Travere director granted shares and stock options
Travere Therapeutics, Inc. director Ruth Williams Brinkley received an automatic equity grant under the company’s 2018 Equity Incentive Plan pursuant to its non-employee director compensation program.
Rhea-AI Filing Summary
Travere Therapeutics, Inc. director Ruth Williams Brinkley received an automatic equity grant under the company’s 2018 Equity Incentive Plan pursuant to its non-employee director compensation program. The award includes 4,000 shares of common stock and stock options for 12,000 shares at an exercise price of $42.26 per share.
The equity award vests over a one-year period. The stock options become exercisable beginning on May 19, 2027 and expire on May 19, 2036. Following the stock grant, Brinkley directly holds 29,750 shares of Travere Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 12,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Automatic equity grant under the Issuer's 2018 Equity Incentive Plan, as amended, pursuant to the non-employee director compensation program.
- F2. The equity award vests over a one year period.
Key Figures
Key Terms
Automatic equity grant financial
2018 Equity Incentive Plan financial
non-employee director compensation program financial
Stock option (right to buy) financial
FAQ
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What insider equity awards were reported for TVTX director Ruth Williams Brinkley?
What is the exercise price and term of the new TVTX stock options?
How do the TVTX equity awards for Ruth Williams Brinkley vest?
Are the reported Travere Therapeutics equity awards open-market purchases or compensation grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.