Teva (TEVA) officer Mark Sabag sells 62,102 shares in open-market trade
Rhea-AI Filing Summary
Teva Pharmaceutical Industries officer Mark Sabag reported an open-market sale of 62,102 Ordinary Shares on March 17, 2026. The shares were sold at a weighted average price of $30.141 per share, in multiple trades between $30.115 and $30.215.
Following this transaction, Sabag directly owns 224,940 Ordinary Shares. The filing notes that each Ordinary Share may be represented by an American Depositary Share, with each ADS currently corresponding to one Ordinary Share.
Positive
- None.
Negative
- None.
Insights
Officer executes a routine open-market share sale, retaining a substantial remaining position.
The filing shows Teva officer Mark Sabag completed an open-market sale of 62,102 Ordinary Shares at a weighted average of $30.141 on March 17, 2026. Pricing was within a narrow band of $30.115 to $30.215, suggesting normal market execution.
After the sale, Sabag still holds 224,940 Ordinary Shares, indicating he retains a significant stake. There are no derivative positions listed and no reference to a Rule 10b5-1 trading plan in the provided footnotes, so this appears as a straightforward discretionary sale based on the available information.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 62,102 | $30.141 | $1.87M |
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.115 to $30.215, 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.