Teva (NYSE: TEVA) director exercises 14,492 RSUs, holds direct and fund shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teva Pharmaceutical Industries director Roberto Mignone reported exercising restricted share units into 14,492 Ordinary Shares on June 5, 2026, at a stated price of $0.00 per share. Following this, he directly holds 119,807 Ordinary Shares.
A separate 367,600 Ordinary Shares are held of record by Swiftcurrent Master Fund Ltd., advised by Bridger Management, LLC, which Mignone manages. He may be deemed to beneficially own those shares but disclaims beneficial ownership except for his indirect pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,492 shares exercised/converted
Mixed
3 txns
Insider
MIGNONE ROBERTO
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 14,492 | $0.00 | -- |
| Exercise | Ordinary Shares | 14,492 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct, null);
Ordinary Shares — 119,807 shares (Direct, null);
Ordinary Shares — 367,600 shares (Indirect, [see footnote])
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 367,600 Ordinary Shares disclosed in Table I of this Form 4 are 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 may be deemed to beneficially own the Ordinary Shares held of record by the Fund. Mr. Mignone disclaims 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 is the beneficial owner of the Ordinary Shares held of record by the Fund for purposes of Section 16, or for any other purpose. Restricted share units were granted on June 5, 2025 and vested on June 5, 2026.
Key Figures
RSUs exercised: 14,492 shares
Exercise price: $0.00 per share
Direct holdings after transaction: 119,807 Ordinary Shares
+3 more
6 metrics
RSUs exercised
14,492 shares
Restricted share units settled into Ordinary Shares on June 5, 2026
Exercise price
$0.00 per share
Stated price for conversion of restricted share units
Direct holdings after transaction
119,807 Ordinary Shares
Shares directly owned by Roberto Mignone following the Form 4 transactions
Indirect fund holdings
367,600 Ordinary Shares
Shares held of record by Swiftcurrent Master Fund Ltd.
RSU grant date
June 5, 2025
Date restricted share units were granted
RSU vesting date
June 5, 2026
Date restricted share units vested and were settled
Key Terms
American Depositary Shares, Restricted share units, indirect pecuniary interest, Rule 16a-1(a)(1)
4 terms
indirect pecuniary interest financial
"Mr. Mignone disclaims beneficial ownership of the Ordinary Shares held of record by the Fund 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 Securities Exchange Act of 1934, as amended, Mr. Mignone may be deemed to beneficially own"
FAQ
What insider transaction did Teva (TEVA) report for Roberto Mignone on June 5, 2026?
Teva reported that director Roberto Mignone exercised restricted share units into 14,492 Ordinary Shares on June 5, 2026. The exercise was recorded at a price of $0.00 per share, reflecting vesting of prior equity awards rather than an open-market purchase.
What indirect Teva (TEVA) holdings are associated with Roberto Mignone through Swiftcurrent Master Fund Ltd.?
The filing shows 367,600 Teva Ordinary Shares held of record by Swiftcurrent Master Fund Ltd. Bridger Management, LLC advises the fund, and Mignone manages Bridger. He may be deemed to beneficially own those shares but disclaims beneficial ownership except for his indirect pecuniary interest.