Teva (NYSE: TEVA) CFO converts 19,916 RSUs into ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teva Pharmaceutical Industries EVP and CFO Eliyahu Sharon Kalif acquired shares through vested equity awards. On March 5, 2026, he exercised 19,916 Restricted Share Units at $0.00 per unit, converting them into 19,916 Ordinary Shares.
Following the transactions, his reported direct holdings were 59,748 Restricted Share Units and 325,435 Ordinary Shares. The RSUs stem from a March 5, 2025 grant, with additional tranches of 19,916 units scheduled to vest on March 5 of 2027, 2028, and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,916 shares exercised/converted
Mixed
2 txns
Insider
Kalif Eliyahu Sharon
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 19,916 | $0.00 | -- |
| Exercise | Ordinary Shares | 19,916 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 59,748 shares (Direct);
Ordinary Shares — 325,435 shares (Direct)
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share. Restricted share units were granted on March 5, 2025, with 19,916 vested on March 5, 2026, and 19,916 vesting on each of March 5, 2027, March 5, 2028 and March 5, 2029.
FAQ
What insider transaction did Teva (TEVA) report for its CFO?
Teva reported that EVP and CFO Eliyahu Sharon Kalif exercised 19,916 Restricted Share Units into 19,916 Ordinary Shares at $0.00 per share. This reflects scheduled vesting from a prior equity grant rather than an open-market stock purchase or sale.