ASADORIAN RAFFI 4

What Happened
Raffi Asadorian, Chief Financial Officer of TALPHERA, surrendered 2,444 shares on April 2, 2026 to satisfy tax withholding related to vested restricted stock units (RSUs). The filing shows a per-share value of $0.72, for a total of approximately $1,765. This was a disposition to cover taxes (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-04-02 (Period of Report). Filing date: 2026-04-03.
• Transaction type/code: F — shares surrendered for tax withholding due to RSU vesting.
• Shares and value: 2,444 shares at $0.72 each; total ~$1,765.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — reporting person surrendered shares to the issuer to pay required tax withholdings on RSU vesting.
• Timeliness: Filing appears timely (filed the day after the transaction); no late-filing indication in provided data.

Context
This was a routine net settlement/tax-withholding event tied to RSU vesting, not a market sale intended to realize proceeds. Such transactions are common when companies allow share withholding instead of cash payment for taxes and generally do not by themselves indicate a change in insider sentiment.