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Travere Therapeutics (NASDAQ: TVTX) director plans 5,000-share sale tied to stock options

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(Neutral)
Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. (TVTX) received a notice that director Gary Lyons plans to sell company common stock under Rule 144. The planned transaction involves 5,000 shares of common stock, with a stated aggregate market value of $317,650.00, through Morgan Stanley Smith Barney on or about 08/18/2026. The shares are to be sold in connection with the exercise of stock options for cash. The notice also lists a prior 10b5-1 sale of 5,000 shares on 08/17/2026 for total proceeds of $315,985.50.

Positive

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Planned shares to be sold 5,000 shares Common stock to be sold by Gary Lyons on or about 08/18/2026
Aggregate market value of planned sale $317,650.00 Estimated value of 5,000 TVTX shares for planned Rule 144 sale
Shares sold in prior 3 months 5,000 shares 10b5-1 sale on 08/17/2026
Proceeds from prior 10b5-1 sale $315,985.50 Total for 5,000 common shares sold on 08/17/2026
Rule 144 notice date 08/18/2026 Date listed for proposed sale and signature
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.
10b5-1 regulatory
"10b5-1 Sales for GARY LYONS 3611 Valley Centre Drive"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Exercise of Stock Options financial
"Common | 08/18/2026 | Exercise of Stock Options | Issuer"

FAQ

What insider sale is disclosed for Travere Therapeutics (TVTX) in this Form 144?

The filing discloses that director Gary Lyons plans to sell 5,000 shares of Travere Therapeutics common stock. The planned sale, valued at an aggregate $317,650.00, is associated with the exercise of stock options on or about 08/18/2026.

What is the planned transaction date and value for the TVTX shares to be sold?

The planned sale date is 08/18/2026 for 5,000 shares of Travere Therapeutics common stock. The notice lists an aggregate market value of $317,650.00 for these shares, to be sold for cash through Morgan Stanley Smith Barney.

How many Travere Therapeutics (TVTX) shares did Gary Lyons sell in the past 3 months?

The document reports a prior 10b5-1 transaction in the past three months involving 5,000 shares of Travere Therapeutics common stock. That sale occurred on 08/17/2026 and generated total proceeds of $315,985.50.

What is the basis for the planned TVTX stock sale under this notice?

The planned sale of 5,000 shares of Travere Therapeutics common stock is tied to the exercise of stock options. The securities to be sold section specifies “Exercise of Stock Options” as the nature of acquisition, with the sale for cash on 08/18/2026.

Which broker is listed for the planned Travere Therapeutics (TVTX) share sale?

The planned sale of 5,000 TVTX shares is routed through Morgan Stanley Smith Barney LLC Executive Financial Services. The broker’s address is listed as 1 New York Plaza, 8th Floor, New York, NY 10004, with the shares trading on NASDAQ.

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