Travere director plans $1.3M stock sale in 2026
Director Jeffrey Meckler filed a Rule 144 notice to sell up to 20,000 TVTX shares following a stock option exercise.
Rhea-AI Filing Summary
Travere Therapeutics, Inc. (TVTX) has a notice under Rule 144 indicating that director Jeffrey Meckler plans to sell up to 20,000 shares of common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC after a cash exercise of stock options on September 10, 2026.
The filing lists an aggregate market value of $1,324,400 for the 20,000 shares, with sales expected to occur on or after September 10, 2026 on the NASDAQ market.
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Key Figures
Shares to be sold: 20,000 shares
Aggregate market value: $1,324,400
Planned sale date: September 10, 2026
3 metrics
Shares to be sold
20,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$1,324,400
Aggregate market value listed for the 20,000 shares in the Form 144
Planned sale date
September 10, 2026
Date for exercise of stock options and anticipated sales on NASDAQ
Key Terms
Rule 144, Exercise of Stock Options, aggregate market value
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.
Exercise of Stock Options financial
"Common | 09/10/2026 | Exercise of Stock Options | Issuer"
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 20000 | 1324400.00"
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.
FAQ
What does the Form 144 filing disclose for Travere Therapeutics (TVTX)?
The Form 144 notice discloses that director Jeffrey Meckler plans to sell up to 20,000 shares of Travere Therapeutics common stock, following a cash exercise of stock options, with sales expected on or after September 10, 2026 on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.