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13,314 restricted shares listed for sale by TBPH (NASDAQ: TBPH) — Rule 144 notice

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TBPH files a Rule 144 notice registering 13,314 shares of restricted common stock for sale. The filing lists 13,314 shares under "Securities To Be Sold" and records a prior disposition of 31,067 shares by Rhonda Farnum on 03/16/2026 for $433,637.11.

The broker listed is Morgan Stanley Smith Barney LLC and the exchange is shown as NASDAQ with a date field of 06/15/2026. Timing, method, and recipient of proceeds for the registered shares are not detailed in the excerpt.

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Insights

Rule 144 notice for 13,314 restricted shares; prior sale of 31,067 shares is recorded.

The filing lists 13,314 restricted shares under "Securities To Be Sold" and records a prior sale of 31,067 shares by Rhonda Farnum on 03/16/2026 for $433,637.11. This is a routine resale notice under Rule 144.

Key dependencies are transfer restrictions and any holding‑period or public‑information requirements. Subsequent filings or broker reports would show execution details and cash‑flow treatment.

Registered shares to be sold 13,314 shares listed under "Securities To Be Sold"
Previously sold shares 31,067 shares sold by Rhonda Farnum on 03/16/2026
Proceeds reported for prior sale $433,637.11 associated with Rhonda Farnum sale on 03/16/2026
Broker listed Morgan Stanley Smith Barney LLC broker of record in filing table
Table date / exchange 06/15/2026, NASDAQ date and exchange fields in the excerpt
Table numeric field 51,553,005 numeric entry in the securities table (as shown)
Restricted Stock financial
"Common | 08/20/2023 | Restricted Stock | ISSUER"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Rule 144 notice regulatory
"Form type: 144 (filing header context)"
A Rule 144 notice is a public filing that an insider or holder of restricted stock submits when they plan to sell shares that aren’t freely tradable yet; it lists how many shares they intend to sell and under what conditions. For investors, it matters because it signals potential insider selling and an upcoming increase in shares available to the market—similar to someone announcing a big garage sale, which can affect supply and price expectations.
Securities To Be Sold regulatory
"144: Securities To Be Sold (table heading)"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature