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Travere officer Reed plans $2.6M stock sale

An officer of Travere Therapeutics has filed a Rule 144 notice to sell 39,576 TVTX common shares valued at about $2.6 million.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. (TVTX) has a notice of proposed sale of common stock filed under Rule 144 for officer Elizabeth Reed. The notice covers 39,576 shares of Travere common stock to be sold through Morgan Stanley Smith Barney, with an aggregate market value of $2,603,705.04 and based on 94,261,082 shares outstanding as of September 15, 2026. The shares consist of 37,500 shares underlying stock options expected to be exercised for cash on September 15, 2026 and 2,076 shares from performance stock units with a date of May 4, 2026.

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Shares proposed for sale 39,576 shares Common stock covered by Rule 144 notice for Elizabeth Reed
Aggregate market value $2,603,705.04 Value of 39,576 Travere common shares in the Form 144
Shares underlying stock options 37,500 shares Portion of proposed sale from exercise of stock options dated September 15, 2026
Shares from performance stock units 2,076 shares Portion of proposed sale from performance stock units dated May 4, 2026
Shares outstanding figure cited 94,261,082 shares Travere common shares cited as outstanding as of September 15, 2026
Sale method date reference September 15, 2026 Date tied to both the option exercise and main proposed sale
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.
Exercise of Stock Options financial
"Common | 09/15/2026 | Exercise of Stock Options | Issuer"
Performance Stock Units financial
"Common | 05/04/2026 | 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.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

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

What does the Form 144 filing for TVTX disclose about Elizabeth Reed?

The Form 144 reports that officer Elizabeth Reed plans to sell 39,576 shares of Travere Therapeutics common stock under Rule 144 through Morgan Stanley Smith Barney.

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

The notice covers 39,576 shares of Travere Therapeutics common stock, including 37,500 option shares and 2,076 performance stock unit shares.

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

The Form 144 states an aggregate market value of approximately $2,603,705.04 for the 39,576 shares of Travere Therapeutics common stock covered by the notice.

How are the TVTX shares in the Form 144 expected to be acquired before sale?

Of the 39,576 shares, 37,500 shares are tied to the exercise of stock options for cash dated September 15, 2026, and 2,076 shares relate to performance stock units dated May 4, 2026.

What share count does the Form 144 give for Travere Therapeutics (TVTX)?

The filing lists 94,261,082 shares of Travere Therapeutics common stock as the relevant outstanding share figure as of September 15, 2026.

On which market is Travere Therapeutics (TVTX) common stock referenced in the Form 144?

The Form 144 references Travere Therapeutics common stock as traded on the NASDAQ market.

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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