Travere (TVTX) insider donates 1,078 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Travere Therapeutics (TVTX) reported an insider transaction by its Chief Commercial Officer. On 10/31/2025, the officer sold 5,591 shares of common stock at $35 per share under a Rule 10b5-1 trading plan adopted on June 16, 2025. On 11/03/2025, the officer made a charitable gift of 1,078 shares to a donor advised fund, also pursuant to the same 10b5-1 plan.
Following these transactions, the officer beneficially owned 117,993 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,591 shares ($195,685)
Net Sell
2 txns
Insider
Heerma Peter
Role
CHIEF COMMERCIAL OFFICER
Sold
5,591 shs ($196K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,078 | $0.00 | -- |
| Sale | Common Stock | 5,591 | $35.00 | $196K |
Holdings After Transaction:
Common Stock — 117,993 shares (Direct)
Footnotes (1)
- This sale was made pursuant to a written plan adopted on June 16, 2025, meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended. This transaction represents a charitable gift of 1,078 shares of common stock to a donor advised fund, which was gifted pursuant to a written plan adopted on June 16, 2025, meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended.
FAQ
What insider activity did TVTX disclose?
The Chief Commercial Officer sold 5,591 shares at $35 on 10/31/2025 and made a charitable gift of 1,078 shares on 11/03/2025.
Were the TVTX transactions under a 10b5-1 plan?
Yes. Both transactions were executed pursuant to a Rule 10b5-1(c) plan adopted on June 16, 2025.
What roles does the reporting person hold at TVTX?
The reporting person is an officer, serving as Chief Commercial Officer.
What was the nature of the second TVTX transaction?
It was a charitable gift of 1,078 shares to a donor advised fund.