JAIN ABHINAV 4

What Happened
Abhinav Jain, a director of Talphera, Inc. (TLPH), received two awards on 2026-06-22: 5,100 shares granted at $0.00 and a derivative award for 30,700 units also issued at $0.00. No cash was paid for these awards; the filing reports acquisition-type transactions (code A) rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-06-22; Form 4 filed: 2026-06-24 (timely filing).
• Grants: 5,100 shares @ $0.00 (acquired); 30,700 derivative units @ $0.00 (acquired). Total reported cash value: $0.
• Vesting/terms (from filing footnotes): each restricted stock unit (RSU) represents a contingent right to one share (F1); 100% of RSUs vest on the first anniversary of the grant date, subject to continuous service (F2). Footnote F3 states any option shares vest 100% on the one‑year anniversary (as applicable).
• Shares owned after the transaction: not specified in the provided report.
• Transaction type: Award/Grant (compensation), not a market buy/sell.

Context
This is a compensation-related grant rather than a market purchase or sale; such awards are common for executives and directors and typically vest over time. The derivative award language indicates contingent rights (e.g., RSUs or options) rather than immediate free-trading shares — check future filings for vesting or delivery events and any subsequent sales.