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sellWeak cluster of 410b5-1 plan

Peter Heerma sold $196k of TVTX

CHIEF COMMERCIAL OFFICER at Travere Therapeutics, Inc.. 5,591 shares at an average of $35.00, traded Oct 31, 2025, filed Nov 4, 2025.

Warning score
22
Value
$196k
5,591 shares
Holdings after
119,071
-4% from before
From 52-week low
+161%
low $13.49, close $35.16
From 52-week high
0%
high $35.16, as of Oct 31, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $196k at market
    +12
  • Share of holdings sold
    Sold 4.5% of holdings
    0
  • Cluster
    4 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

TVTXOct 9, 2026 · close 52.13
Since filing Nov 4, 2025: +52.7%SPY +16.5% · excess +36.2%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001789617-25-000007, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Oct 31, 2025SOpen-market sale
Common Stock10b5-1
-5,591$35.00$196k119,071Nov 4, 2025
Nov 3, 2025GGift
Common Stock10b5-1
-1,078$0.00$0117,993Nov 4, 2025

Related signals

Other insiders at Travere Therapeutics, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
15Weak
TVTXsell 810b5-1
Travere Therapeutics, Inc.
Sandra Calvin
SVP, CHIEF ACCOUNTING OFFICER
$335k
5,375 shares
-11%
37Weak
TVTXsell 810b5-1
Travere Therapeutics, Inc.
Christopher R. Cline
CHIEF FINANCIAL OFFICER
$3.1M
50,508 shares
-37%
50Moderate
TVTXsell 810b5-1
Travere Therapeutics, Inc.
Eric M Dube
CHIEF EXECUTIVE OFFICER
$25M
400,000 shares
-76%
40Moderate
TVTXsell 810b5-1
Travere Therapeutics, Inc.
Peter Heerma
EVP, CHIEF COMMERCIAL OFFICER
$18M
283,189 shares
-129%
30Weak
TVTXsell 810b5-1
Travere Therapeutics, Inc.
Jula Inrig
EVP, Head of R&D & CMO
$2.8M
44,674 shares
-31%
30Weak
TVTXsell 810b5-1
Travere Therapeutics, Inc.
Elizabeth E Reed
Chief Legal Officer and GC
$2.3M
37,500 shares
-26%
40Moderate
TVTXsell 810b5-1
Travere Therapeutics, Inc.
William E. Rote
Chief Research Officer
$13M
209,048 shares
-108%
25Weak
TVTXsell 810b5-1
Travere Therapeutics, Inc.
Jeffrey A Meckler
director
$1.3M
20,000 shares
-18%
43Moderate
TVTXsell 8
Travere Therapeutics, Inc.
Christopher R. Cline
CHIEF FINANCIAL OFFICER
$43k
642 shares
-1%
29Weak
TVTXsell 410b5-1
Travere Therapeutics, Inc.
Sandra Calvin
SVP, CHIEF ACCOUNTING OFFICER
$296k
7,402 shares
-16%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Peter Heerma sold $196k of TVTX | InsiderTell