KOVEN ANDREW I 4

What Happened

• Andrew I. Koven, a director of MetaVia Inc. (MTVA), received an award of 17,186 restricted stock units (RSUs) on June 8, 2026. The grant price is reported as $0.00 (this is a compensation award, not a purchase), so the reported acquisition value is $0. The RSUs vest on the earlier of June 8, 2027 or the day before MetaVia’s 2027 annual meeting, subject to his continued service. Under MetaVia’s Non-Employee Director Compensation Policy, Koven elected to defer receipt of the underlying shares until a change in control or within 60 days after retirement/separation or death.

Key Details

• Transaction date and filing date: June 8, 2026 (Form 4 filed the same day)
• Transaction type: A = Award/Grant (17,186 RSUs) at $0.00 per share; reported value $0
• Vesting: Earlier of June 8, 2027 or day before 2027 annual meeting, subject to continued service
• Deferral: Director elected to defer delivery of shares until a change in control or separation/retirement (per footnote)
• Shares owned after transaction: Not specified in the excerpt provided
• Adjustment note: Beneficial ownership totals were adjusted for MetaVia’s 1‑for‑11 reverse stock split on Dec 4, 2025
• Filing timeliness: Reported on the transaction date (no late‑filing indication)

Context

• RSU grants are a form of compensation and do not represent an immediate cash investment or sale. Because the award vests in the future and delivery is deferred under the director policy, this filing is primarily a disclosure of compensation rather than a directional insider trade.