AI assistant
Teva Pharmaceutical Industries Ltd. — Director's Dealing 2025
Feb 19, 2025
7082_rns_2025-02-19_f0f39acd-4892-4df9-9a0e-bb30656d8a90.pdf
Director's Dealing
Open in viewerOpens in your device viewer
| FORM 4 | OMB APPROVAL | |||||
|---|---|---|---|---|---|---|
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. (Print or Type Responses) |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
OMB Number: Estimated average burden hours per response |
3235-0287 0.5 |
|||
| 1. Name and Address of Reporting Person * Francis Richard D. |
2. Issuer Name and Ticker or Trading Symbol Teva Pharmaceutical Industries Limited [ TEVA ] |
5. Relationship of Reporting Person(s) to Issuer _____ Director |
(Check all applicable) _____ 10% Owner |
|||
| (Last) (First) C/O Teva Pharmaceutical Industries Ltd. 124 Dvora HaNevi'a St., |
(Middle) | 3. Date of Earliest Transaction (Month/Day/Year) 02/15/2025 |
__ X __ Officer (give title below) _____ Other (specify below) President and CEO |
|||
| (Street) Tel Aviv, L3 6944020 |
4. If Amendment, Date Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
(City) (State) (Zip)
| 1.Title of Security (Instr. 3) |
2. Transaction Date (Month /Day/Year) |
2A. Deemed Execution Date, if any (Month/Day /Year) |
3. Transaction Code (Instr. 8) |
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) |
6. Ownership Form: |
7. Nature of Indirect Beneficial |
|||
|---|---|---|---|---|---|---|---|---|---|---|
| Code | V | Amount | (A) or (D) |
Price | Direct (D) or Indirect (I) (Instr. 4) |
Ownership (Instr. 4) |
||||
| Ordinary Shares (1) | 02/15/2025 | M | 161,655 | A | (2) | 284,950 | D | |||
| Ordinary Shares (1) | 02/18/2025 | (3) S |
75,506 (4) |
D | \$ 16.9478 (5) |
209,444 | D |
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|
| ( e.g. , puts, calls, warrants, options, convertible securities) |
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month /Day/Year) |
3A. Deemed Execution Date, if any (Month/Day /Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially |
10. Ownership Form of Derivative Security: |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Code | V | (A) | (D) | Date Exercisable Expiration Date | Title | Amount or Number of Shares |
Owned Direct (D) Following or Indirect Reported (I) Transaction (Instr. 4) (s) (Instr. 4) |
||||||||
| Restricted Share Units |
(2) | 02/15/2025 | M | 161,655 | (6) | (6) | Ordinary Shares (1) |
161,655 | \$ 0 | 161,656 | D |
Explanation of Responses:
1. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
2. 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.
3. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2024.
4. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the restricted share units listed in Table II.
- 5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from \$16.885 to \$17.07, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- 6. Restricted share units were granted on February 15, 2023 with 161,655 vested on each of February 15, 2024 and February 15, 2025, and 161,656 vesting on February 15, 2026.
/s/ Dov Bergwerk as attorney-in-fact for Richard D. Francis 02/19/2025
Signature of Reporting Person ** Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.