Todisco Joseph 4

What Happened

• Joseph Todisco, a director of Talphera, Inc. (TLPH), received equity awards on 2026-06-22: 5,100 shares granted (acquired at $0.00) plus 30,700 derivative shares reported as restricted stock units (RSUs) (acquired at $0.00), for a total of 35,800 shares/units. These were equity compensation awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-22; Filing date: 2026-06-24.
• Price: $0.00 per share/unit (standard for grants/RSUs).
• Totals: 5,100 shares (direct grant) + 30,700 RSUs (derivative) = 35,800 total.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to receive one share of common stock.
  • F2: 100% of the restricted stock units vest on the first anniversary of the grant date, subject to continuous service.
  • F3: Notes a one-year vesting for option shares, but no option grant is reported in this filing.
• Timeliness: Filing appears timely (transaction 6/22; report filed 6/24).

Context

• The 30,700 derivative units are RSUs that convert to common shares only upon vesting (here, 100% vests after one year if the director remains in service). The grants were awarded at no cash cost to the director, typical for compensation.
• Equity awards to directors are routine compensation and do not, by themselves, indicate immediate insider sentiment to buy or sell shares.