TVTX Form 144 Filed for 10,000 Shares via Morgan Stanley — $250K
Rhea-AI Filing Summary
Form 144 notice for Travere Therapeutics, Inc. (TVTX) reports a proposed sale of 10,000 common shares through Morgan Stanley Smith Barney LLC on the NASDAQ with an aggregate market value of $250,000.00. The filing states the shares were acquired and will be sold on 09/22/2025 via a stock option exercise from the issuer, with payment in cash. The issuer's outstanding shares are listed as 89,138,673. The filer reports no securities sold in the past three months. Several identifying fields (filer CIK and contact details) are blank in the provided text.
Positive
- Transaction is fully documented with acquisition date, sale date, broker, payment method, and aggregate value provided
- No securities sold in prior three months, as explicitly reported
Negative
- Filer identification fields are incomplete or blank in the provided text (CIK and contact details missing), limiting verification from this extract
Insights
TL;DR: Routine Rule 144 notice for disposition of option-exercised shares; documentation shows cash payment and brokered sale.
The filing documents a proposed sale under Rule 144 of 10,000 common shares acquired by stock option exercise and intended for sale the same day through Morgan Stanley Smith Barney LLC on NASDAQ. The filing includes the aggregate market value and the issuer's total outstanding shares, and it states there were no sales in the prior three months. Some filer identification fields in the supplied extract are blank, which limits verification from this text alone.
TL;DR: Small, clearly identified sale; no recent disposals reported and proceeds will be cash-settled through a broker.
The notice indicates a single proposed disposition of 10,000 shares valued at $250,000, acquired and to be sold on 09/22/2025 via stock option exercise with cash payment. The statement that nothing was sold in the prior three months is included. From an equity perspective within this filing, the detail is transactional and does not present operational or financial results.