CFO-linked entities of Royalty Pharma (RPRX) sell Class A shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Royalty Pharma plc EVP & CFO Terrance P. Coyne reported indirect sales of Class A Ordinary Shares through entities associated with him. Between February 2 and 4, 2026, TPC RP 2021, LLC and TPC RP EPA1 LLC sold multiple share blocks at weighted average prices around $42–$43 per share, with detailed price ranges disclosed in footnotes. All sales were made under a Rule 10b5-1 trading plan adopted on August 8, 2025. The filing also lists remaining indirect holdings in family vehicles and IRAs, direct holdings, and additional partnership and Class E interests exchangeable into Class A Ordinary Shares, with certain Class E shares subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 243,541 shares ($10,360,814)
Net Sell
10 txns
Insider
Coyne Terrance P.
Role
EVP & CFO
Sold
243,541 shs ($10.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 19,076 | $43.2928 | $826K |
| Sale | Class A Ordinary Shares | 1,087 | $43.2928 | $47K |
| Sale | Class A Ordinary Shares | 108,759 | $42.8432 | $4.66M |
| Sale | Class A Ordinary Shares | 6,195 | $42.8431 | $265K |
| Sale | Class A Ordinary Shares | 102,581 | $42.0839 | $4.32M |
| Sale | Class A Ordinary Shares | 5,843 | $42.0839 | $246K |
| 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 — 164,580 shares (Indirect, By TPC RP 2021, LLC);
Class A Ordinary Shares — 1,500 shares (Direct)
Footnotes (1)
- All reported transactions were effected pursuant to a 10b5-1 plan adopted by the Reporting Person on August 8, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.45 to $42.37 per share. The holder 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.35 to $43.03 per share. The holder 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.11 to $43.51 per share. The holder 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.
FAQ
Was the Royalty Pharma (RPRX) insider trading activity under a 10b5-1 plan?
Yes. The filing states all reported transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on August 8, 2025. Such plans pre-schedule trades, providing a structured framework for selling shares over time.
What Royalty Pharma (RPRX) holdings remain after these reported transactions?
After the sales, the Form 4 lists remaining indirect holdings through TPC RP 2021, LLC, TPC RP EPA1 LLC, a spouse’s IRA, an IRA, and spouse-held shares, plus direct shares. It also discloses partnership and Class E interests exchangeable into additional Class A Ordinary Shares, some subject to vesting.