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Travere Therapeutics officer proposes $284K sale

Morgan Stanley Smith Barney LLC is listed as broker for the proposed transaction.

Accepted by SEC EDGAR Learn about SEC filing dates
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Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. (TVTX) officer Elizabeth Reed reported a proposed sale of 6,785 common shares, with an approximate sale date of April 15, 2026 and an aggregate market value of $283,823.34. Reed acquired the shares from the issuer as performance shares on April 13, 2026. The reported plan-adoption or instruction date, if relying on Rule 10b5-1, is June 16, 2025.

Proposed sale 6,785 common shares Approximate sale date April 15, 2026
Aggregate market value $283,823.34 Proposed sale
Shares outstanding 92,241,550 shares Common shares reported outstanding
Prior sale 37,500 shares Sale dated April 14, 2026
Prior sale 7,215 shares Sale dated April 14, 2026
Performance Shares financial
"Nature of Acquisition Transaction: 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.
Rule 10b5-1 regulatory
"If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Aggregate Market Value financial
"Aggregate Market Value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares is the proposed TVTX sale?

Elizabeth Reed, an officer, reported a proposed sale of 6,785 common shares, with an aggregate market value of $283,823.34 and an approximate sale date of April 15, 2026. She acquired the shares from the issuer as performance shares on April 13, 2026.

What prior TVTX stock sales did Elizabeth Reed report?

Elizabeth Reed reported prior common-share sales of 37,500 and 7,215 shares on April 14, 2026; 10,000 on April 1, 2026; 10,000 on March 16, 2026; 10,000 on February 17, 2026; 2,994 on February 4, 2026; 7,175 on February 3, 2026; and 10,000 on January 20, 2026.

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

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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

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