Form 4: Travere Therapeutics SVP Sells Shares Under 10b5-1 Plan
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
| Date | Description |
|---|---|
| 06/10/2025 | Date the Rule 10b5-1(c) written plan was adopted. |
| 12/24/2025 | Date of the reported transaction (sale of common stock). |
| 12/29/2025 | Date 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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