4/A: Alexander Denner Amends Form 4 Filing, Indicates Sarissa Capital's Decreased Ownership in Innoviva

Alexander Denner and Sarissa Capital Management LP amend their Form 4 filing to reflect that they may no longer be deemed to beneficially own 10% or more of Innoviva's common stock and are no longer subject to Section 16.

Summary

• Alexander Denner and Sarissa Capital Management LP filed an amended Form 4 with the SEC.
• The amendment indicates that the reporting persons may no longer be deemed to beneficially own 10% or more of the common stock of Innoviva, Inc.
• As a result, they are no longer subject to Section 16 of the Securities Exchange Act.
• The original Form 4 was filed on March 6, 2025, and this amendment was filed on March 17, 2025.

Sentiment

Score: 5

Explanation: The document is a regulatory filing indicating a change in ownership. It is neutral in sentiment as it simply reports a factual change.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and significant shareholders. This filing indicates a change in Sarissa Capital's position in Innoviva.

Key Dates