TBPH insider filing amended: director sales and 14,000-option exercise
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Theravance Biopharma (TBPH) filed a Form 4/A amending an insider transaction by a director under a Rule 10b5-1 plan adopted March 14, 2024. On 11/11/2025, the director sold 15,500 shares at $18.50 and 15,500 shares at $17. The filing also shows the exercise of 14,000 options at $10.15 and a same‑day sale of those 14,000 shares at $18.50. Following these transactions, beneficial ownership was 60,204 shares. The amendment corrects an earlier administrative error that had overstated one sale as 29,500 shares at $18.50.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 45,000 shares ($809,250)
Net Sell
4 txns
Insider
BROSHY ERAN
Role
Director
Sold
45,000 shs ($809K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (Right to Buy) | 14,000 | $10.15 | $142K |
| Sale | Ordinary Shares | 15,500 | $18.50 | $287K |
| Sale | Ordinary Shares | 15,500 | $17.00 | $264K |
| Sale | Ordinary Shares | 14,000 | $18.50 | $259K |
Holdings After Transaction:
Share Option (Right to Buy) — 107,878 shares (Direct);
Ordinary Shares — 75,704 shares (Direct)
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan adopted on March 14, 2024. The reporting person exercised stock options to acquire 14,000 Ordinary Shares and sold all such shares on the same day in a broker-assisted transaction. No shares were withheld for taxes. The transactions reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan adopted on March 14, 2024. This option was fully vested and exercisable (having vested as to 1/12th of the shares subject to the option upon completion of each continuous month of service following the original grant date and any remaining unvested shares vesting on the date of the next annual meeting of the company's shareholders provided continuous service through such date).
FAQ
What did Theravance Biopharma (TBPH) report in this Form 4/A?
An amended insider transaction by a director, correcting a previously overstated sale and detailing sales executed on 11/11/2025 under a Rule 10b5-1 plan.
Were stock options involved in the TBPH insider transactions?
Yes. The director exercised 14,000 options at $10.15 and sold all 14,000 resulting shares at $18.50 the same day.
What is the corrected detail in the amendment?
A previously reported sale of 29,500 shares at $18.50 was corrected to 15,500 shares at $18.50.
What are the director’s TBPH holdings after these transactions?
Beneficial ownership was 60,204 shares following the reported transactions.
Was the trading under a preset plan?
Yes. Transactions were effected under a Rule 10b5-1 trading plan adopted on March 14, 2024.