[Form 4] Theravance Biopharma, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Theravance Biopharma, Inc. (TBPH)11/19/2025, the reporting person made a gift of 9,900 ordinary shares and transferred the same number of shares into a custodial account under the Uniform Transfers to Minors Act, where the person serves as custodian and disclaims beneficial ownership of the grandchildren's shares. After this, 23,400 shares were held indirectly in the custodial account.
On 11/20/2025, 56,817 ordinary shares were withheld at a price of $17.9 per share to satisfy tax obligations from vesting restricted stock units in a transaction with the issuer. Following these transactions, the reporting person held 1,651,069 ordinary shares directly and 92,567 ordinary shares indirectly through a trust, in addition to the UTMA custodial holdings.
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FAQ
What insider transactions did Theravance Biopharma (TBPH) report on this Form 4?
The filing shows the Chief Executive Officer and director of Theravance Biopharma, Inc. (TBPH) reported a gift of 9,900 ordinary shares on 11/19/2025 to a Uniform Transfers to Minors Act custodial account and a withholding of 56,817 ordinary shares on 11/20/2025 to cover taxes on vested restricted stock units.
How many Theravance Biopharma (TBPH) shares does the reporting person own after these transactions?
After the reported transactions, the reporting person held 1,651,069 ordinary shares directly, 92,567 ordinary shares indirectly through a trust, and 23,400 ordinary shares indirectly as custodian of a Uniform Transfers to Minors Act account.
What was the purpose of the 56,817 Theravance Biopharma (TBPH) shares withheld on 11/20/2025?
The 56,817 ordinary shares withheld on 11/20/2025 were used to satisfy tax obligations arising from the vesting of previously granted restricted stock units, in a transaction with the issuer that did not involve an open market trade.
What is the nature of the 9,900 Theravance Biopharma (TBPH) shares transferred to a UTMA account?
The 9,900 ordinary shares were gifted by the reporting person to a Uniform Transfers to Minors Act (UTMA) custodial account for grandchildren. The reporting person serves as custodian and disclaims beneficial ownership of these shares.
What position does the reporting person hold at Theravance Biopharma (TBPH)?
The reporting person is both a director and the Chief Executive Officer of Theravance Biopharma, Inc.
Were any of the Theravance Biopharma (TBPH) insider transactions open market trades?
The explanation states that the 56,817-share withholding transaction was with the issuer to cover taxes and did not involve an open market transaction. The 9,900-share movement was a gift to a custodial account.