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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,786 shares
Net Buy
2 txns
Insider
Haimovitz Jules
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-statutory Stock Option | 10,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,786 | $0.00 | $0.00 |
Holdings After Transaction:
Non-statutory Stock Option — 10,000 shares (Direct);
Common Stock — 152,692 shares (Direct)
Footnotes (1)
- F1. 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.
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"
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