TALPHERA CEO surrenders shares for tax withholding
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Form Type
4
Rhea-AI Filing Summary
TALPHERA, INC. CEO Vincent J. Angotti reported a routine tax-related share disposition. On April 2, 2026, he surrendered 9,938 shares of common stock at $0.7223 per share to the company to cover required tax withholdings from vesting RSUs. After this transaction, he directly holds 790,767 shares of TALPHERA common stock.
Insider Trade Summary
Exercise Price or Tax Liability: 9,938 shares
Exercise Price or Tax Liability
1 txn
Insider
Angotti Vincent J.
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,938 | $0.7223 | $7K |
Holdings After Transaction:
Common Stock — 790,767 shares (Direct)
Footnotes (1)
- F1. Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due to the vesting of RSUs.
Key Figures
Shares surrendered for tax withholding: 9,938 shares
Reported price per share: $0.7223 per share
Shares held after transaction: 790,767 shares
3 metrics
Shares surrendered for tax withholding
9,938 shares
Common Stock, transaction code F on April 2, 2026
Reported price per share
$0.7223 per share
Value used for the tax-withholding disposition
Shares held after transaction
790,767 shares
Direct ownership by CEO following Form 4 event
Key Terms
tax withholdings, RSUs, tax-withholding disposition, Common Stock
4 terms
tax withholdings financial
"Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due to the vesting of RSUs."
RSUs financial
"due to the vesting of RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TALPHERA (TLPH) disclose for Vincent J. Angotti?
TALPHERA disclosed that CEO Vincent J. Angotti surrendered 9,938 shares of common stock to the company. This was a tax-withholding disposition related to the vesting of restricted stock units, rather than an open-market trade, and is a routine administrative event.
Was the TALPHERA (TLPH) CEO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were surrendered back to TALPHERA to cover required tax withholdings arising from RSU vesting, which is a common administrative mechanism for equity compensation.
What does transaction code F mean in the TALPHERA (TLPH) CEO’s Form 4?
Transaction code F on the Form 4 indicates shares delivered to satisfy tax obligations or exercise costs. Here, 9,938 TALPHERA shares were surrendered to cover tax withholdings upon RSU vesting, so it is not classified as a regular market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
