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Travere Therapeutics officer proposes $43.2K sale

The planned sale concerns performance shares received from Travere, and the notice identifies a Rule 10b5-1 plan adopted May 28, 2025.

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Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. officer Christopher Cline gave notice of a proposed sale of 1,014 common shares, with an aggregate market value of $43,206.54 and an approximate sale date of April 15, 2026. Cline acquired the 1,014 shares from the issuer as performance shares on April 13, 2026. The notice identifies a Rule 10b5-1 plan adopted May 28, 2025.

Common shares proposed for sale 1,014 shares Approximate sale date: April 15, 2026
Aggregate market value $43,206.54 Proposed sale
Common shares outstanding 92,241,550 shares Reported in the notice
Performance shares acquired 1,014 shares Acquired from the issuer on April 13, 2026
Rule 10b5-1 regulatory
"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.
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.
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 TVTX shares did Christopher Cline plan to sell?

The notice lists 1,014 common shares for sale, with an aggregate market value of $43,206.54 and an approximate sale date of April 15, 2026. Cline is identified as an officer of Travere Therapeutics, Inc.

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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