Innoviva CEO has 1,130 shares withheld for taxes

Innoviva, Inc. (INVA) reported an insider tax-related share withholding by Chief Executive Officer and director Pavel Raifeld.

Rhea-AI Filing Summary

Innoviva, Inc. (INVA) reported an insider tax-related share withholding by Chief Executive Officer and director Pavel Raifeld. On 2026-08-20, 1,130 shares of common stock were disposed of at $21.00 per share to satisfy income tax withholding obligations tied to the quarterly vesting of previously granted equity awards. Following this withholding transaction, Raifeld directly owned 284,799 shares of Innoviva common stock.

Insider Trade Summary

Tax Withholding: 1,130 shares

Tax Withholding 1 txn

Insider Raifeld Pavel

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	1,130	$21.00	$24K

Holdings After Transaction: Common Stock — 284,799 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: 1,130 shares of Common Stock Per-share value used for withholding: $21.00 per share Shares owned after transaction: 284,799 shares of Common Stock

3 metrics

Shares disposed for tax withholding 1,130 shares of Common Stock Withheld on 2026-08-20 to satisfy income tax withholding obligations

Per-share value used for withholding $21.00 per share Applied to the 1,130 shares in the tax-withholding disposition

Shares owned after transaction 284,799 shares of Common Stock Direct holdings reported for Pavel Raifeld following the 2026-08-20 transaction

Key Terms

Form 4, tax-withholding disposition, income tax withholding obligations, employee equity grants

4 terms

Form 4 regulatory

"The Innoviva transaction was reported on a Form 4 insider filing"

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.

tax-withholding disposition financial

"The filing describes the event as a tax-withholding disposition coded "F""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

income tax withholding obligations financial

"Shares were withheld to satisfy income tax withholding obligations on vesting"

employee equity grants financial

"Obligations arose from the quarterly vesting of previously granted employee equity grants"

FAQ

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

What insider transaction did Innoviva (INVA) disclose for Pavel Raifeld?

Innoviva disclosed that CEO and director Pavel Raifeld had 1,130 shares of common stock withheld on 2026-08-20 to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity grants.

Was the Innoviva (INVA) Form 4 transaction a market sale by the CEO?

No. The Form 4 describes a tax-withholding disposition coded "F", where 1,130 shares were withheld by Innoviva to cover income tax obligations from vesting equity awards, rather than an open-market sale initiated by the CEO.

What price per share applied to the Innoviva (INVA) tax-withholding transaction?

The tax-withholding disposition for Innoviva common stock used a value of $21.00 per share for the 1,130 shares withheld to satisfy income tax obligations related to quarterly vesting of prior equity grants.

How many Innoviva (INVA) shares does CEO Pavel Raifeld hold after this Form 4 event?

After the reported tax-withholding transaction, CEO Pavel Raifeld directly held 284,799 shares of Innoviva common stock, as stated in the Form 4 following the 1,130-share disposition for tax withholding.

What does transaction code "F" mean in the Innoviva (INVA) Form 4?

Transaction code "F" on the Form 4 indicates payment of tax liability by delivering or withholding securities. For Innoviva, 1,130 shares were withheld by the issuer to satisfy income tax withholding obligations from vested equity awards.

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

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Available on EDGAR 08/24/2026 - 04:15 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^*

Raifeld Pavel

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive 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		1,130(1)	D	$21	284,799	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/ Pavel Raifeld	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)