Innoviva CFO has 558 shares withheld for taxes

Innoviva, Inc. (INVA) reported an insider transaction by Chief Financial Officer Stephen Basso.

Rhea-AI Filing Summary

Innoviva, Inc. (INVA) reported an insider transaction by Chief Financial Officer Stephen Basso. On August 20, 2026, 558 shares of common stock were disposed of at $21.00 per share to satisfy income tax withholding obligations related to the quarterly vesting of previously granted employee equity awards. Following this withholding, Basso beneficially owns 88,013 shares of Innoviva common stock held directly.

Insider Trade Summary

Tax Withholding: 558 shares

Tax Withholding 1 txn

Insider Basso Stephen

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	558	$21.00	$12K

Holdings After Transaction: Common Stock — 88,013 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 withheld for taxes: 558 shares Price per share: $21.00 per share Shares owned after transaction: 88,013 shares

3 metrics

Shares withheld for taxes 558 shares Common stock shares withheld on August 20, 2026 to satisfy income tax withholding obligations

Price per share $21.00 per share Value used for the 558-share tax-withholding disposition on August 20, 2026

Shares owned after transaction 88,013 shares Directly held Innoviva common stock beneficially owned by Stephen Basso following the transaction

Key Terms

income tax withholding obligations, quarterly vesting, employee equity grants

3 terms

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"

FAQ

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

What insider transaction did Innoviva (INVA) report for Stephen Basso?

Innoviva reported that CFO Stephen Basso had 558 shares of common stock withheld on August 20, 2026 at $21.00 per share to cover income tax withholding obligations from vesting of prior equity grants.

Was the Innoviva (INVA) Form 4 transaction an open-market sale?

No. The Form 4 states the 558 shares were withheld by Innoviva to satisfy income tax withholding obligations tied to quarterly vesting of previously granted employee equity awards, rather than sold in an open-market transaction.

How many Innoviva (INVA) shares does CFO Stephen Basso hold after this transaction?

After the tax-withholding disposition of 558 shares, CFO Stephen Basso beneficially owns 88,013 shares of Innoviva common stock, held directly, as reported in the Form 4.

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

Transaction code "F" on the Form 4 denotes payment of tax liability by delivering or withholding securities. For Innoviva, it reflects shares withheld to cover income tax obligations from vesting equity awards.

Was the Innoviva (INVA) Form 4 transaction under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnote explains the shares were withheld to satisfy income tax withholding obligations tied to vesting of employee equity grants.

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^*

Basso Stephen

(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 Financial 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		558(1)	D	$21	88,013	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/ Stephen Basso	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)