Teva (NYSE: TEVA) EVP sells 18,600 shares in planned trade
Rhea-AI Filing Summary
TEVA PHARMACEUTICAL INDUSTRIES LTD (TEVA) reported that executive Evan Lippman, EVP, Business Development, sold 18,600 Ordinary Shares on August 17, 2026. The shares, which may be represented by American Depositary Shares on a one-for-one basis, were sold at a weighted average price of $36.5748, with individual trades between $36.57 and $36.61. After this sale, Lippman directly holds 25,591 Ordinary Shares. The transaction was effected under a Rule 10b5-1 trading plan adopted on May 16, 2026, indicating it followed a pre-established trading schedule.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 18,600 shares
Net Sell
1 txn
Insider
Lippman Evan
Role
EVP, Business Development
Sold
18,600 shs ($680K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2, F3 | 18,600 | $36.5748 | $680K |
Holdings After Transaction:
Ordinary Shares — 25,591 shares (Direct)
Footnotes (3)
- F1. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- F2. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.57 to $36.61, 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.
Key Figures
Shares sold: 18,600 shares
Weighted average sale price: $36.5748 per share
Sale price range: $36.57–$36.61 per share
+2 more
5 metrics
Shares sold
18,600 shares
Ordinary Shares sold by Evan Lippman on August 17, 2026
Weighted average sale price
$36.5748 per share
Average price for the 18,600 Ordinary Shares sold
Sale price range
$36.57–$36.61 per share
Range of prices for multiple transactions comprising the sale
Shares held after transaction
25,591 shares
Direct Ordinary Share holdings of Evan Lippman following the sale
Rule 10b5-1 plan adoption date
May 16, 2026
Date Lippman adopted the trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, American Depositary Shares, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
FAQ
What insider transaction did TEVA executive Evan Lippman report on this Form 4 for TEVA?
Evan Lippman, EVP, Business Development at TEVA, sold 18,600 Ordinary Shares on August 17, 2026. The sale was reported as a direct ownership transaction and executed under a Rule 10b5-1 trading plan adopted on May 16, 2026.
Was the TEVA insider sale by Evan Lippman made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan. The plan was adopted on May 16, 2026, indicating the sale followed a pre-arranged schedule rather than being timed at the insider’s discretion.
AI-generated analysis. How Rhea-AI works. Not financial advice.