2019, LP interests, respectively, for 150,000 and 100,000 Class A Ordinary Shares; the exchange involved no additional value. Following the conversions, the entities were reported with 102,526 and 473,942 LP interests, respectively. On November 4, 2026, TPC RP EPA1 LLC acquired 7,122 Class A Ordinary Shares in settlement of Equity Performance Awards, with 7,122 shares reported following the acquisition. A separate holding lists 43,350 LP interests held through TPC ICAI, LLC, exchangeable for 433,500 Class A Ordinary Shares.

Insider Coyne Terrance P.
Role EVP & CFO
Type Security Shares Price Value
Conversion LP interests in RPI US Partners 2019, LP F2, F3 15,000 $0.00 $0.00
Conversion LP interests in RPI US Partners 2019, LP F2, F3 10,000 $0.00 $0.00
Conversion Class A Ordinary Shares F2 150,000 $0.00 $0.00
Conversion Class A Ordinary Shares F2 100,000 $0.00 $0.00
Grant/Award Class A Ordinary Shares F1 7,122 $0.00 $0.00
Holding LP interests in RPI US Partners 2019, LP F3 -- -- --
Holding Class A Ordinary Shares -- -- --
Holding Class A Ordinary Shares -- -- --
Holding Class A Ordinary Shares -- -- --
Holding Class A Ordinary Shares -- -- --
Holdings After Transaction: LP interests in RPI US Partners 2019, LP — 102,526 contracts (Indirect, By TPC RP 2021, LLC); LP interests in RPI US Partners 2019, LP — 473,942 contracts (Indirect, By TPC RP, LLC); Class A Ordinary Shares — 7,122 shares (Indirect, TPC RP EPA1 LLC); Class A Ordinary Shares — 150,000 shares (Indirect, By TPC RP 2021, LLC); Class A Ordinary Shares — 100,000 shares (Indirect, TPC RP, LLC); LP interests in RPI US Partners 2019, LP — 43,350 contracts for 433,500 underlying shares (Indirect, By TPC ICAI, LLC); Class A Ordinary Shares — 24,170 shares (Indirect, By Spouse's IRA); Class A Ordinary Shares — 23,270 shares (Indirect, By IRA); Class A Ordinary Shares — 1,500 shares (Direct); Class A Ordinary Shares — 1,450 shares (Indirect, By Spouse)
Footnotes (3)
  1. F1. Reflects the exempt acquisition by the Reporting Person pursuant to Rule 16b-3 of Class A Ordinary Shares of the Issuer in connection with the settlement of Equity Performance Awards.
  2. F2. These Class A Ordinary Shares will be received by the Reporting Person in exchange for limited partnership interests in RPI US Partners 2019, LP ("RPI US LP"). Each limited partnership interest in RPI US LP ("RPI US LP Interest") will be exchanged for ten Class B Interests in Royalty Pharma Holdings Limited ("RPH"). Each Class B Interest in RPH so distributed will be exchanged for one Class A Ordinary Share of the Issuer. This exchange will be made pursuant to the terms of the Amended and Restated Exchange Agreement. No additional value will be paid by the Reporting Person in connection with the exchange.
  3. F3. Represents RPI US LP Interests. Each RPI US LP Interest can be exchanged for ten Class B Interests in RPH at any time and for no additional value, which exchange right does not expire until so converted. Upon such exchange, each Class B Interest in RPH issued in exchange for a RPI US LP Interest will be exchanged for one Class A Ordinary Share of the Issuer for no additional value.
LP interests exchanged by TPC RP 2021, LLC 15,000 LP interests November 6, 2026
Class A Ordinary Shares associated with TPC RP 2021, LLC exchange 150,000 shares November 6, 2026
LP interests exchanged by TPC RP, LLC 10,000 LP interests November 6, 2026
Class A Ordinary Shares associated with TPC RP, LLC exchange 100,000 shares November 6, 2026
Class A Ordinary Shares acquired in Equity Performance Award settlement 7,122 shares November 4, 2026; held by TPC RP EPA1 LLC
RPI US LP interests held through TPC ICAI, LLC 43,350 LP interests Holding reported November 4, 2026
Class A Ordinary Shares exchangeable for TPC ICAI, LLC LP interests 433,500 shares Holding reported November 4, 2026
Equity Performance Awards financial
"settlement of Equity Performance Awards"
RPI US LP Interest financial
"Each limited partnership interest in RPI US Partners 2019, LP ("RPI US LP")"
Class B Interests financial
"exchanged for ten Class B Interests"
Amended and Restated Exchange Agreement regulatory
"pursuant to the terms of the Amended and Restated Exchange Agreement"
Rule 16b-3 regulatory
"pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RPRX Class A shares were involved in Terrance P. Coyne's reported conversions?

On November 6, 2026, TPC RP 2021, LLC exchanged 15,000 LP interests for 150,000 Class A Ordinary Shares, and TPC RP, LLC exchanged 10,000 LP interests for 100,000 Class A Ordinary Shares.

What were the terms of RPRX's reported LP-interest exchange?

Each RPI US LP interest is exchangeable for ten Class B Interests, and each Class B Interest is exchangeable for one Class A Ordinary Share. The exchange was made under the Amended and Restated Exchange Agreement and involved no additional value.

How many Class A shares did RPRX's EVP & CFO acquire through the equity-award settlement?

On November 4, 2026, TPC RP EPA1 LLC acquired 7,122 Class A Ordinary Shares in connection with the settlement of Equity Performance Awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Coyne Terrance P.

(Last)(First)(Middle)
C/O ROYALTY PHARMA PLC
110 EAST 59TH STREET

(Street)
NEW YORK NEW YORK 10022

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Royalty Pharma plc [ RPRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares11/04/2026A7,122(1)A$07,122ITPC RP EPA1 LLC
Class A Ordinary Shares11/06/2026C(2)150,000A$0150,000IBy TPC RP 2021, LLC
Class A Ordinary Shares11/06/2026C(2)100,000A$0100,000ITPC RP, LLC
Class A Ordinary Shares24,170IBy Spouse's IRA
Class A Ordinary Shares23,270IBy IRA
Class A Ordinary Shares1,500D
Class A Ordinary Shares1,450IBy Spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
LP interests in RPI US Partners 2019, LP$011/06/2026C(2)15,000 (3) (3)Class A Ordinary Shares150,000$0102,526IBy TPC RP 2021, LLC
LP interests in RPI US Partners 2019, LP$011/06/2026C(2)10,000 (3) (3)Class A Ordinary Shares100,000$0473,942IBy TPC RP, LLC
LP interests in RPI US Partners 2019, LP$0 (3) (3)Class A Ordinary Shares433,50043,350IBy TPC ICAI, LLC
Explanation of Responses:
1. Reflects the exempt acquisition by the Reporting Person pursuant to Rule 16b-3 of Class A Ordinary Shares of the Issuer in connection with the settlement of Equity Performance Awards.
2. These Class A Ordinary Shares will be received by the Reporting Person in exchange for limited partnership interests in RPI US Partners 2019, LP ("RPI US LP"). Each limited partnership interest in RPI US LP ("RPI US LP Interest") will be exchanged for ten Class B Interests in Royalty Pharma Holdings Limited ("RPH"). Each Class B Interest in RPH so distributed will be exchanged for one Class A Ordinary Share of the Issuer. This exchange will be made pursuant to the terms of the Amended and Restated Exchange Agreement. No additional value will be paid by the Reporting Person in connection with the exchange.
3. Represents RPI US LP Interests. Each RPI US LP Interest can be exchanged for ten Class B Interests in RPH at any time and for no additional value, which exchange right does not expire until so converted. Upon such exchange, each Class B Interest in RPH issued in exchange for a RPI US LP Interest will be exchanged for one Class A Ordinary Share of the Issuer for no additional value.
Remarks:
In addition to the Class A Ordinary Shares and RPI US LP Interests disclosed above, the Reporting Person holds Class E Ordinary Shares of RPH exchangeable into 1,788,777 Class A Ordinary Shares. Class E Ordinary Shares of RPH are subject to vesting conditions.
/s/ Sean Weisberg, as Attorney-in-Fact for Terrance P. Coyne11/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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