Gary A. Lyons - 04 Oct 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
04 Oct 2024, 19:15:51 UTC
Prior SEC filing
15 Aug 2024
Next SEC filing
16 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Elizabeth E. Reed, Attorney-in-Fact

Key filing fact

Gary A. Lyons filed Form 4 for Travere Therapeutics, Inc. (TVTX) on 04 Oct 2024.

Key facts

  • This page summarizes Gary A. Lyons's Form 4 filing for Travere Therapeutics, Inc. (TVTX).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Oct 2024, 19:15.

Change

  • Previous filing in this sequence was filed on 15 Aug 2024.
  • Current net transaction value: -$169,901.

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

Options Exercise

Transaction value
$419,200
Shares
+40,000
Change %
+78%
Price
$10.48
Shares after
91,000
Date
04 Oct 2024
Ownership
Direct
TVTX transaction

Common Stock

Sale

Transaction value
$303,874
Shares
-21,179
Change %
-23%
Price
$14.35
Shares after
69,821
Date
04 Oct 2024
Ownership
Direct
Footnotes
F1, F2
TVTX transaction

Common Stock

Sale

Transaction value
$285,227
Shares
-18,821
Change %
-27%
Price
$15.15
Shares after
51,000
Date
04 Oct 2024
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TVTX transaction Derivative

Stock option (right to buy)

Options Exercise

Transaction value
$0
Shares
+40,000
Change %
Price
$0.000000
Shares after
0
Date
04 Oct 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
40,000
Exercise price
$10.48
Footnotes
F4
* 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 4 footnotes

Footnote F1

This sale was made pursuant to a written plan adopted on March 16, 2023 meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended, and consists of the sale of shares underlying a stock option granted to the Reporting Person on October 8, 2014 with an expiration date of October 8, 2024.

Footnote F2

The weighted average sale price for the transaction reported was $14.3479, and the range of prices were between $13.92 and $14.91. 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.

Footnote F3

The weighted average sale price for the transaction reported was $15.1547, and the range of prices were between $14.92 and $15.44. 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.

Footnote F4

The stock option is fully vested and exercisable.

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