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Travere Therapeutics officer proposes $101K sale

The reported sale is tied to tax withholding on vested performance restricted stock units and is described as required rather than discretionary.

Accepted by SEC EDGAR Learn about SEC filing dates
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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Jula Inrig, an officer of Travere Therapeutics, Inc. (TVTX), reported a proposed sale of 2,174 common shares, with an aggregate market value of $101,417.10 and an approximate sale date of May 5, 2026. The shares were acquired through vesting of performance restricted stock units on May 4, 2026. The remarks state that the sale is required to fund tax withholding under the issuer’s equity incentive plans and is not a discretionary trade.

Proposed sale 2,174 shares Approximate sale date: May 5, 2026
Aggregate market value $101,417.10 Proposed sale
Shares acquired through vesting 2,174 shares May 4, 2026
Shares outstanding 92,992,905 shares Reported in the securities information
Performance Restricted Stock Unit Vesting financial
"Performance Restricted Stock Unit Vesting"
sell to cover financial
"completing a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligation financial
"fund this tax withholding obligation"

FAQ

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

Why is Jula Inrig reporting a sale of 2,174 TVTX shares?

The sale is intended to cover tax withholding on vested performance restricted stock units. The remarks state that the issuer’s election under its equity incentive plans requires this sell-to-cover transaction and that it is not a discretionary trade.

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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