Royalty Pharma (RPRX) EVP gets 8,252 shares, gifts LP interests
Rhea-AI Filing Summary
Royalty Pharma plc executive Urist Marshall reported two insider equity movements. He received 8,252 Class A Ordinary Shares as an exempt award tied to Equity Performance Awards and indirectly made a bona fide gift of 3,000 limited partnership interests exchangeable into 30,000 Class A shares. He also holds Class A shares indirectly through an IRA and Class E Ordinary Shares that are exchangeable into 1,356,528 Class A shares, subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,252 shares
Net Buy
3 txns
Insider
Urist Marshall
Role
EVP, Research & Investments
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | LP interests in RPI US Partners 2019, LP F2, F3 | 3,000 | $0.00 | $0.00 |
| Grant/Award | Class A Ordinary Shares F1 | 8,252 | $0.00 | $0.00 |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
LP interests in RPI US Partners 2019, LP — 244,412 shares (Indirect, By Sandy Lamm LLC);
Class A Ordinary Shares — 8,252 shares (Direct);
Class A Ordinary Shares — 19,020 shares (Indirect, By IRA)
Footnotes (3)
- 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.
- F2. No limited partnership interests in RPI US Partners 2019, LP ("RPI US LP") are being exchanged by the Reporting Person. Each limited partnership interest in RPI US LP ("RPI US LP Interest") may be exchanged for ten Class B Interests in Royalty Pharma Holdings Limited ("Holdings"). Each Class B Interest in Holdings so distributed will be exchanged for one Class A Ordinary Share of the Issuer. Any exchanges will be made pursuant to the terms of the Exchange Agreement dated June 16, 2020, among the Issuer, Holdings, RPI US LP, RPI International Holdings 2019, LP, RPI International Partners 2019, LP and RPI EPA Holdings, LP (the "Exchange Agreement"). No additional value will be paid by the Reporting Person in connection with an exchange.
- F3. Represents RPI US LP Interests. Each RPI US LP Interest can be exchanged for ten Class B Interests in Holdings 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 Holdings 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.
Key Figures
Class A shares acquired: 8,252 shares
LP interests gifted: 3,000 interests
Underlying Class A shares from gifted LP interests: 30,000 shares
+3 more
6 metrics
Class A shares acquired
8,252 shares
Exempt acquisition on August 5, 2026 in connection with settlement of Equity Performance Awards
LP interests gifted
3,000 interests
Bona fide gift of RPI US Partners 2019, LP interests on August 7, 2026, held indirectly via Sandy Lamm LLC
Underlying Class A shares from gifted LP interests
30,000 shares
Class A Ordinary Shares underlying 3,000 RPI US LP interests, each exchangeable into ten Class B Interests then one Class A share
RPI US LP interests after gift
244,412 interests
Limited partnership interests in RPI US Partners 2019, LP indirectly held after the reported gift
Indirect Class A shares via IRA
19,020 shares
Class A Ordinary Shares indirectly owned through an IRA as of August 5, 2026
Potential Class A shares from Class E Ordinary Shares
1,356,528 shares
Class A Ordinary Shares exchangeable from Class E Ordinary Shares of Holdings, subject to vesting conditions
Key Terms
Equity Performance Awards, bona fide gift, Rule 16b-3, Class E Ordinary Shares, +1 more
5 terms
Equity Performance Awards financial
"Reflects the exempt acquisition ... in connection with the settlement of Equity Performance Awards."
bona fide gift financial
"Transaction code G is described as a bona fide gift of derivative securities."
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.
Rule 16b-3 regulatory
"Reflects the exempt acquisition by the Reporting Person 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.
Exchange Agreement financial
"Any exchanges will be made pursuant to the terms of the Exchange Agreement dated June 16, 2020."
A written deal in which two parties agree to swap assets, securities or obligations under set terms—think of it as a formal swap or trade contract. For investors it matters because such agreements can change who owns what, alter a company’s capital structure, affect future cash flows or dilute existing shares, and therefore influence value and risk in a straightforward, contract-driven way.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What gift transaction involving Royalty Pharma (RPRX) securities did Urist Marshall disclose?
He reported a bona fide gift of 3,000 limited partnership interests in RPI US Partners 2019, LP on August 7, 2026. Each interest is exchangeable into ten Class B Interests and then into one Class A Ordinary Share, representing 30,000 potential shares.
How many RPI US Partners 2019, LP interests does Urist Marshall hold after the gift reported for RPRX?
After the gift, he indirectly holds 244,412 limited partnership interests in RPI US Partners 2019, LP through Sandy Lamm LLC. Each interest is exchangeable into Class B Interests in Holdings and ultimately Class A Ordinary Shares at no additional value.
What indirect Class A holdings through an IRA are associated with Urist Marshall in Royalty Pharma (RPRX)?
He reports indirect ownership of 19,020 Royalty Pharma Class A Ordinary Shares held "By IRA" as of August 5, 2026. These are separate from his directly held shares and from partnership and other exchangeable interests.