Director at Theravance Biopharma (TBPH) receives new share and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Theravance Biopharma director Donal O'Connor received new equity awards. On June 12, 2026, he was granted 6,009 Ordinary Shares at no cost, increasing his direct holdings to 80,213 Ordinary Shares.
He was also granted a share option for 13,398 Ordinary Shares at an exercise price of $16.64 per share, expiring on June 11, 2036. According to the vesting terms, 1/12 of the option shares vest after each continuous month of service following the grant date, with any remaining unvested shares vesting on the date of the next annual meeting of the company's shareholders, provided he remains in continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
O'Connor Donal
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 13,398 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 6,009 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 13,398 shares (Direct, null);
Ordinary Shares — 80,213 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Share grant: 6,009 Ordinary Shares
Total shares after grant: 80,213 Ordinary Shares
Option size: 13,398 shares
+3 more
6 metrics
Share grant
6,009 Ordinary Shares
Award to director Donal O'Connor on June 12, 2026
Total shares after grant
80,213 Ordinary Shares
Direct holdings following share award
Option size
13,398 shares
Share Option (Right to Buy) granted June 12, 2026
Option exercise price
$16.64 per share
Conversion or exercise price for new option
Option expiration
June 11, 2036
Expiration date of Share Option (Right to Buy)
Option vesting rate
1/12 per month
Portion of option shares vesting after each month of continuous service
Key Terms
Share Option (Right to Buy), Ordinary Shares, grant/award acquisition, continuous month of service, +1 more
5 terms
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
continuous month of service financial
"when optionee completes each continuous month of service following the grant date"
FAQ
What insider transaction did Theravance Biopharma (TBPH) report for Donal O'Connor?
Theravance Biopharma reported that director Donal O'Connor received new equity awards. He was granted 6,009 Ordinary Shares at no cost and a share option covering 13,398 Ordinary Shares as part of his compensation on June 12, 2026.
What are the key terms of Donal O'Connor's new stock option at Theravance Biopharma (TBPH)?
The new stock option covers 13,398 Ordinary Shares with an exercise price of $16.64 per share. It expires on June 11, 2036 and, if vested and exercised, would allow him to buy Theravance Biopharma shares at that fixed price.
How does the stock option granted to Donal O'Connor at Theravance Biopharma (TBPH) vest?
The option vests over time based on continued service. 1/12 of the shares subject to the option vest after each continuous month of service, and any remaining unvested shares vest on the date of the next annual shareholders’ meeting if he remains in continuous service.
Is Donal O'Connor’s Form 4 for Theravance Biopharma (TBPH) a market purchase or sale?
The Form 4 reflects grants/awards, not open-market trades. The code “A” indicates a grant, award, or other acquisition, so the 6,009-share award and 13,398-share option were received as compensation rather than bought or sold in the market.
What type of security is underlying Donal O'Connor’s new option in Theravance Biopharma (TBPH)?
The option is a Share Option (Right to Buy) that can convert into Ordinary Shares. It covers 13,398 underlying Ordinary Shares, which O'Connor may purchase at $16.64 per share if the option is vested and he chooses to exercise it.