TALPHERA, INC.·4

Jun 24, 5:09 PM ET

Bozilenko Marina 4

Research Summary

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Talphera (TLPH) Director Marina Bozilenko Receives Stock Awards

What Happened

  • Marina Bozilenko, a director of Talphera, was awarded equity on 2026-06-22. The Form 4 shows an acquisition of 5,100 shares at $0.00 and a separate derivative award of 30,700 restricted stock units (RSUs) at $0.00. The reported transactions are grants/awards (transaction code A), not open-market purchases or sales.

Key Details

  • Transaction date: 2026-06-22; Form 4 filed 2026-06-24 (appears timely).
  • Price: $0.00 for both the 5,100 shares and the 30,700 RSUs (common for compensation awards).
  • Shares owned after transaction: Not specified in the data provided in your prompt / not disclosed here.
  • Footnotes from the filing:
    • F1: Each RSU represents a contingent right to receive one share of common stock.
    • F2: The RSUs vest 100% on the first anniversary of the grant date, subject to continuous service.
    • F3: Notes vesting terms for option shares (100% vest on one-year anniversary) — no option exercise was reported in these transactions.
  • Transaction type: Award/grant (A) — not a sale or a market purchase.

Context

  • RSUs are a form of compensation that convert to shares if vesting conditions are met; they are not immediate cash purchases or sales. Because these awards vest over time (here, 100% after one year subject to service), they are commonly used for retention and do not necessarily signal immediate insider buying or selling. The awards were granted at $0 in the filing, which reflects equity compensation rather than a market-price transaction.