Teva (TEVA) Chief Accounting Officer Amir Weiss Sells Shares, Exercises Options

What Happened

• Amir Weiss, Chief Accounting Officer of Teva Pharmaceutical Industries (TEVA), sold a total of 9,445 shares in open-market transactions on August 21, 2026, generating aggregate proceeds of about $355,301 (sales were reported at weighted prices). On the same day he also exercised/converted options: he acquired 2,500 shares by exercise for $19.61 each ($49,025) and another 2,500-option conversion was reported as disposed (exercise price $19.16, value shown $47,900). The open-market sales and the option activity occurred the same day; sales are typically considered routine but represent insider selling.

Key Details

• Transaction date: August 21, 2026.
• Open-market sales: 6,945 shares at a weighted-average price reported as $37.61 (proceeds $261,224) and 2,500 shares at $37.63 (proceeds $94,077). Footnote indicates the reported sale price is a weighted average and individual sales ranged from $37.61 to $31.62.
• Option activity: exercised/converted two separate 2,500-share option blocks — one acquired at $19.61 (cost $49,025), one shown as converted and disposed at $19.16 (value shown $47,900). Footnote: these options were granted March 3, 2018 with staggered vesting (see F3).
• Shares owned after the transactions: not provided in the excerpt of this filing.
• ADS note: Ordinary Shares may be represented by American Depositary Shares (each ADS currently represents one Ordinary Share) (F1).
• Filing timeliness: Report filed Aug 25, 2026 for transactions on Aug 21, 2026 — filed on the second business day following the trade (timely).

Context

• For derivatives/options: the filing shows both exercises and disposals — one block of options was exercised and retained (acquired), another appears to have been exercised/converted and then disposed. That pattern can reflect a cashless or partial sale upon exercise but is purely factual here; it does not imply motive.
• Sales are more common routine insider activity; purchases or retained shares can be more informative about insider sentiment.