Royalty Pharma EVP sells 100K shares at ~$60
Royalty Pharma plc (RPRX) reported insider activity by Christopher Hite, EVP & Chairman, Partnering.
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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.
Insights
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Insider Trade Summary 10b5-1
| 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 |
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
Key Terms
Rule 10b5-1 plan regulatory
bona fide gift financial
weighted average price financial
FAQ
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What insider transactions did Christopher Hite report for Royalty Pharma plc (RPRX)?
What are Christopher Hite’s reported indirect RPRX holdings after the sale?
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