Theravance Biopharma (TBPH) SVP Rhonda Farnum sells 13,314 shares at ~$16
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Theravance Biopharma, Inc. senior vice president Rhonda Farnum reported selling ordinary shares in open-market transactions. On June 15, 2026, she sold a total of 13,314 ordinary shares of Theravance Biopharma in three separate trades.
The reported sale prices were around the mid‑$16 range per share, with individual weighted-average prices of $16.3856, $16.3838 and $16.3902. A footnote explains that these transactions were executed in multiple trades between $16.21 and $16.61 per share, and the prices disclosed reflect the weighted-average sale prices across those trades.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,314 shares ($218,167)
Net Sell
3 txns
Insider
Farnum Rhonda
Role
SVP, COMM & MEDICAL AFFAIRS
Sold
13,314 shs ($218K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 3,329 | $16.3902 | $55K |
| Sale | Ordinary Shares | 3,328 | $16.3838 | $55K |
| Sale | Ordinary Shares | 6,657 | $16.3856 | $109K |
Holdings After Transaction:
Ordinary Shares — 242,442 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 13,314 shares
Sale price tranche 1: $16.3856 per share
Sale price tranche 2: $16.3838 per share
+2 more
5 metrics
Total shares sold
13,314 shares
Open-market sales on June 15, 2026
Sale price tranche 1
$16.3856 per share
Weighted-average price for 6,657-share sale
Sale price tranche 2
$16.3838 per share
Weighted-average price for 3,328-share sale
Sale price tranche 3
$16.3902 per share
Weighted-average price for 3,329-share sale
Footnote price range
$16.21–$16.61 per share
Range of execution prices for reported sales
Key Terms
open-market sale, Ordinary Shares, weighted average sale price, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale" for each ordinary share transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Form 4 regulatory
"INSIDER FILING DATA (Form 4): structured insider transaction details"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Theravance Biopharma (TBPH) report for Rhonda Farnum?
Theravance Biopharma reported that SVP Rhonda Farnum sold 13,314 ordinary shares in open-market transactions. The trades occurred on June 15, 2026, and were disclosed on Form 4 as routine insider sales of existing holdings.
What type of transaction did the Theravance Biopharma (TBPH) Form 4 disclose?
The Form 4 discloses open-market sales of ordinary shares by SVP Rhonda Farnum. All three transactions are coded “S,” indicating sales in the open market or private transactions, and involve non-derivative common equity of Theravance Biopharma.
Did Rhonda Farnum use derivatives in her Theravance Biopharma (TBPH) transaction?
No, the reported transactions involve only non-derivative ordinary shares of Theravance Biopharma. The filing’s derivative section shows no option or warrant exercises, indicating these were straightforward sales of existing share holdings rather than conversions of derivative securities.