Innoviva CAO has 1,127 shares withheld for taxes

Innoviva, Inc. (INVA) reported an insider equity-related transaction by Chief Accounting Officer Marianne Zhen.

Rhea-AI Filing Summary

Innoviva, Inc. (INVA) reported an insider equity-related transaction by Chief Accounting Officer Marianne Zhen. On 2026-08-20, 1,127 shares of common stock were disposed of at $21.00 per share through shares withheld by the company to satisfy income tax withholding obligations tied to quarterly vesting of previously granted employee equity grants. After this tax-withholding transaction, Zhen directly held 56,389 shares of Innoviva common stock.

Insider Trade Summary

Tax Withholding: 1,127 shares

Tax Withholding 1 txn

Insider Zhen Marianne

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	1,127	$21.00	$24K

Holdings After Transaction: Common Stock — 56,389 shares (Direct)

Footnotes (1)

1. F1. The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity grants.

Key Figures

Shares disposed for tax withholding: 1,127 shares Per-share value for withholding: $21.00 per share Shares held after transaction: 56,389 shares +2 more

5 metrics

Shares disposed for tax withholding 1,127 shares Common stock withheld on 2026-08-20 to satisfy income tax withholding obligations

Per-share value for withholding $21.00 per share Value applied to the 1,127 Innoviva common shares withheld

Shares held after transaction 56,389 shares Direct holdings of Marianne Zhen following the 2026-08-20 transaction

Form 4 transaction code Code F Payment of tax liability by delivering or withholding securities

Exercise price or tax-liability shares count 1,127 shares Total shares used in exercise-price-or-tax-liability category in this Form 4

Key Terms

Form 4, income tax withholding obligations, quarterly vesting, employee equity grants, +1 more

5 terms

Form 4 regulatory

"INVA disclosed the transaction in a Form 4 insider report"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

income tax withholding obligations financial

"to satisfy income tax withholding obligations associated with the quarterly vesting"

quarterly vesting financial

"associated with the quarterly vesting of previously granted employee equity grants"

employee equity grants financial

"quarterly vesting of previously granted employee equity grants"

Code F regulatory

"The Form 4 states the transaction was a Code F event"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did INVA disclose for Chief Accounting Officer Marianne Zhen?

INVA disclosed that Chief Accounting Officer Marianne Zhen had 1,127 shares of common stock withheld on 2026-08-20 to satisfy income tax withholding obligations associated with quarterly vesting of previously granted employee equity grants.

Was the INVA Form 4 transaction a market sale or tax withholding?

The Form 4 states the transaction was a Code F event, meaning shares were withheld by Innoviva to pay income tax withholding obligations related to vesting of equity awards, rather than an open-market sale.

At what price were the Innoviva (INVA) shares valued for the tax-withholding transaction?

The 1,127 Innoviva common shares used for tax withholding on 2026-08-20 were reported at a value of $21.00 per share, as disclosed in the Form 4 transaction details.

How many Innoviva (INVA) shares does Marianne Zhen hold after this Form 4 transaction?

Following the 1,127-share tax-withholding disposition, Chief Accounting Officer Marianne Zhen directly held 56,389 shares of Innoviva common stock, according to the post-transaction holdings figure in the Form 4.

Does the INVA Form 4 indicate trades under a Rule 10b5-1 trading plan?

The filing’s 10b5-1 checkbox is not affirmed (set to false), and the footnote describes the event as tax withholding on vested equity, with no reference to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 - 04:16 PM Accepted by SEC EDGAR 08/24/2026 - 04:15 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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 APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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.

1. Name and Address of Reporting Person^*

Zhen Marianne

(Last) (First) (Middle)

1350 OLD BAYSHORE HIGHWAY, SUITE 400

(Street)

BURLINGAME CALIFORNIA 94010

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Innoviva, Inc. [ INVA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/20/2026		F		1,127(1)	D	$21	56,389	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 Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity grants.

	/s/ Marianne Zhen	08/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)