TEVA PHARMACEUTICAL INDUSTRIES LTD·4

Jun 16, 8:28 AM ET

Kalif Eliyahu Sharon 4

Research Summary

AI-generated summary

Updated

TEVA CFO Kalif Eliyahu Sharon Sells 106,563 Shares

What Happened
Kalif Eliyahu Sharon, Chief Financial Officer of Teva Pharmaceutical Industries Ltd (TEVA), sold 106,563 ordinary shares (which may be represented by American Depositary Shares) in an open-market transaction on June 11, 2026. The reported weighted-average sale price was $34.10 per share for total proceeds of approximately $3,633,308. The filing characterizes the entry as a sale (S).

Key Details

  • Transaction date: June 11, 2026. Filing date: June 16, 2026 (filed five calendar days after the trade; appears to be one business day later than the typical two-business-day Form 4 deadline).
  • Quantity and price: 106,563 shares sold; weighted-average price $34.10; reported execution prices ranged from $33.985 to $34.25 (footnote offers to provide per-price breakdown on request).
  • Total value: ≈ $3,633,308.
  • Mechanism: Open-market sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.
  • Shares owned after transaction: Not specified in the data provided in this summary.
  • Other note: Ordinary shares may be represented by ADSs (each ADS currently represents one ordinary share).

Context
This was a prearranged sale under a 10b5-1 plan, which means the trades were executed according to a prior written plan and are generally treated as routine rather than an immediate expression of the insider’s view of the stock. Sales do not necessarily signal negative company prospects; retail investors often view purchases as more informative about insider confidence.