TVTX (NASDAQ: TVTX) Form 144 lists 6,785 performance shares; insider sales shown

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Rule 144 notice regarding proposed sales of Common stock tied to performance shares. The notice lists 6,785 performance shares dated 04/13/2026. It also records multiple recent dispositions by Elizabeth Reed, including 37,500 shares on 04/14/2026.

Insights

Compliance & Insider Transactions Analyst

Rule 144 filing lists proposed sale of performance shares and several recent dispositions by Elizabeth Reed.

The filing identifies 04/13/2026 performance shares of 6,785 shares intended for sale under Rule 144. It separately documents multiple sales by Elizabeth Reed during the prior three months, with sizes and gross proceeds recorded in the notice.

These entries are notice-stage disclosures required by Rule 144; timing, settlement details, and whether these sales were part of a single plan are not specified in the excerpt.

Key Figures

Performance shares to be sold: 6,785 shares Recent large disposition: 37,500 shares Example sale: 7,215 shares +1 more

4 metrics

Performance shares to be sold 6,785 shares Securities to Be Sold, dated 04/13/2026

Recent large disposition 37,500 shares Sale by Elizabeth Reed on 04/14/2026 for $1,540,125.00

Example sale 7,215 shares Sale by Elizabeth Reed on 04/14/2026 for $302,516.29

Example sale 10,000 shares Sale by Elizabeth Reed on 04/01/2026 for $300,000.00

Key Terms

Rule 144, Performance Shares, Form 144

3 terms

Rule 144 regulatory

"144: Securities To Be Sold"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Performance Shares financial

"Common | 04/13/2026 | Performance Shares"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Form 144 regulatory

"FORM TYPE: 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/15/2026 - 04:15 PM Learn about SEC filing dates

FAQ

What does TVTX's Form 144 disclose?

It discloses a proposed sale of 6,785 performance shares dated 04/13/2026. The filing also lists multiple recent dispositions by Elizabeth Reed with specific share counts and gross proceeds for each sale.

Who is the seller named in the TVTX Form 144?

The listed seller for recent transactions is Elizabeth Reed. The filing records her multiple sales on dates including 04/14/2026 and 04/01/2026 with share counts and gross proceeds shown.

How many shares are listed as securities to be sold in the notice?

The notice lists 6,785 performance shares dated 04/13/2026 as the securities to be sold under the Rule 144 disclosure. No price per-share for that proposed sale is given in the excerpt.

What recent sales by Elizabeth Reed are recorded in the filing?

The filing records several recent sales, including 37,500 shares for $1,540,125.00 on 04/14/2026, and other transactions with share counts and gross proceeds shown in the excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6785	283823.34	92241550	04/15/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/13/2026	Performance Shares	Issuer			6785	04/13/2026	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	04/14/2026	37500	1540125.00
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	04/14/2026	7215	302516.29
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	04/01/2026	10000	300000.00
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	03/16/2026	10000	280861.00
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	02/17/2026	10000	278317.00
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	02/04/2026	2994	96360.09
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	02/03/2026	7175	230463.88
ELIZABETH REED 3611 Valley Centre Drive Suite 300 San Diego CA 92130	Common	01/20/2026	10000	273420.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)