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MetaVia (MTVA) director gets 17,186 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Salsbury Michael reported acquisition or exercise transactions in this Form 4 filing.

MetaVia Inc. director Michael Salsbury received a grant of 17,186 restricted stock units under the company’s Amended and Restated 2022 Equity Incentive Plan. These RSUs vest on the earlier of June 8, 2027 or the day immediately prior to MetaVia’s 2027 annual stockholder meeting, contingent on his continued service.

Under the company’s non-employee director compensation policy, Salsbury elected to defer settlement of the RSUs into common shares until the earlier of just before a Change in Control, or within 60 days after his retirement, other separation from service, or death. Following this award, he beneficially owns 21,338 shares. The filing also notes prior adjustment of his holdings for a 1-for-11 reverse stock split completed on December 4, 2025.

Positive

  • None.

Negative

  • None.
Insider Salsbury Michael
Role null
Type Security Shares Price Value
Grant/Award Common Stock 17,186 $0.00 --
Holdings After Transaction: Common Stock — 21,338 shares (Direct, null)
Footnotes (1)
  1. Represents a grant of restricted stock units issued to the Reporting Person under the Issuer's Amended and Restated 2022 Equity Incentive Plan, which vests on the earlier of June 8, 2027 or the day immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continuing service on the applicable vesting date. In accordance with the terms of the Issuer's Amended and Restated Non-Employee Director Compensation Policy (the "Policy"), the Reporting Person elected to defer receipt of the shares of common stock upon the vesting of the RSUs until the earlier of the date that is (i) immediately prior to a Change in Control (as described in the Policy), or (ii) within 60 days following the Reporting Person's retirement or other separation from service with the Issuer or death, whichever is earlier. The total 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.
RSU grant 17,186 units Restricted stock units granted to director on June 8, 2026
Vesting date June 8, 2027 RSUs vest on the earlier of this date or just before 2027 meeting
Post-grant holdings 21,338 shares Total MetaVia common stock beneficially owned after the award
Reverse split ratio 1-for-11 Reverse stock split completed on December 4, 2025
restricted stock units financial
"Represents a grant of restricted stock units issued to the Reporting Person under the Issuer's Amended and Restated 2022 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2022 Equity Incentive Plan financial
"restricted stock units issued to the Reporting Person under the Issuer's Amended and Restated 2022 Equity Incentive Plan"
Change in Control financial
"immediately prior to a Change in Control (as described in the Policy)"
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.
reverse stock split financial
"adjusted to reflect the Issuer's completion of a 1-for-11 reverse stock split on December 4, 2025"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Salsbury Michael
(Last)(First)(Middle)
C/O METAVIA INC.
545 CONCORD AVENUE, SUITE 210
(Street)
CAMBRIDGE MASSACHUSETTS 02138
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
MetaVia Inc. [ MTVA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026A17,186(1)A$021,338(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of restricted stock units issued to the Reporting Person under the Issuer's Amended and Restated 2022 Equity Incentive Plan, which vests on the earlier of June 8, 2027 or the day immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continuing service on the applicable vesting date. In accordance with the terms of the Issuer's Amended and Restated Non-Employee Director Compensation Policy (the "Policy"), the Reporting Person elected to defer receipt of the shares of common stock upon the vesting of the RSUs until the earlier of the date that is (i) immediately prior to a Change in Control (as described in the Policy), or (ii) within 60 days following the Reporting Person's retirement or other separation from service with the Issuer or death, whichever is earlier.
2. The total 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.
/s/ Phillip Torrence, by Power of Attorney06/08/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MetaVia (MTVA) report for Michael Salsbury?

MetaVia reported that director Michael Salsbury received 17,186 restricted stock units as a compensation grant. The award was made under the Amended and Restated 2022 Equity Incentive Plan and increases his total beneficial ownership to 21,338 shares after the transaction.

When do Michael Salsbury’s 17,186 MetaVia (MTVA) RSUs vest?

The 17,186 restricted stock units vest on the earlier of June 8, 2027 or the day immediately before MetaVia’s 2027 annual stockholder meeting. Vesting remains subject to Salsbury’s continued service with the company through the applicable vesting date.

Did Michael Salsbury buy or sell MetaVia (MTVA) shares in this Form 4?

The Form 4 reports an acquisition through a grant, not a market trade. Salsbury received 17,186 restricted stock units as director compensation, coded as transaction type A (grant or award), with no open-market purchase or sale of MetaVia common stock disclosed.

How many MetaVia (MTVA) shares does Michael Salsbury own after this grant?

After the restricted stock unit grant, Salsbury beneficially owns 21,338 shares of MetaVia common stock. This total reflects adjustment for the company’s previously completed 1-for-11 reverse stock split noted in the filing’s footnotes.

How did MetaVia’s reverse stock split affect Michael Salsbury’s holdings?

The filing notes that Salsbury’s total beneficial ownership was adjusted for MetaVia’s 1-for-11 reverse stock split completed on December 4, 2025. This means his reported share count incorporates the split ratio rather than pre-split share amounts.

What deferral election did Michael Salsbury make for his MetaVia (MTVA) RSUs?

Under MetaVia’s non-employee director compensation policy, Salsbury elected to defer receipt of common shares from the RSUs. Settlement will occur before a Change in Control or within 60 days after his retirement, separation from service, or death, whichever happens first.