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  4. [Form 4] Travere Therapeutics, Inc. Insider Trading Activity

Travere Therapeutics (TVTX) CEO sells 60,000 shares in 10b5-1 trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Travere Therapeutics, Inc. CEO Eric M. Dube exercised stock options for 60,000 shares on February 20, 2026, converting an employee stock option into common stock at an exercise price of $15.4600 per share. He then sold 60,000 common shares in an open-market transaction at a weighted average price of $30.0961, under a pre-arranged Rule 10b5-1 trading plan adopted on June 16, 2025. Following these transactions, his directly held common stock position was 432,886 shares.

Positive

  • None.

Negative

  • None.
Insider Dube Eric M
Role CHIEF EXECUTIVE OFFICER
Sold 60,000 shs ($1.81M)
Approx. gross sale proceeds $1.81M
Approx. exercise cost $928K
Approx. pre-tax spread $878K
Type Security Shares Price Value
Exercise Employee stock option (right to buy) 60,000 $0.00 $0.00
Exercise Common Stock 60,000 $15.46 $928K
Sale Common Stock 60,000 $30.0961 $1.81M
Holdings After Transaction: Employee stock option (right to buy) — 60,000 shares (Direct); Common Stock — 432,886 shares (Direct)
Footnotes (3)
  1. F1. 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.
  2. F2. The weighted average sale price for the transaction reported was $30.0961, and the range of prices were between $30.00 and $30.325. 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.
  3. F3. The stock option is fully vested and exercisable.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transactions did Travere Therapeutics (TVTX) report for Eric M. Dube?
Travere Therapeutics reported that CEO Eric M. Dube exercised options for 60,000 shares and sold 60,000 common shares. The sale occurred in the open market on February 20, 2026, following conversion of an employee stock option into common stock.

At what prices did Eric M. Dube transact Travere Therapeutics (TVTX) shares?
Eric M. Dube exercised options into 60,000 Travere shares at an exercise price of $15.4600 per share. He then sold 60,000 common shares at a weighted average price of $30.0961, with individual sale prices ranging between $30.00 and $30.325.

Was the Travere Therapeutics (TVTX) CEO stock sale under a Rule 10b5-1 plan?
Yes. The sale of 60,000 Travere Therapeutics common shares by CEO Eric M. Dube was made under a written trading plan. The plan was adopted on June 16, 2025 and was designed to meet Rule 10b5-1(c) requirements under the Securities Exchange Act.

How many Travere Therapeutics (TVTX) shares does the CEO hold after this Form 4?
After exercising options and selling shares, CEO Eric M. Dube directly held 432,886 Travere Therapeutics common shares. This figure reflects his direct ownership immediately following the reported February 20, 2026 transactions in the Form 4 filing.

What type of derivative security did Eric M. Dube exercise at Travere Therapeutics (TVTX)?
Eric M. Dube exercised an employee stock option, described as a right to buy Travere Therapeutics common stock. The option was fully vested and exercisable, and its exercise produced 60,000 common shares that were then sold in the open market.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dube Eric M
(Last) (First) (Middle)
C/O TRAVERE THERAPEUTICS, INC.
3611 VALLEY CENTRE DR., SUITE 300
(Street)
SAN DIEGO CA 92130
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Travere Therapeutics, Inc. [ TVTX ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF EXECUTIVE OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 M 60,000 A $15.46 492,886 D
Common Stock 02/20/2026 S(1) 60,000 D $30.0961(2) 432,886 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock option (right to buy) $15.46 02/20/2026 M 60,000 (3) 01/31/2030 Common Stock 60,000 $0 60,000 D
Explanation of Responses:
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.
2. The weighted average sale price for the transaction reported was $30.0961, and the range of prices were between $30.00 and $30.325. 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.
3. The stock option is fully vested and exercisable.
/s/ Elizabeth E. Reed, Attorney-in-Fact 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR