TBPH director reports sales; holds 46,204 shares after trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Theravance Biopharma (TBPH) director reported insider transactions on Form 4. On 11/11/2025, the reporting person sold 29,500 Ordinary Shares at $18.5, 15,500 shares at $17, and sold 14,000 shares at $18.5 after exercising options at $10.15. These trades were made under a Rule 10b5-1 trading plan adopted on March 14, 2024.
Following the transactions, the reporting person beneficially owned 46,204 Ordinary Shares directly and held 107,878 derivative securities. The 14,000-share option was fully vested and exercisable per its original vesting terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 59,000 shares ($1,068,250)
Net Sell
4 txns
Insider
BROSHY ERAN
Role
Director
Sold
59,000 shs ($1.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (Right to Buy) | 14,000 | $10.15 | $142K |
| Sale | Ordinary Shares | 29,500 | $18.50 | $546K |
| 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 — 61,704 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 insider activity did TBPH disclose on this Form 4?
A director reported selling 29,500 shares at $18.5, 15,500 shares at $17, and 14,000 shares at $18.5 after exercising options at $10.15.
Were the TBPH trades under a Rule 10b5-1 plan?
Yes. The transactions were effected under a Rule 10b5-1 trading plan adopted on March 14, 2024.
What options did the TBPH director exercise?
They exercised options for 14,000 shares at an exercise price of $10.15 and sold those shares the same day.
How many derivative securities remain after the TBPH transactions?
The reporting person held 107,878 derivative securities following the transactions.