BridgeBio Pharma, Inc.·4

Jun 17, 4:45 PM ET

Cook Jennifer E. 4

4 · BridgeBio Pharma, Inc. · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

BridgeBio (BBIO) Director Jennifer Cook Exercises Options, Sells Shares

What Happened

  • Jennifer E. Cook, a member of BridgeBio Pharma's Board of Directors, exercised stock options and sold common shares on June 15, 2026. She exercised 83,088 option shares (65,921 at $8.45 and 17,167 at $16.75) for a total exercise cost of $844,579, and sold 90,240 shares in open-market transactions for aggregate gross proceeds of approximately $6,012,157. The filing also reports the derivative interests being converted/ disposed in connection with the exercises.

Key Details

  • Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (filed within the typical two-business-day window).
  • Exercises: 65,921 shares @ $8.45 ($557,032) and 17,167 shares @ $16.75 ($287,547) — total exercised = 83,088 shares costing $844,579.
  • Sales: 88,737 shares @ weighted avg $66.62 (F2) = $5,911,242; 1,503 shares @ weighted avg $67.14 (F3) = $100,915; total sales ≈ $6,012,157.
  • The filing shows $0.00 for two derivative dispositions; these reflect conversion/disposition of the option interests upon exercise.
  • Footnotes of note: F1 — sales were effected under a Rule 10b5-1 trading plan adopted March 16, 2026; F2/F3 — weighted-average sale price ranges with breakdown available on request; F4/F5 — vesting schedules for the reported options. Exhibit 24 (Power of Attorney) was included.
  • Shares owned after the reported transactions are not disclosed in the provided filing excerpt.

Context

  • This pattern — exercising options and then selling the resulting shares (reported here) — is commonly used to cover exercise costs, taxes, or to diversify; the presence of a 10b5-1 plan indicates the sales were preplanned and automated. These facts are descriptive and do not, by themselves, indicate the insider’s view on the company’s prospects.

Insider Transaction Report

Form 4
Period: 2026-06-15
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-15$8.45/sh+65,921$557,03279,662 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-15$16.75/sh+17,167$287,54796,829 total
  • Sale

    Common Stock

    [F1][F2]
    2026-06-15$66.62/sh88,737$5,911,2428,092 total
  • Sale

    Common Stock

    [F1][F3]
    2026-06-15$67.14/sh1,503$100,9156,589 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    [F1][F4]
    2026-06-1565,92139,000 total
    Exercise: $8.45Exp: 2032-06-22Common Stock (65,921 underlying)
  • Exercise/Conversion

    Stock Option (Right to Buy)

    [F1][F5]
    2026-06-1517,16734,334 total
    Exercise: $16.75Exp: 2033-06-21Common Stock (17,167 underlying)
Footnotes (5)
  • [F1]This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 16, 2026.
  • [F2]Represents the weighted average sale price of the shares sold from $66.10 to $67.095 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote.
  • [F3]Represents the weighted average sale price of the shares sold from $67.10 to $67.20 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions within the range set forth in this footnote.
  • [F4]1/3rd of the shares underlying the option will vest on June 22, 2023; thereafter, 1/3rd of the remaining underlying shares will vest on an annual basis, so that all of the underlying shares will be vested on the June 22, 2025, subject to the optionee's continued service on the Board of Directors of the Company.
  • [F5]1/3rd of the shares underlying the option will vest on June 21, 2024; thereafter, 1/3rd of the underlying shares will vest on an annual basis, so that all of the underlying shares will be vested on June 21, 2026, subject to the optionee's continued service on the Board of Directors of the Company.
Signature
/s/ Will Solis, Attorney-in-Fact|2026-06-17

Documents

4 files
  • 4
    wk-form4_1781729104.xmlPrimary

    FORM 4

  • EX-24
  • GRAPHIC
    bbio-poaforsection16repo001.jpg
  • GRAPHIC
    bbio-poaforsection16repo002.jpg