$ Value
$191K
Shares
10,000
Price
$19
Filed
Apr 15
Insider
Name
REED ELIZABETH E
Title
Chief Legal Officer and GC
CIK
0001283303
Roles
Transaction Details
Transaction Date
2026-04-14
Code
M
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
129,211
Footnotes
On January 31, 2025, the reporting person was granted performance restricted stock units (PSUs) which PSUs vested on April 13, 2026 upon the Issuer's confirmation that the U.S. Food and Drug Administration (FDA) had granted approval of FILSPARI (sparsentan) in FSGS. | This sale was made pursuant to a written plan adopted on June 16, 2025, 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 stock options granted to the Reporting Person. | Represents the number of shares required to be sold by the Reporting Person to cover the tax withholding obligation in connection with the settlement of vested performance restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the Reporting Person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the Reporting Person. | This sale was made pursuant to a written plan adopted on June 16, 2025, 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. | The weighted average sale price for the transaction reported was $41.62, and the range of prices were between $41.255 and $42.25. 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 separate price will be provided. | The weighted average sale price for the transaction reported was $42.53, and the range of prices were between $42.335 and $42.66. 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 separate price will be provided. | The stock option is fully vested and exercisable.
Filing Info
REED ELIZABETH E's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-04-15 | TVTX | ▼ | $218K |
| 2026-04-15 | TVTX | ▼ | $66K |
| 2026-04-14 | TVTX | M | $191K |
| 2026-04-14 | TVTX | M | $359K |
| 2026-04-14 | TVTX | M | $116K |
| 2026-04-14 | TVTX | ▼ | $1.5M |
| 2026-04-14 | TVTX | ▼ | $303K |
| 2026-04-14 | TVTX | M | $0 |
| 2026-04-14 | TVTX | M | $0 |
| 2026-04-14 | TVTX | M | $0 |
Other Insiders at TVTX (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| LYONS GARY A | — | $329K | 2026-04-14 |
|
REED ELIZABETH E
Chief Legal Officer and GC
|
— | $2.1M | 2026-04-15 |
|
REED ELIZABETH E / Heerma Peter / Inrig Jula
Chief Legal Officer and GC
|
— | $303K | 2026-04-14 |
| Baynes Roy D. | — | $1.7M | 2026-04-14 |
|
ROTE WILLIAM E.
Chief Research Officer
|
— | $356K | 2026-04-22 |
|
Dube Eric M
CHIEF EXECUTIVE OFFICER
|
— | $4.5M | 2026-04-15 |
|
Heerma Peter
CHIEF COMMERCIAL OFFICER
|
— | — | 2026-04-13 |
|
Calvin Sandra
SVP, CHIEF ACCOUNTING OFFICER
|
— | $903K | 2026-04-14 |
|
Inrig Jula
CHIEF MEDICAL OFFICER
|
— | $43K | 2026-04-15 |
|
Cline Christopher R.
CHIEF FINANCIAL OFFICER
|
— | $349K | 2026-04-15 |