Travere Therapeutics CEO Dube sells 243,735 shares
One option was fully vested and exercisable; the other vested one-fourth on January 31, 2025, with the remainder vesting in 36 equal monthly installments.
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Rhea-AI Filing Summary
Travere Therapeutics, Inc. CEO Eric M. Dube exercised options on October 15, 2026, acquiring 43,735 shares at $26.88 and 200,000 shares at $8.93. He sold 128,065 shares at a weighted average price of $52.9672, 37,270 at $54.1997, and 78,400 at $55.0179. Each sale was made under a written Rule 10b5-1(c) plan adopted June 16, 2026. The options expire January 21, 2031, and January 31, 2034, respectively.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee stock option (right to buy) F5 | 43,735 | $0.00 | $0.00 |
| Exercise | Employee stock option (right to buy) F6 | 200,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 43,735 | $26.88 | $1.18M |
| Exercise | Common Stock | 200,000 | $8.93 | $1.79M |
| Sale | Common Stock F1, F2 | 128,065 | $52.9672 | $6.78M |
| Sale | Common Stock F1, F3 | 37,270 | $54.1997 | $2.02M |
| Sale | Common Stock F1, F4 | 78,400 | $55.0179 | $4.31M |
Footnotes (6)
- F1. This sale was made pursuant to a written plan adopted on June 16, 2026, meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended.
- F2. The weighted average sale price for the transaction reported was $52.9672, and the range of prices were between $52.63 and $53.6250. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each price will be provided.
- F3. The weighted average sale price for the transaction reported was $54.1997, and the range of prices were between $53.63 and $54.62. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each price will be provided.
- F4. The weighted average sale price for the transaction reported was $55.0179, and the range of prices were between $54.63 and $55.57. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each price will be provided.
- F5. The stock option is fully vested and exercisable.
- F6. One-fourth of the shares subject to the stock option vested and became exercisable on January 31, 2025, and the remaining shares vest in 36 equal monthly installments thereafter.
Key Figures
Key Terms
Rule 10b5-1(c) regulatory
weighted average sale price financial
fully vested and exercisable financial
equal monthly installments financial
FAQ
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What options did Travere Therapeutics CEO Eric M. Dube exercise?
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