BridgeBio (BBIO) CEO’s family trusts sell 80,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Pharma CEO Neil Kumar reported insider sales executed by family trusts holding company stock. On March 12–13, 2026, trusts for which he is co‑trustee sold a total of 80,000 shares of BridgeBio common stock in open‑market transactions at prices around the high‑$60s to about $70.18 per share.
After these sales, one family irrevocable trust held 635,686 shares, a revocable trust held 4,438,447 shares, and Kumar also reported 234,451 shares held directly. The transactions were carried out under a pre‑arranged Rule 10b5‑1 sales plan, and Kumar disclaimed beneficial ownership of the trust‑held shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 80,000 shares ($5,501,068)
Net Sell
11 txns
Insider
Kumar Neil
Role
Chief Executive Officer
Sold
80,000 shs ($5.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,690 | $68.3634 | $662K |
| Sale | Common Stock | 10,310 | $69.1997 | $713K |
| Sale | Common Stock | 10,241 | $68.3864 | $700K |
| Sale | Common Stock | 9,759 | $69.2251 | $676K |
| Sale | Common Stock | 14,337 | $68.4808 | $982K |
| Sale | Common Stock | 5,363 | $69.3176 | $372K |
| Sale | Common Stock | 300 | $70.15 | $21K |
| Sale | Common Stock | 13,885 | $68.4686 | $951K |
| Sale | Common Stock | 5,815 | $69.2913 | $403K |
| Sale | Common Stock | 300 | $70.15 | $21K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 645,996 shares (Indirect, By Kumar Haldea Family Irrevocable Trust, of which the Reporting Person is a co-trustee.);
Common Stock — 234,451 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 31, 2025. Represents the weighted average sale price of the shares sold from $67.935 to $68.93 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. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed to be an admission that such shares are beneficially owned by the Reporting Person for Section 16 or any other purpose. Represents the weighted average sale price of the shares sold from $68.94 to $69.88 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. Represents the weighted average sale price of the shares sold from $70.1 to $70.18 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. Represents the weighted average sale price of the shares sold from $67.935 to $68.92 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. Represents the weighted average sale price of the shares sold from $68.94 to $69.81 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. Represents the weighted average sale price of the shares sold from $67.76 to $68.74 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. Represents the weighted average sale price of the shares sold from $68.76 to $69.54 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. Represents the weighted average sale price of the shares sold from $67.82 to $68.81 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. Represents the weighted average sale price of the shares sold from $68.82 to $69.55 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.
FAQ
What insider activity did BridgeBio (BBIO) report for CEO Neil Kumar?
BridgeBio reported that CEO Neil Kumar’s associated trusts sold 80,000 shares of common stock. These open‑market sales on March 12–13, 2026 were executed under a pre‑arranged Rule 10b5‑1 trading plan and involved only indirect trust holdings.
Were the BridgeBio (BBIO) insider sales part of a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were executed under a Rule 10b5‑1 sales plan adopted on March 31, 2025. Such plans are pre‑scheduled arrangements intended to allow insiders to sell shares over time in a systematic manner.