STOCK TITAN

Travere Therapeutics officer proposes $91.2K share sale

The Rule 10b5-1 plan adoption or instruction date listed for the proposed sale is June 16, 2025.

Accepted by SEC EDGAR Learn about SEC filing dates
(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Travere Therapeutics, Inc. officer Elizabeth Reed reported a proposed sale of 2,076 common shares, with an aggregate market value of $91,240.20 and an approximate sale date of May 6, 2026. She also reported acquiring 2,076 performance shares from the issuer on May 4, 2026. Common shares outstanding were listed at 92,992,905. The Rule 10b5-1 plan adoption or instruction date is June 16, 2025. Reed’s other reported common-share sales were dated February 17, 2026, through May 5, 2026.

Proposed sale 2,076 common shares Approximate sale date: May 6, 2026
Aggregate market value $91,240.20 Proposed sale of common shares
Common shares outstanding 92,992,905 shares Travere Therapeutics, Inc.
Performance shares acquired 2,076 shares Acquired from the issuer on May 4, 2026
Performance Shares financial
"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.
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.
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.

FAQ

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

How many TVTX shares is Elizabeth Reed proposing to sell?

Elizabeth Reed reported a proposed sale of 2,076 common shares, with an aggregate market value of $91,240.20 and an approximate sale date of May 6, 2026.

Which broker is listed for Elizabeth Reed’s proposed TVTX sale?

Morgan Stanley Smith Barney LLC is listed as the broker for the proposed sale.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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

Keep reading