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Travere officer files $2.9M stock sale notice

An officer of Travere Therapeutics filed a Rule 144 notice to sell 44,674 shares of TVTX common stock acquired through prior equity awards.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. (TVTX) has an officer, Jula Inrig, filing a notice of proposed sale of common stock under Rule 144. The notice lists common shares to be sold through Morgan Stanley Smith Barney LLC on NASDAQ around September 15, 2026, with a quantity of 44,674 shares and an aggregate market value of $2,939,102.46, while the company reports 94,261,082 common shares outstanding.

The securities to be sold were acquired from the issuer through equity compensation, including stock options exercised for 32,395 shares on September 15, 2026, restricted stock units vesting for 7,662 shares on January 1, 2023, and performance stock units vesting for 4,617 shares on February 10, 2025. The notice states that the securities to be sold were acquired upon vesting of restricted stock units during the period from January 1, 2023 through January 31, 2025.

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Common shares listed in proposed transaction 44,674 shares Securities information section of the Rule 144 notice
Aggregate market value of listed shares $2,939,102.46 Value associated with the 44,674 common shares in the notice
Common shares outstanding 94,261,082 shares Reported outstanding common shares of Travere Therapeutics, Inc.
Shares from exercise of stock options 32,395 shares Acquired from issuer on September 15, 2026
Shares from restricted stock units 7,662 shares Acquired from issuer on January 1, 2023
Shares from performance stock units 4,617 shares Acquired from issuer on February 10, 2025
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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.
Restricted Stock Units financial
"Common | 01/01/2023 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Common | 02/10/2025 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Exercise of Stock Options financial
"Common | 09/15/2026 | Exercise of Stock Options | Issuer"

FAQ

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

What does Travere Therapeutics (TVTX) disclose in this Form 144 filing?

The filing reports that officer Jula Inrig submitted a Rule 144 notice for a proposed sale of common stock of Travere Therapeutics, Inc., with the sale to be executed through Morgan Stanley Smith Barney LLC on NASDAQ around September 15, 2026.

How many Travere Therapeutics (TVTX) shares are covered by this Rule 144 notice?

The notice lists 44,674 common shares of Travere Therapeutics, Inc. in connection with the proposed Rule 144 transaction, with an associated aggregate market value of $2,939,102.46 as reflected in the filing’s securities information section.

What is the aggregate market value of the TVTX shares in this Form 144?

The filing states an aggregate market value of $2,939,102.46 for the 44,674 common shares of Travere Therapeutics, Inc. listed in the securities information section of the Rule 144 notice.

How many Travere Therapeutics (TVTX) shares are outstanding according to this filing?

The Rule 144 notice reports that Travere Therapeutics, Inc. has 94,261,082 common shares outstanding, which serves as a context figure relative to the 44,674 shares referenced in the proposed sale.

How were the TVTX shares in this Form 144 acquired by the officer?

The filing explains that the securities to be sold were acquired from the issuer via equity awards: 32,395 shares from the exercise of stock options, 7,662 shares from restricted stock units, and 4,617 shares from performance stock units, with awards vesting between January 1, 2023 and February 10, 2025.

Who is the person selling Travere Therapeutics (TVTX) shares under this Rule 144 notice?

The Rule 144 notice identifies Jula Inrig as the officer for whose account the TVTX common stock is to be sold. The filing notes that she is an officer of Travere Therapeutics, Inc. and that the sale will be executed through Morgan Stanley Smith Barney LLC.

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

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Learn about SEC filing dates

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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