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Travere Therapeutics director proposes $500K share sale

The proposed transaction is tied to a Rule 10b5-1 plan adopted November 18, 2025; the notice also lists a prior sale in May.

Accepted by SEC EDGAR Learn about SEC filing dates
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Form Type
144

Rhea-AI Filing Summary

Timothy Coughlin, a director of Travere Therapeutics, Inc. (TVTX), reported a proposed sale of 10,000 common shares with an aggregate market value of $500,429.72 and an approximate sale date of June 12, 2026. The proposed sale is under a Rule 10b5-1 plan adopted November 18, 2025. Coughlin also reported selling 3,250 common shares on May 15, 2026, for gross proceeds of $141,182.59.

Proposed shares to be sold 10,000 shares Common shares
Aggregate market value $500,429.72 Proposed sale
Approximate sale date June 12, 2026 Proposed sale
Prior shares sold 3,250 shares May 15, 2026
Gross proceeds $141,182.59 Sale on May 15, 2026
Shares outstanding 92,992,905 shares As reported for the securities information
Rule 10b5-1 regulatory
"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.
Aggregate Market Value financial
"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.
Stock Options financial
"Nature of Acquisition Transaction: Stock Options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

FAQ

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

How many TVTX shares did director Timothy Coughlin propose to sell?

Timothy Coughlin reported a proposed sale of 10,000 common shares, with an aggregate market value of $500,429.72 and an approximate sale date of June 12, 2026.

How many TVTX shares did Timothy Coughlin sell in May 2026?

Coughlin reported selling 3,250 common shares on May 15, 2026, for gross proceeds of $141,182.59.

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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