Travere Therapeutics (NASDAQ: TVTX) director plans 5,000-share sale tied to stock options
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.
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Key Figures
Planned shares to be sold: 5,000 shares
Aggregate market value of planned sale: $317,650.00
Shares sold in prior 3 months: 5,000 shares
+2 more
5 metrics
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
Key Terms
Rule 144, 10b5-1, Exercise of Stock Options
3 terms
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 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.