Theravance Biopharma CEO's Stock Gift Signals Continued Confidence in Company
Rhea-AI Filing Summary
Rick E. Winningham, CEO and Director of Theravance Biopharma, reported a significant insider transaction on June 23, 2025. The executive made a bona fide gift of 20,000 ordinary shares with no compensation received.
Following the transaction, Winningham's holdings include:
- 1,733,180 shares held directly
- 13,500 shares held as custodian
- 92,567 shares held in trust
The Form 4 filing indicates Winningham maintains substantial ownership in the company despite the gifted shares. The transaction was executed under regular conditions and was not part of a Rule 10b5-1 trading plan. The filing was completed through his attorney-in-fact, Brett A. Grimaud, on June 25, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
3 txns
Insider
Winningham Rick E
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 20,000 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,733,180 shares (Direct);
Ordinary Shares — 13,500 shares (Indirect, As Custodian);
Ordinary Shares — 92,567 shares (Indirect, By Trust)
Footnotes (1)
- F1. Bona Fide Gift. No compensation was given to the donor for the gifting of shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What positions does Rick Winningham hold at TBPH?
According to the Form 4, Rick Winningham serves as both Director and Chief Executive Officer (CEO) of Theravance Biopharma, Inc.