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TRVI · Trevi Therapeutics, Inc.
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TRVI Trevi Therapeutics (TRVI) Insider Trading, Ownership & Congress Trades

Pharma & Biotech · Pharmaceutical preparations · CIK 0001563880
Quote by TradingView
Form 144 · 1
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
131
13F, latest reported quarter
Conversions, 180 days
2
Codes C/M, not in net · $126.1K priced

What the filings say about TRVI

Insiders, 180 days
-$594.2K net sold
1 seller · 100% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$627.2K
1 notice

Trevi Therapeutics insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, Trevi Therapeutics, Inc. insiders sold a net $594.2K of stock across 62 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.

Insider
Filed
Shares
Value
Since filing
Heffernan Michael Thomas
Director
SELL
2026-09-17 SECtraded 2026-09-15
18,321
$276.5K
-10.7%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 284.0% of the 6,451 shares held after it.
  • No other insider sold within 30 days.
  • 131 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Heffernan Michael Thomas sold about $276.5K of TRVI under a 10b5-1 plan on Sep 15, 2026, the largest insider sale at the company since 2025; 131 funds added in the latest 13F quarter.
Heffernan Michael Thomas
Director
SELL
2026-09-17 SECtraded 2026-09-15
100
$1.6K
-10.7%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 1.6% of the 6,351 shares held after it.
  • No other insider sold within 30 days.
  • 131 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Heffernan Michael Thomas sold about $1.6K of TRVI under a 10b5-1 plan on Sep 15, 2026, the largest insider sale at the company since 2025; 131 funds added in the latest 13F quarter.
Heffernan Michael Thomas
Director
SELL
2026-09-17 SECtraded 2026-09-15
20,952
$316.2K
-10.7%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 324.8% of the 6,451 shares held after it.
  • No other insider sold within 30 days.
  • 131 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Heffernan Michael Thomas sold about $316.2K of TRVI under a 10b5-1 plan on Sep 15, 2026, the largest insider sale at the company since 2025; 131 funds added in the latest 13F quarter.
SCIASCIA THOMAS
Chief Scientific Officer
SELL
2025-03-26 SECtraded 2025-03-25
2,631
$17.4K
+104.6%
Context
  • 5 earlier Form 4 trades (code P or S) here by this insider (5 sales), the last on Aug 19, 2024.
  • The trade is 1.2% of the 221,373 shares held after it.
  • 2 other insiders sold within 30 days.
  • 131 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Scientific Officer SCIASCIA THOMAS sold about $17.4K of TRVI on Mar 25, 2025; 2 other insiders sold within 30 days and 131 funds added in the latest 13F quarter.
GOOD JENNIFER L
President & CEO
SELL
2025-03-25 SECtraded 2025-03-21
5,263
$34.6K
+106.3%
Context
  • 7 earlier Form 4 trades (code P or S) here by this insider (7 sales), the last on Sep 9, 2024.
  • The trade is 2.5% of the 213,313 shares held after it.
  • 2 other insiders sold within 30 days.
  • 131 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President & CEO GOOD JENNIFER L sold about $34.6K of TRVI on Mar 21, 2025; 2 other insiders sold within 30 days and 131 funds added in the latest 13F quarter.
62 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
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Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$594.2K over 180 days
-$594.2K over 90 days
below 57% of Pharma & Biotech
Congress
no House purchase disclosed in the last 12 months
Funds
131 funds bought in last quarter
more than 78% of Pharma & Biotech
Revenue
no revenue reported in any filing
Margin
no margin: no revenue reported
Buybacks
no share repurchases reported
Short interest
13.5% of the float short (float per yahoo 2026-10-27) · 4.5 days to cover · settled 2026-10-15
more than 76% of Pharma & Biotech
What changed in the last 30 days
Nothing new filed in the last 30 days

Watch TRVI

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+25.4%12M
-6%+24%+53%+83%2025-102025-122026-022026-042026-062026-082026-10 2026-09-15 · Heffernan Michael Thomas sold $316.2K2026-09-15 · Heffernan Michael Thomas sold $276.5K2026-09-15 · Heffernan Michael Thomas sold $1.6K2026-09-15 · MICHAEL HEFFERNAN filed to sell $627.2K
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns TRVI: institutional holders (13F)

13F holdings, latest reported quarter
NEA Management Company, LLC
13,222,228 sh
$246.6M
FMR LLC
12,562,839 sh
$234.3M
BlackRock, Inc.
11,155,026 sh
$208.0M
Frazier Life Sciences Management, L.P.
9,939,447 sh
$185.4M
WELLINGTON MANAGEMENT GROUP LLP
5,684,592 sh
$106.0M

Congress trades in TRVI

No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

TRVI planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
MICHAEL HEFFERNAN
Filed 2026-09-15
$627.2K

TRVI mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
F/m Emerald Life Sciences Innovation ETF
$3.3M position · as of 2026-05-31
3.1%
Eventide Healthcare & Life Sciences Fund
$49.6M position · as of 2026-06-30
2.8%
State Street(R) SPDR(R) S&P(R) Pharmaceuticals ETF
$9.1M position · as of 2026-06-30
2.1%
PROFUND VP PHARMACEUTICALS
$237.2K position · as of 2026-06-30
2.1%
AMG Frontier Small Cap Growth Fund
$1.8M position · as of 2026-07-31
2.0%
Direxion Daily Pharmaceutical & Medical Bull 3X Shares
$319.9K position · as of 2026-07-31
1.5%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Clinical pipeline
17 registered trials, 3 still running (ClinicalTrials.gov). A status change is dated here weeks before the press release.
6
Phase 1
0 active
4
Phase 2
1 active
2
Phase 3
2 active
5
Multi-phase
0 active
Matched by sponsor name. Trials run under a subsidiary's own name are not included.
Executive pay vs shareholder return
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$3.9M
$15.4M
$1.5M
+549%
n/a
2024
$2.6M
$5.0M
$1.3M
+113%
n/a
2023
$1.7M
$1.1M
$793.9K
-31%
n/a
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $594.2K sold by insiders over 180 days, 131 funds added last quarter, $627.2K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Backtest this pattern Open the screener
Same sector, ranked by filing activity
Sector by SEC SIC code
UTHRCPIXMRNAREGNLLYALNYMDGLCITRDNAVRTXNUVLTWST

TRVI financials

Ratios from the company's XBRL filings, latest filings
Revenue, TTM
n/a
fewer than four consecutive quarters of revenue filed
Net margin, TTM
n/a
needs four consecutive quarters of both revenue and net income
Free cash flow, TTM
-$52.9M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Debt to equity
n/a
no debt line filed
Cash flow to debt
n/a
no debt line filed
Return on equity
-19.7%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets
-19.0%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on capital employed
-22.9%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Enterprise value
n/a
no debt line filed
FCF yield
-2.8%
TTM free cash flow over market value at close 2026-10-27
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Price as of 2026-10-27. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Operating income-$49.3M-$51.5M-$33.9M-$29.9M
Net income-$42.8M-$47.9M-$29.1M-$29.2M
EPS (diluted)-0.32-0.47-0.29-0.45
Operating cash flow-$42.1M-$38.3M-$31.7M-$28.2M
Cash$18.9M$34.1M$32.4M$12.6M
SEC XBRL, fiscal years, as known on 2026-10-28

TRVI Stock Sonar score 4/7 axes

Find similar shapesCompare

TRVI ranks highest on institutional and government (78th percentile) and profitability (70th), and lowest on insider conviction (1st), among Pharma & Biotech peers.

Profitability
70
Inputs
  • Return on equity-19.7% · 72 pct, sector of 545
  • Return on assets-19.0% · 67 pct, sector of 691
  • Return on invested capitalpre-tax loss, no effective tax rate to apply
  • Return on capital employed-22.9% · 71 pct, sector of 576
Insider conviction
0
Inputs
  • Net Form 4 buying (codes P and S), 180dno Form 4 purchase or sale (code P or S) in 180 days
  • Insider buyers, 180d0 · 0 pct, sector of 438
Institutional and government
78
Inputs
  • Funds adding, latest quarter131 · 78 pct, sector of 698
  • Congress net buyers, 365dno Congress trades in 365 days
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
28
Inputs
  • Short interest, % of float+13.5% · 28 pct, sector of 816
  • Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
  • EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
  • New text in Risk Factors, latest 10-Kneeds two 10-Ks with a Risk Factors section (not 20-F filers or stubs)
3 not measured: Financial health, Growth, US patents
  • Financial health needs 1 of 2 inputs, 0 present: no debt line filed
  • Growth needs 1 of 2 inputs, 0 present: no backlog line filed, or no year-earlier backlog; no revenue for this year and the year before
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

TRVI filings, in plain words

Are Trevi Therapeutics insiders buying or selling TRVI?

In the 180 days to 2026-10-28, Trevi Therapeutics insiders were net sellers, a net $594.2K across purchases and sales reported on Form 4, by 1 seller.

Are there planned insider sales of TRVI?

Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-28, covering $627.2K of stock; the latest, by MICHAEL HEFFERNAN, was filed 2026-09-15.

Read the full summary

In the 180 days to 2026-10-28, Trevi Therapeutics insiders were net sellers of TRVI, a net $594.2K across purchases and sales reported on Form 4 by 1 seller. 100% of the 3 insider sales were made under a pre-arranged Rule 10b5-1 plan, so most selling was scheduled in advance. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-28, covering $627.2K of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.

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