Form 4 for TVTX Travere Therapeutics, Inc.
Accepted 2025-05-05 00:00:00 ET · period of report 2025-05-02 · accession 0001415889-25-012057 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-05 | 2025-05-02 | TVTX | Heerma Peter | Chief COMMERCIAL Off | M - OptEx | — | +4,920 | 130.0K | +4% | — |
| D | 2025-05-05 | 2025-05-05 | TVTX | Heerma Peter | Chief COMMERCIAL Off | S - Sale+OE | $21.05 | -1,771 | 128.2K | -1% | -$37.3K |
| D | 2025-05-05 | 2025-05-02 | TVTX | Heerma Peter | Chief COMMERCIAL Off | M - OptEx | $0.00 | -4,920 | 4,920 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-02 | M | A | 4,920 | — | 129,986 | D | — | — | (F2) Each PSU represents a contingent right to receive one share of the common stock of the Issuer. |
| 2 | Common | Common Stock | 2025-05-05 | S | D | 1,771 | $21.05 | 128,215 | D | — | — | |
| 3 | Derivative | Performance-based restricted stock units | 2025-05-02 | M | D | 4,920 | $0.00 | 4,920 | D | — · — to — | 4,920 Common Stock | (F2) Each PSU represents a contingent right to receive one share of the common stock of the Issuer. (F1) On January 31, 2022, the reporting person was granted performance restricted stock units (PSUs) covering 9,840 shares of the Issuer's common stock, to vest upon the satisfaction of certain performance criteria. On May 2, 2025, 50% of the PSUs vested upon the Issuer's confirmation following the release of its financial results for the quarter ended March 31, 2025 that a performance criterion related to cumulative FILSPARI net revenue had been achieved. |