[Form 4] TEVA PHARMACEUTICAL INDUSTRIES LTD Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teva Pharmaceutical Industries interim chief legal officer Brian Savage reported equity compensation activity involving restricted share units and ordinary shares. On March 5, 2026, 3,580 restricted share units were converted into 3,580 ordinary shares at a stated price of $0.00 per share, reflecting a vesting event rather than a market purchase. On the same date, he sold 1,127 ordinary shares at a weighted average price of $31.6684 per share, with the shares sold in multiple trades between $31.26 and $32.34. According to the disclosure, these shares were required to be sold to cover tax withholding obligations arising from the vesting of the restricted share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,127 shares ($35,690)
Net Sell
3 txns
Insider
Savage Brian
Role
Interim Chief Legal Officer
Sold
1,127 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,580 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,580 | $0.00 | -- |
| Sale | Ordinary Shares | 1,127 | $31.6684 | $36K |
Holdings After Transaction:
Restricted Share Units — 10,740 shares (Direct);
Ordinary Shares — 12,041 shares (Direct)
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the restricted share units listed in Table II. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.26 to $32.34, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price. Restricted share units were granted on March 5, 2025, with 3,580 vested on March 5, 2026, and 3,580 vesting on each of March 5, 2027, March 7, 2028 and March 5, 2029.
FAQ
What insider transactions did TEVA interim CLO Brian Savage report?
Brian Savage reported RSU vesting and a related share sale. 3,580 restricted share units converted into ordinary shares, and 1,127 ordinary shares were sold in multiple trades to satisfy tax withholding obligations from the vesting event.
Over what schedule do Brian Savage’s Teva (TEVA) RSUs vest?
Restricted share units were granted on March 5, 2025. According to the vesting schedule, 3,580 units vested on March 5, 2026, with an additional 3,580 scheduled to vest on each of March 5, 2027, March 7, 2028, and March 5, 2029.