Innoviva (INVA) grants RSUs and stock options to director Haimovitz

Rhea-AI Filing Summary

Haimovitz Jules reported acquisition or exercise transactions in this Form 4 filing.

Innoviva, Inc. director Jules Haimovitz received equity compensation in the form of restricted stock units and stock options. He was granted 9,786 shares of Common Stock as RSUs and 10,000 non-statutory stock options, each option exercisable at $22.9900 per share.

All of the RSUs and options vest 100% at the earlier of the next annual stockholder meeting or the one-year anniversary of the May 4, 2026 grant, subject to his continuous service as an Outside Director. Vesting accelerates upon death, disability, or a qualifying change in control under Innoviva’s 2026 Equity Incentive Plan. Following the stock award, Haimovitz directly holds 152,692 shares of Common Stock and 10,000 options.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Haimovitz Jules

Role null

Type	Security	Shares	Price	Value
Grant/Award	Non-statutory Stock Option	10,000	$0.00	--
Grant/Award	Common Stock	9,786	$0.00	--

Holdings After Transaction: Non-statutory Stock Option — 10,000 shares (Direct, null); Common Stock — 152,692 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 9,786 shares Options granted: 10,000 options Option exercise price: $22.9900 per share +4 more

7 metrics

RSUs granted 9,786 shares Common Stock RSUs granted to director on May 4, 2026

Options granted 10,000 options Non-statutory stock options granted on May 4, 2026

Option exercise price $22.9900 per share Conversion or exercise price for options into Common Stock

Shares after stock award 152,692 shares Common Stock directly held following RSU grant

Underlying shares 10,000 shares Common Stock underlying the non-statutory stock options

Option vesting date reference Sooner of next meeting or 1-year All RSUs and options vest at earlier of next annual meeting or one-year anniversary

Option expiration date May 3, 2036 Expiration date of Innoviva non-statutory stock options

Key Terms

restricted stock units ("RSUs"), non-statutory stock options ("Options"), Outside Director, change in control, +1 more

5 terms

restricted stock units ("RSUs") financial

"The Reporting Person was granted restricted stock units ("RSUs") and non-statutory stock options"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

non-statutory stock options ("Options") financial

"restricted stock units ("RSUs") and non-statutory stock options ("Options") upon the conclusion"

Outside Director financial

"subject to the Reporting Person's continuous service as an Outside Director through the applicable vesting date"

change in control financial

"in the event of a "change in control" (as defined in the Issuer's 2026 Equity Incentive Plan)"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

2026 Equity Incentive Plan financial

"as defined in the Issuer's 2026 Equity Incentive Plan), provided that the Reporting Person"

Form 4 Insider Transactions: What Each Field Means →

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^*

Haimovitz Jules

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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	05/04/2026		A		9,786(1)	A	$0	152,692	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
Non-statutory Stock Option	$22.99	05/04/2026		A		10,000		05/04/2027(1)	05/03/2036	Common Stock	10,000	$0	10,000	D

Explanation of Responses:

1. The Reporting Person was granted restricted stock units ("RSUs") and non-statutory stock options ("Options") upon the conclusion of the Issuer's 2026 annual meeting of stockholders. 100% of the RSUs and Options will vest at the sooner of the next annual stockholder meeting or the one-year anniversary of grant, subject to the Reporting Person's continuous service as an Outside Director through the applicable vesting date, with accelerated vesting upon the Reporting Person's death, disability, or in the event of a "change in control" (as defined in the Issuer's 2026 Equity Incentive Plan), provided that the Reporting Person has not experienced a termination prior to such "change in control," death or disability.

	/s/ Jules Haimovitz	05/06/2026
	** 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)