RPRX CLUSTER SEC Filing Analysis

Latest settled — T+5d

RPRX ▲ +1.25% at T+5d

NEUTRAL call ✓ call won +1.25% · α vs SPY -0.41% · entry $54.50 → $55.18

Next anchor: T+20d in 12d

Last close $54.86 (close Jun 8) · +0.66% from $54.50 entry

Entry anchored
May 21, 2026
via day open

T+1d

-1.17%

call -1.17% · α -1.76%

$53.86

settled 19d ago

T+5d

+1.25%

call +1.25% · α -0.41%

$55.18

settled 12d ago

T+20d

—

call — · α —

—

in 12d

T+60d

—

call — · α —

—

in 2mo

Price Chart

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Executive Summary

Two insiders at Royalty Pharma sold a combined $883K in open-market transactions over a one-week window. The sales represent ~0.003% of the $30.6B market cap, a trivial amount that is routine and non-informative. No material business catalyst is evident from the filing.

Key Financial Metrics

Direction

selling

Total Value

$883.0K

Insiders

2

Actionable Insight

The dollar amount is too small to signal any material change in business outlook. Monitor upcoming quarterly earnings for any fundamental shifts; these sales are routine and non-actionable.

Key Facts

Director Norden Gregory sold 3,000 shares at ~$53.00 for $161K on 2026-05-14.
EVP Marshall Urist sold 13,684 shares at ~$52.75 for $722K on 2026-05-20.
Total insider sales of $883K represent ~0.003% of RPRX's $30.6B market cap.
No insider purchases were reported in the cluster window.
Recent 30-day insider activity includes 4 prior sales totaling $3.2M, consistent with routine liquidity-driven selling.

Financial Impact

Total insider sales of $883K, or ~0.003% of market cap — economically negligible.

insider holdings

Risk Factors

Insider sales could increase if the stock continues to appreciate, but no bearish signal is present here.
No identifiable catalyst from this filing alone.

Market Snapshot

Exchange

Nasdaq

Sector

Pharmaceutical Preparations

Analyst Consensus

88% bullish (16 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

Document	Accession Number
CLUSTER Data (Synthetic)	cluster-RPRX-1779412846308

12 reports for RPRX

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for RPRX — sortable, filterable
	Type				Now
May 28, 2026 12d ago	Insider Cluster NEUTRAL ★ 4/10	$55.76 $55.87	▲ +0.20%	▲ +2.72%	$54.86 (−1.61%)
May 28, 2026 12d ago	8-K NEUTRAL ★ 4/10	$55.76 $54.97	▼ −1.42%	▼ −1.12%	$54.86 (−1.61%)
May 22, 2026 19d ago	Insider Cluster NEUTRAL ★ 2/10	$54.50 $55.18	▲ +1.25%	▼ −0.41%	$54.86 (+0.66%)
May 15, 2026 25d ago	Insider Cluster NEUTRAL ★ 3/10	$52.07 $53.86	▲ +3.44%	▲ +1.82%	$54.86 (+5.36%)
May 14, 2026 26d ago	144 NEUTRAL ★ 2/10	$52.85 $54.50	▲ +3.12%	▲ +2.16%	$54.86 (+3.80%)
May 6, 2026 4w ago	8-K BULLISH ★ 6/10	$50.72 $51.70	▲ +1.93%	▲ +0.80%	$54.86 (+8.16%)
Apr 17, 2026 7w ago	Press Release NEUTRAL ★ 3/10	$50.00 $49.38	▼ −1.24%	▼ −1.79%	$54.86 (+9.72%)
Apr 15, 2026 7w ago	Press Release NEUTRAL ★ 3/10	$48.48 $49.64	▲ +2.39%	▲ +1.41%	$54.86 (+13.16%)
Apr 10, 2026 8w ago	DEFA14A NEUTRAL ★ 2/10	$48.43 $49.30	▲ +1.80%	▼ −1.50%	$54.86 (+13.28%)
Mar 30, 2026 10w ago	Press Release NEUTRAL ★ 4/10	$46.37 $46.87	▲ +1.08%	▼ −3.22%	$54.86 (+18.31%)

US Market Status

Market Closed — Opens in 5h 34m

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