Travere officer plans $6.3M stock sale in 2026
Travere Therapeutics, Inc. (TVTX) received a notice that officer William Rote plans to sell up to 96,198 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC, with an approximate aggregate market value of $6,328,866.42.
Rhea-AI Filing Summary
Travere Therapeutics, Inc. (TVTX) received a notice that officer William Rote plans to sell up to 96,198 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC, with an approximate aggregate market value of $6,328,866.42. The planned sales are expected to occur on or about September 15, 2026 on NASDAQ. As context, 94,261,082 shares of common stock were outstanding, a baseline figure, not the amount being sold.
The shares to be sold were acquired via several equity compensation arrangements: 78,650 shares from the exercise of stock options, 9,128 shares from an employee stock purchase plan, and a total of 8,420 shares from restricted and performance stock units that vested between February 13, 2018 and January 31, 2024.
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Key Figures
Key Terms
Rule 144 regulatory
restricted stock units financial
employee stock purchase plan financial
performance stock units financial
FAQ
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What does the Form 144 filing disclose for Travere Therapeutics (TVTX)?
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