Teva EVP McAvoy reports purchase of 1,113 TEVA shares on Form 4
Rhea-AI Filing Summary
David R. McAvoy, identified as an Executive Vice President and Chief Legal Officer of Teva Pharmaceutical Industries Ltd. (TEVA), reported an open-market purchase of 1,113 ordinary shares on 09/05/2025 at a price of $18.8572 per share. After the transaction McAvoy beneficially owns 13,027 ordinary shares. The filing notes that the ordinary shares may be represented by American Depositary Shares, each currently representing one ordinary share.
The Form 4 was signed on behalf of McAvoy by an attorney-in-fact and filed under Section 16 reporting requirements. The report contains no other derivative transactions or additional disclosures.
Positive
- Insider purchase reported: David R. McAvoy acquired 1,113 shares, which may indicate insider confidence.
- Proper disclosure: Transaction reported on Form 4 with attorney-in-fact signature and ADS representation note.
Negative
- None.
Insights
TL;DR: An insider purchased 1,113 shares at $18.8572, modestly increasing beneficial ownership to 13,027 shares.
The transaction is a straightforward open-market purchase reported on Form 4. The size of the purchase is small relative to a public company’s outstanding shares, so it is unlikely to be material to Teva’s valuation by itself. However, insider buying can signal personal conviction. The filing is complete for the non-derivative trade and includes the customary note about ADS representation.
TL;DR: Officer and director-level insider executed a routine purchase; filing properly reported by attorney-in-fact.
From a governance standpoint, the form discloses the reporter’s role (EVP, Chief Legal Officer) and the post-transaction ownership level, meeting Section 16 disclosure norms. The signature by an attorney-in-fact is acceptable and commonly used. There are no indications of related-party transactions or derivative activity in this filing.