Elizabeth Reed plans sale of 2,994 TVTX shares (NASDAQ: TVTX)
Rhea-AI Filing Summary
Elizabeth Reed filed a Rule 144 notice to sell 2,994 shares of common stock through Morgan Stanley Smith Barney LLC on or about 02/04/2026 on NASDAQ, with an aggregate market value of 96,360.09.
The filing also lists prior sales during the past three months: 7,175 shares of common stock sold on 02/03/2026 for gross proceeds of 230,463.88, and 10,000 shares sold on 01/20/2026 for gross proceeds of 273,420.00.
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FAQ
What recent TVTX stock sales by Elizabeth Reed are disclosed in this Form 144?
The filing lists two recent sales of TVTX common stock: 7,175 shares sold on 02/03/2026 for 230,463.88 and 10,000 shares sold on 01/20/2026 for 273,420.00, providing a three‑month trading history.
What is the purpose of Rule 144 in the context of this TVTX filing?
In this case, Rule 144 provides a framework for Elizabeth Reed to resell restricted TVTX shares. The rule requires disclosure of planned sales, prior three‑month sales, acquisition details, and broker information to promote transparency around insider and affiliate stock sales.