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TEVA (TEVJF) Form 144 Files Sale of 95,000 ADS via Piper Sandler

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for TEVA PHARMACEUTICAL INDUSTRIES LTD (TEVJF): The filer notifies a proposed sale of 95,000 American Depositary Shares through Piper Sandler & Co. (Greenwich, CT) with an approximate aggregate market value of $1,889,550.00. The securities outstanding figure listed is 1,147,150,917. The proposed approximate sale date is 09/12/2025. The shares were acquired on 05/09/2018 and the date of payment is recorded as 05/09/2018. The filing reports "Nothing to Report" for securities sold in the past three months and includes the required representation that the seller does not possess undisclosed material adverse information about the issuer.

Positive

  • Complete Rule 144 disclosure with broker, quantity, aggregate value, acquisition date, and planned sale date
  • No securities sold in the past three months, as explicitly reported
  • Seller's representation included that no undisclosed material adverse information is known

Negative

  • None.

Insights

TL;DR: Routine Rule 144 sale notice disclosing 95,000 ADS to be sold via Piper Sandler; limited near-term market impact expected from this size.

The filing supplies standard Rule 144 disclosure: class, broker, quantity, aggregate value, outstanding shares, acquisition date, and planned sale date. The quantity (95,000 ADS) and aggregate value (~$1.89M) are explicit and represent a small fraction of the reported outstanding ADS, implying limited direct dilution or market pressure from this single filing alone. No recent sales in the prior three months are reported. This is a compliance-focused disclosure rather than an operational or financial development.

TL;DR: Filing appears procedurally complete; includes seller representation about absence of undisclosed material adverse information.

The notice includes required statements regarding acquisition details and seller certification about material information, and names a broker-dealer executing the sale. Acquisition and payment dates are provided, and remarks emphasize criminal penalties for misstatements. There are no indications of plan adoption dates or contingent payment terms disclosed. From a compliance perspective, the document meets typical Rule 144 reporting requirements but contains no new operational or risk disclosures about the issuer.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the TEVJF Form 144 disclose about the proposed sale?

It discloses a proposed sale of 95,000 American Depositary Shares via Piper Sandler & Co. with an aggregate market value of $1,889,550.00 and an approximate sale date of 09/12/2025.

When were the shares being sold originally acquired according to the filing?

The filing shows the shares were acquired on 05/09/2018 and payment date is recorded as 05/09/2018.

Does the filing report any securities sold in the past three months for this account?

No. The form explicitly states "Nothing to Report" for securities sold during the past three months.

Who is the broker named to execute the sale in the Form 144?

The broker listed is Piper Sandler & Co., 1 Greenwich Plaza, Greenwich, CT.

What representation does the seller make in the remarks section?

The seller represents by signing that they do not know any material adverse information about the issuer that has not been publicly disclosed.