Haimovitz Jules 4

What Happened
Jules Haimovitz, an Outside Director of Innoviva, was granted two equity awards on May 4, 2026: 9,786 restricted stock units (RSUs) and 10,000 non‑statutory stock options. Both awards are reported as acquired at $0 (no cash paid at grant). The options are derivative awards (not exercised); no immediate sale or purchase of shares occurred.

Key Details

• Transaction date: May 4, 2026; Form 4 filed May 6, 2026 (timely filing).
• Awards: 9,786 RSUs (reported at $0) and 10,000 stock options (derivative; reported at $0).
• Shares owned after transaction: Not specified in the provided excerpt of the filing—check the full Form 4 for holdings after the grant.
• Vesting (per footnote): 100% of the RSUs and options vest at the sooner of the next annual stockholder meeting or one year from grant, contingent on continuous service as an Outside Director; accelerated vesting upon death, disability, or a defined change in control (provided no termination before such event).
• Transaction code: A = Award/Grant. No tax withholding, sale, or exercise reported.

Context
This is a standard director compensation grant rather than a market purchase or sale. RSUs and unexercised options don’t represent immediately tradable shares until they vest (and options are exercised). Such awards are common for non‑employee directors and are compensation, not necessarily a signal of near‑term buying or selling intent. For full ownership, vesting schedule, and additional details, refer to the complete Form 4 filing (Accession No. 0001193125-26-209001).