TVTX Travere Therapeutics, Inc.
Price Chart
Executive Summary
Two directors of Travere Therapeutics (TVTX) exercised stock options and immediately sold the resulting shares on June 12, 2026, for a total of ~$726K in open-market sales. The combined sales represent only 0.015% of the company's $5.0B market cap, making this a routine, liquidity-driven transaction with no material informational content.
Key Financial Metrics
Actionable Insight
This insider cluster is routine and non-informative. No trading action is warranted based on these small director sales. Monitor for any upcoming corporate events (e.g., earnings, pipeline updates) that could provide a catalyst, but this filing alone does not change the outlook.
Key Facts
- Directors Timothy Coughlin and Roy D. Baynes each exercised stock options and sold shares on June 12, 2026.
- Coughlin sold 10,000 shares at $50.07 for $500,747; Baynes sold 4,500 shares at $50.00 for $225,000.
- Total open-market sales: $725,747, or ~0.015% of TVTX's $5.0B market cap.
- Both sales followed option exercises (cash and non-cash), indicating a typical exercise-and-sell pattern rather than a bearish signal.
- No C-suite executives participated in the cluster; only directors transacted.
Financial Impact
Trivial — $726K in sales is immaterial relative to $5.0B market cap.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TVTX-1781642857007 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 16, 2026
2d ago
|
Insider Cluster
| $54.14 $55.15 | ▲ +1.87% | ▲ +1.09% | $54.14 (−0.00%) |
|
Jun 16, 2026
2d ago
|
8-K
| $54.14 $55.15 | ▲ +1.87% | ▲ +1.09% | $54.14 (−0.00%) |
|
Jun 12, 2026
6d ago
|
144
| $52.04 $53.80 | ▲ +3.38% | ▲ +1.62% | $54.14 (+4.04%) |
|
Jun 2, 2026
16d ago
|
8-K
| $42.96 $45.20 | ▲ +5.21% | ▲ +5.94% | $54.14 (+26.02%) |
|
May 15, 2026
4w ago
|
144
| $42.59 $42.89 | ▲ +0.70% | ▲ +0.77% | $54.14 (+27.12%) |
|
May 5, 2026
6w ago
|
144
| $44.76 $42.66 | ▼ −4.69% | ▼ −4.36% | $54.14 (+20.96%) |
|
May 4, 2026
6w ago
|
144
| $44.80 $44.80 | · 0.00% | ▼ −1.38% | $54.14 (+20.85%) |
|
May 1, 2026
7w ago
|
Insider Cluster
| $44.12 $44.91 | ▼ −1.79% | ▼ −2.13% | $54.14 (−22.71%) |
|
Apr 15, 2026
9w ago
|
144
| $40.95 $39.54 | ▼ −3.44% | ▼ −3.70% | $54.14 (+32.21%) |
|
Apr 15, 2026
9w ago
|
Insider Cluster
| $40.95 $39.54 | ▲ +3.44% | ▲ +3.70% | $54.14 (−32.21%) |
US Market Status
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