Eric M. Dube - 05 Sep 2024 Form 4 Insider Report for Travere Therapeutics, Inc. (TVTX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Sep 2024, 21:20:12 UTC
Prior SEC filing
02 Feb 2024
Next SEC filing
23 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Elizabeth E. Reed, Attorney-in-Fact

Key filing fact

Eric M. Dube filed Form 4 for Travere Therapeutics, Inc. (TVTX) on 09 Sep 2024.

Key facts

  • This page summarizes Eric M. Dube's Form 4 filing for Travere Therapeutics, Inc. (TVTX).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 09 Sep 2024, 21:20.

Change

  • Previous filing in this sequence was filed on 02 Feb 2024.
  • Current net transaction value: -$243,360.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TVTX transaction

Common Stock

Award

Transaction value
$0
Shares
+32,500
Change %
+9.3%
Price
$0.000000
Shares after
383,100
Date
05 Sep 2024
Ownership
Direct
Footnotes
F1
TVTX transaction

Common Stock

Sale

Transaction value
$243,360
Shares
-21,125
Change %
-5.5%
Price
$11.52
Shares after
361,975
Date
09 Sep 2024
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

On January 31, 2023, the reporting person was granted performance restricted stock units (PSUs) covering 32,500 shares of the Issuer's common stock, which vest upon the satisfaction of certain performance criteria. On September 5, 2024, the PSUs vested upon the Issuer's confirmation that the U.S. Food and Drug Administration (FDA) had granted full approval to FILSPARI (sparsentan) in IgA Nephropathy.

Footnote F2

This sale was made pursuant to a written plan adopted on March 15, 2024 meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended, and includes the sale of shares to cover the tax obligation that occurred upon the vesting of performance restricted stock units.

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