Teva director-linked fund sells 367,600 shares
A fund associated with TEVA director Roberto Mignone sold 367,600 shares at about $39, leaving the fund with none while he still holds 119,807 shares directly.
Rhea-AI Filing Summary
TEVA PHARMACEUTICAL INDUSTRIES LTD (TEVA) reported that director Roberto Mignone had an affiliated fund sell 367,600 Ordinary Shares on September 18, 2026 at a weighted average price of $39.0555 per share, in multiple trades between $38.68 and $39.38. The shares were held of record by Swiftcurrent Master Fund Ltd., for which Bridger Management, LLC serves as investment adviser and Mr. Mignone is the manager; he was deemed to beneficially own these shares under Rule 16a-1(a)(1), but disclaimed beneficial ownership except for his indirect pecuniary interest. After this sale, the fund held 0 shares, while a separate entry shows Mr. Mignone holding 119,807 Ordinary Shares directly as of September 19, 2026. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 367,600 shares
Net Sell
2 txns
Insider
MIGNONE ROBERTO
Role
Director
Sold
367,600 shs ($14.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| Sale | Ordinary Shares F1, F2 | 367,600 | $39.0555 | $14.36M |
Holdings After Transaction:
Ordinary Shares — 0 shares (Indirect, [see footnote]);
Ordinary Shares — 119,807 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.68 to $39.38, 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.
- F2. The 367,600 Ordinary Shares disclosed in Table I of this Form 4 were held of record by Swiftcurrent Master Fund Ltd. (the "Fund"). Bridger Management, LLC is the investment adviser to the Fund and Mr. Mignone is the manager of Bridger Management, LLC. By reason of the provisions of Rule 16a-1(a)(1) under the Securities Exchange Act of 1934, as amended, Mr. Mignone was deemed to beneficially own the Ordinary Shares held of record by the Fund. Mr. Mignone disclaimed beneficial ownership of the Ordinary Shares held of record by the Fund except to the extent of his indirect pecuniary interest therein and this report shall not be deemed an admission that Mr. Mignone was the beneficial owner of the Ordinary Shares held of record by the Fund for purposes of Section 16, or for any other purpose.
Key Figures
Shares sold: 367,600 shares
Weighted average sale price: $39.0555 per share
Sale price range: $38.68–$39.38 per share
+2 more
5 metrics
Shares sold
367,600 shares
Ordinary Shares sold on September 18, 2026 by affiliated fund
Weighted average sale price
$39.0555 per share
Price for 367,600 Ordinary Shares sold September 18, 2026
Sale price range
$38.68–$39.38 per share
Range of prices for multiple sale transactions on September 18, 2026
Fund holdings after sale
0 shares
Ordinary Shares held of record by Swiftcurrent Master Fund Ltd. after sale
Direct holdings after transactions
119,807 shares
Ordinary Shares held directly by Roberto Mignone as of September 19, 2026
Key Terms
weighted average price, beneficially own, indirect pecuniary interest, Rule 16a-1(a)(1), +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially own regulatory
"Mr. Mignone was deemed to beneficially own the Ordinary Shares held"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
indirect pecuniary interest financial
"except to the extent of his indirect pecuniary interest therein"
Rule 16a-1(a)(1) regulatory
"By reason of the provisions of Rule 16a-1(a)(1) under the"
disclaimed beneficial ownership regulatory
"Mr. Mignone disclaimed beneficial ownership of the Ordinary Shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TEVA report for director Roberto Mignone?
TEVA reported that a fund associated with director Roberto Mignone sold 367,600 Ordinary Shares on September 18, 2026 at a weighted average price of $39.0555 per share, through multiple trades between $38.68 and $39.38.
AI-generated analysis. How Rhea-AI works. Not financial advice.
