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Travere Therapeutics officer plans $121K share sale

The reported Rule 10b5-1 plan adoption or instruction date is May 29, 2025.

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Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. officer William E. Rote reported an intended sale of 2,763 common shares, with an aggregate market value of $121,433.85 and an approximate sale date of May 6, 2026. The shares were acquired from the issuer through restricted stock vesting on May 4, 2026, as compensation. Rote also reported selling 9,100 common shares on April 22, 2026, for gross proceeds of $355,719.

Shares intended for sale 2,763 common shares Approximate sale date: May 6, 2026
Aggregate market value $121,433.85 Shares intended for sale
Shares sold 9,100 common shares April 22, 2026
Gross proceeds $355,719 Sale on April 22, 2026
Shares acquired through restricted stock vesting 2,763 shares May 4, 2026; compensation from the issuer
Rule 10b5-1 plan adoption or instruction date May 29, 2025 Date reported for reliance on Rule 10b5-1
Restricted Stock Vesting financial
"Nature of Acquisition Transaction: Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Aggregate Market Value financial
"Number of Shares or Other Units To Be Sold | 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.
Gross Proceeds financial
"Amount of Securities Sold | Gross Proceeds"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
Rule 10b5-1 regulatory
"Date of Plan Adoption or Giving of Instruction, If 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.

FAQ

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

How many TVTX shares is William E. Rote proposing to sell?

Rote reported an intended sale of 2,763 common shares, with an aggregate market value of $121,433.85 and an approximate sale date of May 6, 2026.

How many TVTX shares did William E. Rote sell in April 2026?

Rote reported selling 9,100 common shares on April 22, 2026, for gross proceeds of $355,719.

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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