Dasu Badri N 4

What Happened Dasu Badri N, Chief Engineering Officer of Talphera, surrendered 2,444 shares to the company on 2026-04-02 to satisfy tax withholding obligations tied to RSU vesting. The shares were valued at $0.72 each for a total of $1,765. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-04-02; filing date: 2026-04-03 (no late filing indicated in the provided record).
• Disposition: 2,444 shares surrendered at $0.72 per share; total value ~$1,765.
• Transaction code: F — shares surrendered to issuer to pay required tax withholdings.
• Footnote: F1 — reporting person surrendered shares to pay required tax withholdings due to RSU vesting.
• Shares owned after transaction: not specified in the provided filing.

Context This was a routine tax-withholding event tied to RSU vesting (often called a "share surrender" or cashless withholding). It does not represent a market sale that would signal buying/selling sentiment; rather, the company retained shares to cover payroll taxes owed upon vesting. Such transactions are common when RSUs vest and are generally administrative.