Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-19 · Built: 2026-10-19 · 中文

← United States · Coverage record

US · SEC FORM 4

Trevi Therapeutics, Inc.

TRVI · Nasdaq · CIK 0001563880 · Healthcare · Biotechnology

INSIDER SIGNAL

No active buy signal

0 qualifying P purchase groups
in the current 180-day scoring window

5 Form 4 transaction lines observed in the same window
3 sales · 2 option, withholding, award, gift or other lines

Last qualifying purchase2022-04-11 · Walker Paul Edward · $6.8M

WHY NO ACTIVE SIGNAL?

Purchase activityNone
Recent buyingNone
Recent salesLow
Buy signal statusInactive
Score anatomy

No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.

ClusterNot calculated
Purchase sizeNot calculated
RoleNot calculated
RecencyNot calculated
ConvictionNot calculated

Why is there no score?

  • No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
  • Sales and other Form 4 activity remain visible as context and do not create a negative score.

Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.

Purchase breadth, concentration & cluster buying

These modules activate when qualifying purchases enter the 180-day research window.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Heffernan Michael ThomasDirector
○▼
● Purchase▼ Sale○ Other

—

SIGNAL HISTORY

No recorded active-signal snapshot

Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2022-04-11 · Walker Paul Edward.

Recent Form 4 activity

0Purchases
3Sales
3Other Form 4 lines
2SEC filings · 365 days
BUYING0 qualifying P line(s) · 180 days
SELLING3 sale line(s) · context only
OTHER2 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
14,639,150
Previous report
12,070,625
Avg daily volume
1,756,639
Days to cover
8.3

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2022-04-11Walker Paul EdwardPurchase (P)Common Stock3,580,526USD 1.90USD 6,802,999SEC filing ↗
2022-04-11Sonsini Peter W.Purchase (P)Common Stock3,580,526USD 1.90USD 6,802,999SEC filing ↗
2022-04-11SANDELL SCOTT DPurchase (P)Common Stock3,580,526USD 1.90USD 6,802,999SEC filing ↗
2022-04-11NEA 16 GP, LLC; NEA Partners 16, L.P.; New Enterprise Associates 16, L.P.Purchase (P)Common Stock2,631,578USD 1.90USD 4,999,998SEC filing ↗
2022-04-11Makhzoumi MohamadPurchase (P)Common Stock3,580,526USD 1.90USD 6,802,999SEC filing ↗
2022-04-11Florence Anthony A. Jr.Purchase (P)Common Stock3,580,526USD 1.90USD 6,802,999SEC filing ↗
2022-04-11Chang CarmenPurchase (P)Common Stock3,580,526USD 1.90USD 6,802,999SEC filing ↗
2022-04-11Behbahani AliPurchase (P)Common Stock3,580,526USD 1.90USD 6,802,999SEC filing ↗
2022-04-11BASKETT FORESTPurchase (P)Common Stock2,631,578USD 1.90USD 4,999,998SEC filing ↗
2021-10-18Walker Paul EdwardPurchase (P)Common Stock1,851,852USD —USD —SEC filing ↗
2021-10-18Sonsini Peter W.Purchase (P)Common Stock1,851,852USD —USD —SEC filing ↗
2021-10-18SANDELL SCOTT DPurchase (P)Common Stock1,851,852USD —USD —SEC filing ↗
2021-10-18NEA 16 GP, LLC; NEA Partners 16, L.P.; New Enterprise Associates 16, L.P.Purchase (P)Common Stock1,851,852USD —USD —SEC filing ↗
2021-10-18Makhzoumi MohamadPurchase (P)Common Stock1,851,852USD —USD —SEC filing ↗
2021-10-18Florence Anthony A. Jr.Purchase (P)Common Stock1,851,852USD —USD —SEC filing ↗

Form 4 evidence

6 transaction lines in the latest 365-day window; 129 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-15Heffernan Michael ThomasSale (S)Common Stock39,373USD 15.09USD 594,218SEC filing ↗
2026-09-15Heffernan Michael ThomasOption exercise / conversion (M)Common Stock39,473USD 3.19USD 126,103SEC filing ↗
2025-12-02Galletta ChristopherOption exercise / conversion (M)Common Stock4,225USD 0.51USD 2,155SEC filing ↗
Show recent Form 4 evidence (3 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-15Heffernan Michael ThomasSale (S)Common Stock39,373USD 15.09USD 594,218SEC filing ↗
2026-09-15Heffernan Michael ThomasOption exercise / conversion (M)Common Stock39,473USD 3.19USD 126,103SEC filing ↗
2025-12-02Galletta ChristopherOption exercise / conversion (M)Common Stock4,225USD 0.51USD 2,155SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-19
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerTRVI
CIK0001563880
SectorHealthcare
IndustryBiotechnology Yahoo Finance
SEC SIC2834 Pharmaceutical Preparations
ExchangeNasdaq

Data coverage

Local Form 4 history129 transaction lines from 2020-04-03 to 2026-09-15
25 P purchase lines · 47 S sale lines · 57 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-19. Mapping status is an audit field and does not erase SEC filing evidence.