Royalty Pharma (NASDAQ: RPRX) exec sells 100K shares, donates stock
Rhea-AI Filing Summary
Royalty Pharma plc (RPRX) reported insider activity by Christopher Hite, EVP & Chairman, Partnering. An entity associated with him, SCH Investment Partners LLC, sold 100,000 Class A Ordinary Shares at a weighted average price of $59.9725 per share pursuant to a Rule 10b5-1 trading plan, leaving 370,401 indirectly held shares. Separately, Hite made a charitable gift of 16,800 Class A Ordinary Shares to Lehigh University, after which he directly held 23,200 shares. Family vehicles also hold exchangeable interests and Class E shares that are convertible into additional Class A Ordinary Shares, some of which are subject to vesting conditions.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 116,800 shares
Net Sell
2 txns
Insider
Hite Christopher
Role
EVP & Chairman, Partnering
Sold
100,000 shs ($6.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Ordinary Shares F3 | 16,800 | $0.00 | $0.00 |
| Sale | Class A Ordinary Shares F1, F2 | 100,000 | $59.9725 | $6.00M |
Holdings After Transaction:
Class A Ordinary Shares — 370,401 shares (Indirect, By SCH Investment Partners LLC);
Class A Ordinary Shares — 23,200 shares (Direct)
Footnotes (3)
- F1. All reported sales were effected pursuant to a 10b5-1 plan adopted by the Reporting Person on March 20, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.68 to $60.42 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The Reporting Person made a charitable gift of Class A Ordinary Shares to Lehigh University.
Key Figures
Shares sold by SCH Investment Partners LLC: 100,000 Class A Ordinary Shares
Weighted average sale price: $59.9725 per share
Indirect holdings after sale: 370,401 Class A Ordinary Shares
+4 more
7 metrics
Shares sold by SCH Investment Partners LLC
100,000 Class A Ordinary Shares
Non-derivative sale on 2026-08-18 associated with Christopher Hite
Weighted average sale price
$59.9725 per share
Multiple transactions between $59.68 and $60.42 per share on 2026-08-18
Indirect holdings after sale
370,401 Class A Ordinary Shares
Shares held indirectly by SCH Investment Partners LLC following the 2026-08-18 sale
Charitable gift shares
16,800 Class A Ordinary Shares
Bona fide gift to Lehigh University on 2026-08-19
Direct holdings after gift
23,200 Class A Ordinary Shares
Directly held by Christopher Hite after the 2026-08-19 charitable gift
LP interests exchangeable into Class A
866,410 Class A Ordinary Shares
Interests in RPI US Partners 2019, LP held by family vehicles controlled by Hite
Class E shares exchangeable into Class A
1,238,789 Class A Ordinary Shares
Class E Ordinary Shares of RPH held by family vehicles, subject to vesting conditions
Key Terms
Rule 10b5-1 plan, bona fide gift, weighted average price, Class E Ordinary Shares
4 terms
Rule 10b5-1 plan regulatory
"All reported sales were effected pursuant to a 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transactions did Christopher Hite report for Royalty Pharma plc (RPRX)?
Christopher Hite reported a sale of 100,000 Class A Ordinary Shares through SCH Investment Partners LLC and a charitable gift of 16,800 shares to Lehigh University, affecting his indirect and direct holdings in RPRX.
What are Christopher Hite’s reported indirect RPRX holdings after the sale?
After the sale, SCH Investment Partners LLC, associated with Christopher Hite, held 370,401 Class A Ordinary Shares of RPRX indirectly. These shares are distinguished from his directly held 23,200 shares reported after the charitable gift.
AI-generated analysis. How Rhea-AI works. Not financial advice.
