Theravance Biopharma (TBPH) CFO receives 37,500-share equity grant in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sawaf Aziz reported acquisition or exercise transactions in this Form 4 filing.
Theravance Biopharma, Inc. reported that its SVP & Chief Financial Officer, Aziz Sawaf, received a grant of 37,500 Ordinary Shares on April 1, 2026. The shares were awarded at a stated price of $0.00 per share, reflecting compensation rather than a market purchase.
Following this award, Mr. Sawaf directly holds 353,623 Ordinary Shares of Theravance Biopharma. This filing records a stock-based compensation grant to a senior executive, not an open-market buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sawaf Aziz
Role
SVP & CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 37,500 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 353,623 shares (Direct)
Footnotes (1)
Key Figures
Share grant to CFO: 37,500 shares
Post-transaction holdings: 353,623 shares
Grant price per share: $0.00 per share
3 metrics
Share grant to CFO
37,500 shares
Ordinary Shares granted on April 1, 2026
Post-transaction holdings
353,623 shares
Ordinary Shares directly held after grant
Grant price per share
$0.00 per share
Award acquisition price for 37,500 Ordinary Shares
Key Terms
Ordinary Shares, grant/award acquisition, Form 4
3 terms
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Theravance Biopharma (TBPH) report for Aziz Sawaf?
Theravance Biopharma reported that SVP & Chief Financial Officer Aziz Sawaf received a grant of 37,500 Ordinary Shares. The award was recorded at $0.00 per share, indicating stock-based compensation rather than an open-market transaction.
Was the Theravance Biopharma (TBPH) insider transaction a market purchase or sale?
The transaction was a grant or award acquisition of 37,500 Ordinary Shares at $0.00 per share, not a market purchase or sale. It represents equity compensation to SVP & Chief Financial Officer Aziz Sawaf rather than trading activity.
What does the transaction code 'A' mean in the Theravance Biopharma (TBPH) Form 4?
The transaction code 'A' in the Form 4 indicates a grant, award, or other acquisition of shares. For Theravance Biopharma, it reflects 37,500 Ordinary Shares granted to SVP & Chief Financial Officer Aziz Sawaf as stock-based compensation.
Does the Aziz Sawaf Form 4 for Theravance Biopharma (TBPH) involve derivative securities?
No, the reported transaction involves non-derivative Ordinary Shares only. The filing shows a 37,500-share grant at $0.00 per share and a resulting direct holding of 353,623 shares, with no derivative positions listed in the derivative summary.