Form 4: Travere Therapeutics SVP Sells Shares Under 10b5-1 Plan

Sentiment:

Insider Transaction Report


Travere Therapeutics' SVP, Chief Accounting Officer Sandra Calvin sold 7,402 shares of common stock for $40 per share, reducing her direct beneficial ownership to 38,233 shares.

Summary

  • Sandra Calvin, SVP and Chief Accounting Officer of Travere Therapeutics, Inc. (TVTX), reported a sale of common stock.
  • The transaction involved the disposition of 7,402 shares of Travere Therapeutics common stock.
  • The shares were sold at a price of $40 per share.
  • The sale occurred on December 24, 2025.
  • This transaction was executed pursuant to a Rule 10b5-1(c) written plan, which was adopted on June 10, 2025.
  • Following this transaction, Sandra Calvin directly beneficially owns 38,233 shares of common stock.

Sentiment

Score: 5

Explanation: The transaction is a pre-planned sale under a 10b5-1 plan, which is a routine event for executives and generally considered neutral as it does not necessarily reflect a change in management's outlook on the company's prospects.

Future Outlook

NA

Industry Context

This filing reports a routine insider transaction and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

  • Shareholders: A routine, pre-planned insider sale typically has minimal direct impact on shareholders, as it is not indicative of new material information.

Key Dates

DateDescription
06/10/2025Date the Rule 10b5-1(c) written plan was adopted.
12/24/2025Date of the reported transaction (sale of common stock).
12/29/2025Date the Form 4 filing was signed.

Keywords

Travere Therapeutics, TVTX, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan, Sandra Calvin

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