Teva (NYSE: TEVA) CFO sells 106,563 ordinary shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teva Pharmaceutical Industries EVP and CFO Eliyahu Sharon Kalif sold 106,563 Ordinary Shares in an open-market transaction on June 11, 2026 at a weighted average price of $34.0954 per share. After the sale, he directly holds 65,621 Ordinary Shares.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025, indicating it was scheduled in advance. The filing notes that the price reflects a weighted average from multiple trades between $33.985 and $34.25 per share. Each Ordinary Share may also be represented by one American Depositary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 106,563 shares ($3,633,308)
Net Sell
1 txn
Insider
Kalif Eliyahu Sharon
Role
EVP, Chief Financial Officer
Sold
106,563 shs ($3.63M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 106,563 | $34.0954 | $3.63M |
Holdings After Transaction:
Ordinary Shares — 65,621 shares (Direct, null)
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents 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 26, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.985 to $34.25, 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: 106,563 shares
Weighted average sale price: $34.0954 per share
Remaining direct holdings: 65,621 shares
+3 more
6 metrics
Shares sold
106,563 shares
Open-market sale on June 11, 2026
Weighted average sale price
$34.0954 per share
Ordinary Shares sold on June 11, 2026
Remaining direct holdings
65,621 shares
Ordinary Shares held after transaction
Price range of sales
$33.985 to $34.25
Multiple transactions underlying weighted average
Trading plan adoption date
November 26, 2025
Rule 10b5-1 trading plan for the sale
ADS to Ordinary Share ratio
1 ADS : 1 Ordinary Share
Representation of Ordinary Shares by ADSs
Key Terms
Rule 10b5-1 trading plan, American Depositary Shares, weighted average price, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.