Coyne Terrance P. 4
4 · Royalty Pharma plc · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Royalty Pharma (RPRX) CFO Terrance Coyne Receives Award 24,263 Shares
What Happened Terrance P. Coyne, Executive Vice President & Chief Financial Officer of Royalty Pharma plc (RPRX), received 24,263 Class A Ordinary Shares on May 6, 2026 as the settlement of equity performance awards. The shares were reported as acquired at $0.00 (grant/settlement), so no cash purchase was made.
Key Details
- Transaction date and terms: May 6, 2026 — Award/settlement of 24,263 Class A shares at $0.00.
- Filing date: Form 4 filed May 8, 2026 (reporting the May 6 transaction).
- Shares owned after transaction: Direct post-transaction share total is not specified on this Form 4.
- Notable holdings disclosed in remarks: the reporting person and family vehicles hold limited partnership interests exchangeable into 6,448,180 Class A Ordinary Shares (RPI US Partners 2019, LP) and Class E Ordinary Shares of Royalty Pharma Holdings Ltd exchangeable into 1,807,277 Class A Ordinary Shares (Class E shares are subject to vesting).
- Footnote: Acquisition is exempt under Rule 16b-3 and relates to settlement of Equity Performance Awards.
Context This was an equity award settlement (compensation), not an open-market purchase or sale — such grants are routine parts of executive pay and do not necessarily signal a personal investment decision. The Rule 16b-3 exemption is a common disclosure for insider compensation-related share issuances. The filing does not indicate any immediate cashless sale or transfer of these shares.
Insider Transaction Report
- Award
Class A Ordinary Shares
[F1]2026-05-06+24,263→ 64,399 total(indirect: By LLC)
- 24,170(indirect: By Spouse)
Class A Ordinary Shares
- 23,270(indirect: By IRA)
Class A Ordinary Shares
- 1,500
Class A Ordinary Shares
- 1,450(indirect: By Spouse)
Class A Ordinary Shares
Footnotes (1)
- [F1]Reflects the exempt acquisition by the Reporting Person pursuant to Rule 16b-3 of Class A Ordinary Shares of the Issuer in connection with the settlement of Equity Performance Awards.