Theravance SVP granted 37,500 TBPH shares
Grimaud Brett A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Grimaud Brett A. reported acquisition or exercise transactions in this Form 4 filing.
Theravance Biopharma, Inc. executive Brett A. Grimaud, SVP, General Counsel and Secretary, 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 as compensation rather than a market purchase. Following this grant, his direct holdings increased to 371,949 Ordinary Shares, according to the filing.
Positive
- None.
Negative
- None.
Insights
Routine equity grant increases insider’s holdings without open‑market buying.
The filing shows Theravance Biopharma’s SVP and General Counsel received 37,500 Ordinary Shares as a share grant at $0.00 per share. This is a compensation-related award, not an open-market transaction, and therefore carries weaker signaling value than a discretionary share purchase.
After the grant, his direct holdings total 371,949 Ordinary Shares. With no derivative positions disclosed and no sales in this filing, the overall picture is an increase in equity exposure through standard executive compensation rather than a change driven by market trading decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 37,500 | $0.00 | $0.00 |
Key Figures
Key Terms
Grant, award, or other acquisition financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Theravance Biopharma (TBPH) report for Brett A. Grimaud?
Was the Theravance Biopharma (TBPH) insider transaction a buy or a grant?
What does transaction code "A" mean in the Theravance Biopharma (TBPH) Form 4?
Does the Theravance Biopharma (TBPH) Form 4 show any options or derivatives for Brett A. Grimaud?
AI-generated analysis. How Rhea-AI works. Not financial advice.