Meckler Jeffrey A 4
4 · Travere Therapeutics, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Travere (TVTX) Director Jeffrey Meckler Receives 16,000-Share Award
What Happened Jeffrey A. Meckler, a director of Travere Therapeutics, received equity awards on May 19, 2026. The Form 4 shows two awards (transaction code A): 4,000 shares of common stock acquired at $0.00 and 12,000 derivative shares acquired at $0.00, for a total of 16,000 shares granted as part of the company's director compensation program. These were compensation awards (not purchases or sales).
Key Details
- Transaction date: 2026-05-19; Form 4 filed 2026-05-21 (appears timely).
- Reported acquisition price: $0.00 for both grants (compensation awards).
- Shares granted: 4,000 shares (direct) + 12,000 derivative shares = 16,000 total.
- Shares owned after the transaction: not specified in the filing.
- Footnotes: F1 — automatic equity grant under the Issuer's 2018 Equity Incentive Plan for non‑employee directors; F2 — the equity award vests over a one‑year period.
- Transaction code: A = Award/Grant.
Context These awards are standard non‑employee director equity compensation and should be viewed as compensation rather than a market purchase or sale. The 12,000 derivative shares are an equity award that converts to common stock upon vesting (per the filing); vesting is over one year. Such grants are routine for boards and do not, by themselves, indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-19+4,000→ 91,500 total - Award
Stock option (right to buy)
[F1][F2]2026-05-19+12,000→ 12,000 totalExercise: $42.26From: 2027-05-19Exp: 2036-05-19→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]Automatic equity grant under the Issuer's 2018 Equity Incentive Plan, as amended, pursuant to the non-employee director compensation program.
- [F2]The equity award vests over a one year period.