STOCK TITAN

Teva holder plans $14.4M sale of 367,600 shares

TEVA PHARMACEUTICAL INDUSTRIES LTD (TEVA) is the issuer of ordinary shares for which Bridger Management, LLC, on behalf of Swiftcurrent Master Fund, Ltd., has filed a notice of proposed sale under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TEVA PHARMACEUTICAL INDUSTRIES LTD (TEVA) is the issuer of ordinary shares for which Bridger Management, LLC, on behalf of Swiftcurrent Master Fund, Ltd., has filed a notice of proposed sale under Rule 144. The notice covers 367,600 ordinary shares of TEVA to be sold through Apex Clearing Corporation on the NYSE.

The filing states an aggregate market value for the securities to be sold of $14,406,244.00 and an approximate 1,166,292,643 TEVA ordinary shares outstanding. The shares proposed to be sold were originally acquired through open market purchases on May 9, 2018. Roberto Mignone of Bridger is identified as a member of TEVA’s board of directors.

Positive

  • None.

Negative

  • None.
TEVA ordinary shares to be sold 367,600 shares Shares of TEVA covered by the Rule 144 notice
Aggregate market value of securities to be sold $14,406,244.00 Value of the 367,600 TEVA ordinary shares in the notice
Approximate TEVA ordinary shares outstanding 1,166,292,643 shares Approximate ordinary shares outstanding referenced in the notice
Date shares originally acquired May 9, 2018 Acquisition date of the TEVA shares proposed to be sold
Date of Rule 144 notice September 18, 2026 Date on which the Form 144 notice is dated
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Ordinary Shares financial
"The Ordinary Shares reported herein to be sold were originally acquired"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
open market purchases financial
"were originally acquired through open market purchases on May 9, 2018."
Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.
investment manager financial
"Bridger serves as the investment manager of Swiftcurrent Master Fund, Ltd."
board of directors financial
"is a member of the board of directors of the Issuer."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for TEVA shareholders?

The notice reports that an investment manager intends to sell 367,600 ordinary shares of TEVA under Rule 144. It is a disclosure of a planned resale by an existing holder, not an issuance of new shares by TEVA.

How many TEVA (TEVA) shares are covered by this Rule 144 notice?

The notice covers 367,600 TEVA ordinary shares. These shares are held for the account of Swiftcurrent Master Fund, Ltd., for which Bridger Management, LLC serves as investment manager, and are proposed to be sold through Apex Clearing Corporation on the NYSE.

What is the aggregate market value of the TEVA shares to be sold?

The Form 144 states an aggregate market value of $14,406,244.00 for the 367,600 TEVA ordinary shares covered by the notice. This figure reflects the value used for the Rule 144 disclosure at the time of the filing.

How many TEVA shares were outstanding according to this filing?

The filing reports an approximate 1,166,292,643 TEVA ordinary shares outstanding. This figure provides context for the size of the 367,600-share proposed sale relative to TEVA’s total ordinary shares.

When and how were the TEVA shares originally acquired?

The filing states that the TEVA ordinary shares proposed to be sold were originally acquired through open market purchases on May 9, 2018. This acquisition date and method are disclosed in the remarks section of the notice.

Who is the person associated with the selling holder in this TEVA filing?

The remarks explain that Bridger Management, LLC is the investment manager of Swiftcurrent Master Fund, Ltd., which holds the TEVA shares. They also note that Roberto Mignone, Bridger’s Founder and Managing Partner, is a member of TEVA’s board of directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Keep reading