Savara Inc (SVRA) CEO details RSU tax share withholding and stock gift

Rhea-AI Filing Summary

Savara Inc director and chief executive officer Matthew Pauls reported two changes in his common stock holdings. On 12/14/2025, 195,705 shares of common stock were disposed of at $6.92 per share, representing shares withheld by the company to cover tax liabilities arising from the vesting of previously awarded restricted stock units. After this, he held 1,317,045 shares.

On 12/16/2025, he reported a disposition of 128,995 common shares at a price of $0.00, reflecting a transfer to the GP 2024 Trust, U/A dated 12/20/2024, for no consideration. He is not a trustee of the trust and does not retain investment or voting control over those shares, and disclaims beneficial ownership except to the extent of any pecuniary interest. Following this gift, he beneficially owns 1,188,050 Savara common shares directly.

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

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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^*

Pauls Matthew

(Last) (First) (Middle)

ONE SUMMIT SQUARE,

1717 LANGHORNE NEWTOWN ROAD, SUITE 300

(Street)

LANGHORNE PA 19047

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Savara Inc [ SVRA ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
12/14/2025

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	12/14/2025	12/14/2025	F		195,705(1)	D	$6.92	1,317,045	D
Common Stock	12/16/2025	12/16/2025	G		128,995(2)	D	$0.00	1,188,050	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 shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of previously awarded restricted stock units.

2. On December 16, 2025, the reporting person transferred 128,995 shares of Common Stock to GP 2024 Trust, U/A Dated, 12/20/2024, for no consideration. The reporting person is not a trustee and does not retain investment or voting control over the shares. Following the gift, the reporting person disclaims beneficial ownership of the shares held by the trust and reports beneficial ownership herein only to the extent of any pecuniary interest, if any.

	/s/ David Lowrance as attorney-in-fact for Matthew Pauls	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider stock transactions did Savara Inc (SVRA) report for Matthew Pauls?

The filing shows that Matthew Pauls, Savara Inc’s director and chief executive officer, reported two transactions in common stock: a tax-related share withholding on 12/14/2025 and a stock transfer to a trust on 12/16/2025.

Why were 195,705 Savara Inc shares disposed of on 12/14/2025?

The 195,705 shares disposed of on 12/14/2025 were shares withheld by Savara Inc in connection with Matthew Pauls’ net share settlement to satisfy tax liability arising from the vesting of previously awarded restricted stock units.

What happened to the 128,995 Savara Inc shares on 12/16/2025?

On 12/16/2025, Matthew Pauls transferred 128,995 shares of Savara common stock to the GP 2024 Trust, U/A dated 12/20/2024, for no consideration, as reported in the filing.

Does Matthew Pauls retain control over the Savara shares held by the GP 2024 Trust?

The filing states that Matthew Pauls is not a trustee of the GP 2024 Trust and does not retain investment or voting control over the transferred shares. He disclaims beneficial ownership of the trust’s shares, except to the extent of any pecuniary interest, if any.

How many Savara Inc shares does Matthew Pauls beneficially own after these transactions?

After the reported transactions, Matthew Pauls beneficially owns 1,188,050 shares of Savara Inc common stock directly, as shown in the ownership column of the filing.

What is Matthew Pauls’ role at Savara Inc?

According to the filing, Matthew Pauls is both a director of Savara Inc and an officer, serving as the company’s chief executive officer.