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Travere officer files notice for $3.3M stock sale

An officer of Travere Therapeutics filed a Rule 144 notice to potentially sell up to 50,508 shares of TVTX common stock, largely from vested equity awards.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. (TVTX) officer Christopher Cline filed a notice of proposed sale of Travere common stock under Rule 144. The filing contemplates the sale of up to 50,508 shares of common stock through Morgan Stanley Smith Barney LLC on or after September 15, 2026.

The shares to be sold include 20,000 shares related to an Exercise of Stock Options dated September 15, 2026 and 30,508 shares acquired from Restricted Stock Units granted May 9, 2020 and vesting through September 1, 2026. The notice also reports a prior sale of 642 shares on September 2, 2026.

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Shares proposed for sale under Rule 144 50,508 shares Travere Therapeutics common stock covered by the notice
Market value of shares in notice $3,322,921.32 Aggregate market value associated with the 50,508 shares
Shares from stock option exercise 20,000 shares Common stock tied to Exercise of Stock Options dated September 15, 2026
Shares from vested RSUs 30,508 shares Common stock acquired from Restricted Stock Units granted May 9, 2020
Recent shares sold 642 shares Common stock sold on September 2, 2026 during the past three months
Proceeds from recent sale $42,609.54 Total for 642 shares sold on September 2, 2026
Notice date September 15, 2026 Date of the Rule 144 notice
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.
restricted stock units financial
"The securities to be sold were acquired upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Exercise of Stock Options financial
"Common | 09/15/2026 | Exercise of Stock Options | Issuer"
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

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

What does the Form 144 filing disclose for Travere Therapeutics (TVTX)?

It discloses that officer Christopher Cline filed a notice under Rule 144 to potentially sell up to 50,508 shares of Travere Therapeutics common stock through Morgan Stanley Smith Barney LLC, with a notice date of September 15, 2026.

How many TVTX shares are proposed to be sold in this Form 144?

The notice covers a proposed sale of up to 50,508 shares of Travere Therapeutics common stock, to be transacted through Morgan Stanley Smith Barney LLC on or after September 15, 2026.

What is the source of the Travere Therapeutics (TVTX) shares to be sold?

The filing states that 20,000 shares are tied to an Exercise of Stock Options dated September 15, 2026, and 30,508 shares were acquired upon the vesting of restricted stock units granted on May 9, 2020 and vesting through September 1, 2026.

What is the reported market value of the TVTX shares in this Form 144?

The Form 144 lists an aggregate market value of $3,322,921.32 for the 50,508 shares of Travere Therapeutics common stock covered by the notice, in connection with the proposed Rule 144 sale.

Were any Travere Therapeutics (TVTX) shares sold in the prior three months?

Yes. The filing reports that 642 shares of Travere Therapeutics common stock were sold on September 2, 2026 for a total of $42,609.54 during the past three months.

Who is the beneficial owner in this Travere Therapeutics (TVTX) Form 144?

The person for whose account the securities are to be sold is Christopher Cline, identified as an officer of Travere Therapeutics, Inc., with the issuer’s address at 3611 Valley Centre Drive, Suite 300, San Diego, California 92130.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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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