MetaVia (MTVA) CEO Kim Hyung Heon awarded 32,000 RSUs in equity grant

Rhea-AI Filing Summary

MetaVia Inc. insider activity: CEO and President Kim Hyung Heon, who also serves as a director of MetaVia Inc. (MTVA), received 32,000 shares of common stock on January 23, 2026 in a transaction coded "A" for acquisition at a price of $0 per share. The filing explains this represents a grant of restricted stock units under MetaVia's 2022 Amended and Restated Equity Incentive Plan, vesting 50% on each of the first and second anniversaries of the grant date, subject to continued service.

After this award, Kim Hyung Heon beneficially owns 37,545 shares of MetaVia common stock directly. The filing notes this ownership figure reflects MetaVia’s completed 1-for-11 reverse stock split on December 4, 2025.

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^*

Kim Hyung Heon

(Last) (First) (Middle)

C/O METAVIA INC.

545 CONCORD AVENUE, SUITE 210

(Street)

CAMBRIDGE MA 02138

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MetaVia Inc. [ MTVA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/23/2026		A		32,000(1)	A	$0	37,545(2)	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. Represents a grant of restricted stock units issued to the reporting person under the Issuer's 2022 Amended and Restated Equity Incentive Plan, which vests as to 50% on each of the first and second anniversaries of the grant date, subject to continuing service.

2. The number of securities beneficially owned has been adjusted to reflect the Issuer's completion of a 1-for-11 reverse stock split on December 4, 2025.

Remarks:

Exhibit 24: Power of Attorney is attached.

	/s/ Phillip Torrence, by Power of Attorney	01/27/2026
	** 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.

FAQ

What insider transaction did MetaVia Inc. (MTVA) report for January 23, 2026?

MetaVia Inc. reported that CEO, President, and director Kim Hyung Heon acquired 32,000 shares of common stock on January 23, 2026 in a transaction coded "A" for acquisition.

Was the MetaVia (MTVA) CEO stock acquisition a cash purchase?

No. The 32,000 common shares for Kim Hyung Heon were reported at a price of $0 per share and are described as a grant of restricted stock units under MetaVia’s 2022 Amended and Restated Equity Incentive Plan.

How do the new restricted stock units for MetaVia (MTVA) CEO vest?

The filing states the restricted stock units vest 50% on the first anniversary of the January 23, 2026 grant date and 50% on the second anniversary, subject to the CEO’s continuing service.

How many MetaVia (MTVA) shares does the CEO own after this Form 4 transaction?

Following the reported grant, CEO Kim Hyung Heon beneficially owns 37,545 shares of MetaVia common stock, held in direct ownership according to the filing.

Did MetaVia’s reverse stock split affect the CEO’s reported holdings?

Yes. The filing explains that the 37,545 shares beneficially owned by Kim Hyung Heon have been adjusted to reflect MetaVia’s 1-for-11 reverse stock split completed on December 4, 2025.

What equity plan was used for the MetaVia (MTVA) CEO restricted stock grant?

The restricted stock units granted to Kim Hyung Heon were issued under MetaVia’s 2022 Amended and Restated Equity Incentive Plan, as described in the Form 4 footnotes.