Royalty Pharma (RPRX) EVP gains 26,626 Class A shares via award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Royalty Pharma plc EVP & Vice Chairman Christopher Hite reported an indirect acquisition of 26,626 Class A Ordinary Shares on February 11, 2026. The shares were granted at $0 per share in an exempt equity award settlement under Rule 16b-3.
After this transaction, 685,136 Class A Ordinary Shares are held indirectly through SCH Investment Partners LLC, and 70,000 Class A Ordinary Shares are held directly. In addition, family vehicles hold interests exchangeable into 866,410 Class A shares and Class E shares exchangeable into 1,238,789 Class A shares, with the Class E shares subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hite Christopher
Role
EVP & Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 26,626 | $0.00 | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 685,136 shares (Indirect, By SCH Investment Partners LLC);
Class A Ordinary Shares — 70,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Royalty Pharma (RPRX) report for Christopher Hite?
Christopher Hite reported an indirect acquisition of 26,626 Class A Ordinary Shares of Royalty Pharma on February 11, 2026. The shares were granted at $0 per share in connection with the settlement of Equity Performance Awards under Rule 16b-3.
Was the Royalty Pharma (RPRX) insider acquisition an open-market purchase?
No, the 26,626 Class A Ordinary Shares were acquired at $0 per share as an exempt grant under Rule 16b-3. They arose from the settlement of Equity Performance Awards, rather than from an open-market buy or discretionary cash purchase.
What additional exchangeable interests tied to Royalty Pharma (RPRX) does Christopher Hite report?
Family vehicles associated with Hite hold limited partnership interests in RPI US Partners 2019, LP exchangeable into 866,410 Class A shares. They also hold Class E Ordinary Shares of Royalty Pharma Holdings Ltd exchangeable into 1,238,789 Class A shares, subject to vesting conditions.
What does Rule 16b-3 treatment mean for this Royalty Pharma (RPRX) award?
The filing notes the acquisition is exempt under Rule 16b-3, meaning it arises from a board-approved compensation arrangement. The 26,626 Class A shares were issued through settlement of Equity Performance Awards, not through trading on the open market.