Teva (NYSE: TEVA) EVP sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teva Pharmaceutical Industries EVP U.S. Commercial Christine Fox reported RSU vesting, a new RSU grant, and a related share sale. On March 4, 2026 she acquired 20,461 ordinary shares through the exercise of restricted share units and received a grant of 50,643 restricted share units. She then sold 9,098 ordinary shares at a weighted average price of $32.4645 pursuant to a Rule 10b5-1 trading plan, with the sale representing shares required to cover tax withholding from the RSU vesting, leaving her with 75,010 ordinary shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,098 shares ($295,362)
Net Sell
4 txns
Insider
Fox Christine
Role
EVP, U.S. Commercial
Sold
9,098 shs ($295K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 20,461 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 50,643 | $0.00 | -- |
| Exercise | Ordinary Shares | 20,461 | $0.00 | -- |
| Sale | Ordinary Shares | 9,098 | $32.4645 | $295K |
Holdings After Transaction:
Restricted Share Units — 40,923 shares (Direct);
Ordinary Shares — 84,108 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 August 11, 2025. 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 $32.095 to $33.30, 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 4, 2024, with 20,461 vested on each of March 4, 2025 and March 4, 2026, 20,461 vesting on March 4, 2027, and 20,462 vesting on March 4, 2028. Restricted share units were granted on March 4, 2026, with 12,660 vesting on each of March 4, 2027, March 4, 2028 and March 4, 2029, and 12,663 vesting on March 4, 2030.
FAQ
What did TEVA executive Christine Fox report in this Form 4 filing?
Christine Fox, EVP U.S. Commercial at Teva, reported RSU vesting, a new restricted share unit grant, and a related share sale. The filing details derivative exercises, an award of 50,643 RSUs, and an open-market sale of 9,098 ordinary shares tied to tax withholding.