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Travere officer Christopher Cline plans $13.6K share sale

The notice lists a Rule 10b5-1 plan adoption or instruction date of May 28, 2025, and five sales during the prior three months.

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Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. officer Christopher Cline reported a planned sale of 310 common shares, with an aggregate market value of $13,624.50 and an approximate sale date of May 6, 2026.

The notice lists 310 performance shares acquired from the issuer on May 4, 2026, and gives May 28, 2025 as the Rule 10b5-1 plan adoption or instruction date. It also lists five prior sales from April 13 through May 5, 2026, including 2,181 shares sold on May 5 for gross proceeds of $101,743.65.

Planned sale 310 shares Common shares; approximate sale date May 6, 2026
Aggregate market value $13,624.50 Planned sale of 310 common shares
Performance shares acquired 310 shares Acquired from the issuer on May 4, 2026
Prior sale 2,181 shares Sale on May 5, 2026
Gross proceeds $101,743.65 Sale on May 5, 2026
Shares outstanding 92,992,905 shares Number reported in the securities information
Performance Shares technical
"Nature of Acquisition Transaction: Performance Shares"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
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.
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.

FAQ

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

How many TVTX shares does Christopher Cline plan to sell?

Christopher Cline, an officer, reported a planned sale of 310 common shares with an aggregate market value of $13,624.50 and an approximate sale date of May 6, 2026. He acquired 310 performance shares from the issuer on May 4, 2026.

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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