Teva (NYSE: TEVA) officer sells 14,150 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEVA PHARMACEUTICAL INDUSTRIES LTD officer Jover Placid reported restricted share units vesting and related share sales. On March 5, 2026, 14,150 restricted share units were exercised into 14,150 ordinary shares at $0.0000 per share.
The same day, he sold 14,150 ordinary shares at a weighted average price of $31.6684 per share in open-market transactions under a Rule 10b5-1 trading plan adopted on November 10, 2025. The sale included shares to cover tax withholding on vesting. Following these transactions, he directly holds 6,774 ordinary shares and 42,453 restricted share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,150 shares ($448,108)
Net Sell
3 txns
Insider
Jover Placid
Role
See "Remarks"
Sold
14,150 shs ($448K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 14,150 | $0.00 | -- |
| Exercise | Ordinary Shares | 14,150 | $0.00 | -- |
| Sale | Ordinary Shares | 14,150 | $31.6684 | $448K |
Holdings After Transaction:
Restricted Share Units — 42,453 shares (Direct);
Ordinary Shares — 20,924 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. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025. Represents with respect to the vesting of restricted share units, the reporting person sold all such shares vested, including shares to cover tax witholding obligations in connection with the vesting. 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 14,150 vesting on each of March 5, 2026, March 5, 2027 and March 5, 2028, and 14,153 vesting on March 5, 2029.
FAQ
What insider transactions did Jover Placid report for TEVA on March 5, 2026?
Jover Placid reported RSU vesting and a matching share sale. 14,150 restricted share units converted into 14,150 ordinary shares, and all 14,150 shares were then sold the same day in open-market transactions linked to the vesting event.