Theravance Biopharma officer sells 13,314 shares at ~$17
Rhea-AI Filing Summary
Theravance Biopharma, Inc. (TBPH) reported that officer Rhonda Farnum, Senior Vice President of Commercial and Medical Affairs, sold a total of 13,314 ordinary shares on September 15, 2026 in a series of open-market transactions at weighted average prices of about $17.03 per share, executed under a Rule 10b5-1 trading plan dated September 3, 2025. The trades were carried out in multiple lots within a price range from $17.02 to $17.06 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,314 shares
Net Sell
3 txns
Insider
Farnum Rhonda
Role
SVP, COMM & MEDICAL AFFAIRS
Sold
13,314 shs ($227K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 3,329 | $17.0341 | $57K |
| Sale | Ordinary Shares F1 | 3,328 | $17.0343 | $57K |
| Sale | Ordinary Shares F1 | 6,657 | $17.0342 | $113K |
Holdings After Transaction:
Ordinary Shares — 213,476 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices from $17.02 to $17.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Total shares sold: 13,314 shares
First sale tranche: 3,329 shares at $17.03 per share
Second sale tranche: 3,328 shares at $17.03 per share
+3 more
6 metrics
Total shares sold
13,314 shares
Aggregate ordinary shares sold on September 15, 2026 by the reporting officer
First sale tranche
3,329 shares at $17.03 per share
One of three reported sale lots on September 15, 2026
Second sale tranche
3,328 shares at $17.03 per share
One of three reported sale lots on September 15, 2026
Third sale tranche
6,657 shares at $17.03 per share
Largest of the three reported sale lots on September 15, 2026
Price range of trades
$17.02–$17.06 per share
Range of prices at which multiple trades were executed for the reported sales
Rule 10b5-1 plan date
September 3, 2025
Date of the trading plan under which the reported sales were executed
Key Terms
Rule 10b5-1 plan, weighted average sale price, open market or private transaction
3 terms
Rule 10b5-1 plan regulatory
"These transactions were executed in accordance with the reporting person's 10b5-1 plan dated 09/03/2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the insider involved in the latest Form 4 for TBPH?
The filing reports transactions by Rhonda Farnum, who serves as Senior Vice President, Commercial and Medical Affairs at Theravance Biopharma, Inc. The transactions involve sales of the company’s ordinary shares reported on September 15, 2026.
Were the TBPH insider sales made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states that the transactions were executed in accordance with the reporting person’s Rule 10b5-1 trading plan dated September 3, 2025, indicating the sales were pre-arranged under that plan.
What types of securities were sold in the TBPH Form 4 filing?
The Form 4 reports sales of ordinary shares of Theravance Biopharma, Inc. All three transactions on September 15, 2026 relate to this same class of security.
AI-generated analysis. How Rhea-AI works. Not financial advice.