Talphera director granted RSUs and stock options

TALPHERA, INC. director Marina Bozilenko received equity compensation in the form of restricted stock units and stock options.

Rhea-AI Filing Summary

TALPHERA, INC. director Marina Bozilenko received equity compensation in the form of restricted stock units and stock options. She was granted 5,100 restricted stock units, each representing one share of common stock, all vesting on the first anniversary of the grant date, subject to her continuous service.

She was also granted options to purchase 30,700 shares of common stock at an exercise price of $0.98 per share, with 100% of the option shares vesting on the one-year anniversary of the grant date, also contingent on continued service. Following these awards, she directly holds 14,147 shares of common stock and 30,700 options.

Insider Trade Summary

Grant/Award: 35,800 shares

Grant/Award 2 txns

Insider Bozilenko Marina

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	30,700	$0.00	$0.00
Grant/Award	Common Stock	5,100	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 30,700 contracts (Direct); Common Stock — 14,147 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
2. F2. 100% of the restricted stock units shall vest on the first anniversary of the grant date, subject to Reporting Person's continuous service to the Company.
3. F3. 100% of the shares subject to the option shall vest on the one-year anniversary of the grant date, subject to the Reporting Person's continuous service to the Company.

Key Figures

Restricted stock units granted: 5,100 units Stock options granted: 30,700 options Option exercise price: $0.98 per share +5 more

8 metrics

Restricted stock units granted 5,100 units Equity award to director on grant date

Stock options granted 30,700 options Right to buy TALPHERA common stock

Option exercise price $0.98 per share Strike price for 30,700 stock options

Shares held after grant 14,147 shares Common stock directly owned post‑transaction

Option shares underlying 30,700 shares Common stock underlying the new options

RSU vesting schedule 100% after one year Subject to continuous service to the company

Option vesting schedule 100% after one year Subject to continuous service to the company

Option expiration June 21, 2036 Expiration date of stock option grant

Key Terms

restricted stock unit, continuous service, Stock Option (Right to Buy), exercise price, +1 more

5 terms

restricted stock unit financial

"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

continuous service financial

"subject to Reporting Person's continuous service to the Company."

Stock Option (Right to Buy) financial

"Stock Option (Right to Buy)"

exercise price financial

"conversion_or_exercise_price: "0.9800""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vest financial

"100% of the shares subject to the option shall vest on the one-year anniversary of the grant date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did TALPHERA (TLPH) director Marina Bozilenko receive?

Marina Bozilenko received 5,100 restricted stock units and options on 30,700 shares of TALPHERA common stock. These awards are compensation grants rather than market purchases and are tied to her continued service with the company.

What are the vesting terms of Marina Bozilenko’s TALPHERA (TLPH) restricted stock units?

All 5,100 restricted stock units vest 100% on the first anniversary of the grant date. Vesting is conditioned on Marina Bozilenko’s continuous service to TALPHERA, meaning she must remain with the company through that one-year period.

What are the details of Marina Bozilenko’s TALPHERA (TLPH) stock option grant?

She was granted options on 30,700 TALPHERA common shares at an exercise price of $0.98 per share. The entire option grant vests on the one-year anniversary of the grant date, subject to her continuous service with the company until that date.

How many TALPHERA (TLPH) shares does Marina Bozilenko own after these grants?

After the grants, Marina Bozilenko directly holds 14,147 shares of TALPHERA common stock. In addition, she holds options covering 30,700 shares, which she may choose to exercise after the options vest, subject to applicable terms.

Are Marina Bozilenko’s TALPHERA (TLPH) Form 4 transactions open-market buys or sales?

The Form 4 transactions are equity compensation grants, not open-market buys or sales. They consist of restricted stock units and stock options awarded at no cash cost per share on the grant date, with vesting based on continued service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 05:09 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Bozilenko Marina

(Last) (First) (Middle)

C/O TALPHERA, INC.

1850 GATEWAY DRIVE, SUITE 175

(Street)

SAN MATEO CALIFORNIA 94404

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TALPHERA, INC. [ TLPH ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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(1)	06/22/2026		A		5,100(2)	A	$0	14,147	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
Stock Option (Right to Buy)	$0.98	06/22/2026		A		30,700		(3)	06/21/2036	Common Stock	30,700	$0	30,700	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

2. 100% of the restricted stock units shall vest on the first anniversary of the grant date, subject to Reporting Person's continuous service to the Company.

3. 100% of the shares subject to the option shall vest on the one-year anniversary of the grant date, subject to the Reporting Person's continuous service to the Company.

	/s/ Martha Adler, Attorney-in-Fact	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)