Innoviva CEO reports routine equity grant and tax withholding
Innoviva, Inc. Chief Executive Officer Pavel Raifeld reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Innoviva, Inc. Chief Executive Officer Pavel Raifeld reported routine equity compensation activity. On May 15, he acquired 1,123 shares of common stock at no cost through the Innoviva Employee Stock Purchase Plan. On May 20, 1,130 shares were withheld by Innoviva to cover income taxes on quarterly vesting of prior equity grants, leaving him holding 285,929 shares directly. These transactions reflect compensation and tax withholding, not open-market buying or selling.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Raifeld Pavel
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,130 | $22.24 | $25K |
| Grant/Award | Common Stock | 1,123 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 285,929 shares (Direct)
Holdings Before and After:
Common Stock, 285,936 to 285,929 shares (Direct)
Footnotes (2)
- F1. Includes 1,123 shares of common stock acquired under the Innoviva, Inc. Employee Stock Purchase Plan on May 15, 2026.
- F2. 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
ESPP shares acquired: 1,123 shares
Tax withholding shares: 1,130 shares
Withholding reference price: $22.24 per share
+2 more
5 metrics
ESPP shares acquired
1,123 shares
Common Stock acquired under Employee Stock Purchase Plan on May 15, 2026
Tax withholding shares
1,130 shares
Common Stock withheld to satisfy income tax obligations on May 20, 2026
Withholding reference price
$22.24 per share
Price used for tax-withholding disposition of 1,130 shares
Shares held after withholding
285,929 shares
Total Innoviva common shares directly held by Raifeld after May 20, 2026
Shares held after ESPP grant
287,059 shares
Direct holdings immediately following 1,123-share ESPP acquisition on May 15, 2026
Key Terms
Employee Stock Purchase Plan, income tax withholding obligations, quarterly vesting, grant, award, or other acquisition, +1 more
5 terms
Employee Stock Purchase Plan financial
"Includes 1,123 shares of common stock acquired under the Innoviva, Inc. Employee Stock Purchase Plan on May 15, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
income tax withholding obligations financial
"The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity grants."
quarterly vesting financial
"associated with the quarterly vesting of previously granted employee equity grants."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Innoviva (INVA) CEO Pavel Raifeld report on this Form 4?
Pavel Raifeld reported receiving 1,123 Innoviva shares via an employee stock purchase plan and a withholding of 1,130 shares for taxes. Both transactions are compensation-related and not open-market trading activity, reflecting routine equity awards and associated tax obligations.
Was the Innoviva (INVA) CEO’s Form 4 transaction an open-market sale or purchase?
The Form 4 shows no open-market sale or purchase. Raifeld acquired shares through a grant under the Employee Stock Purchase Plan and had shares withheld by Innoviva to cover tax obligations on vesting equity, a non-market, compensation-related disposition.
What does the tax withholding transaction mean in the Innoviva (INVA) Form 4?
The tax withholding transaction means Innoviva retained 1,130 shares otherwise due to Raifeld to pay income taxes on previously granted equity vesting. This F-code disposition is not a sale into the market but an administrative step to satisfy tax liabilities.
What is the Employee Stock Purchase Plan mentioned in the Innoviva (INVA) Form 4?
The Employee Stock Purchase Plan allowed Raifeld to acquire 1,123 Innoviva shares on May 15, 2026. Such plans typically let employees buy company stock on favorable terms, and here the shares are recorded as a grant with a reported price of zero per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
