Travere Therapeutics CRO receives 14,000 share award
Travere Therapeutics Chief Research Officer William E. Rote reported receiving 14,000 shares of common stock as an equity award.
Rhea-AI Filing Summary
Travere Therapeutics Chief Research Officer William E. Rote reported receiving 14,000 shares of common stock as an equity award. The shares were acquired at no cost and are tied to performance restricted stock units granted on January 31, 2025.
According to the disclosure, these PSUs vested on April 13, 2026 after Travere confirmed that the U.S. Food and Drug Administration approved FILSPARI (sparsentan) for FSGS. Following this vesting and share issuance, Rote directly holds 123,087 shares of Travere Therapeutics common stock, reflecting both this award and his existing stake.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On January 31, 2025, the reporting person was granted performance restricted stock units (PSUs) which PSUs vested on April 13, 2026 upon the Issuer's confirmation that the U.S. Food and Drug Administration (FDA) had granted approval of FILSPARI (sparsentan) in FSGS.
Key Figures
Key Terms
performance restricted stock units (PSUs) financial
U.S. Food and Drug Administration (FDA) regulatory
FILSPARI (sparsentan) medical
FSGS medical
Form 4 regulatory
FAQ
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What insider transaction did Travere Therapeutics (TVTX) report for William E. Rote?
What triggered the vesting of William E. Rote’s PSUs at Travere Therapeutics (TVTX)?
What role does William E. Rote hold at Travere Therapeutics (TVTX) in this Form 4 filing?
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