Form 4: Innoviva CFO Stephen Basso Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stephen Basso, CFO of Innoviva, Inc., reports acquisition of shares through an employee stock purchase plan and shares withheld for tax obligations.
Summary
- On November 15, 2024, Stephen Basso, CFO of Innoviva, Inc., acquired 843 shares of common stock through the company's Employee Stock Purchase Plan at a price of $0.
- On February 20, 2025, 1,106 shares were withheld by Innoviva to cover income tax obligations related to the vesting of employee equity grants at a price of $18.07.
- Following these transactions, Basso directly owns 11,833 shares of Innoviva common stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Acquisition of 843 shares through Employee Stock Purchase Plan. |
| 02/20/2025 | Withholding of 1,106 shares for income tax obligations. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Innoviva, Stephen Basso, CFO, Form 4, Beneficial Ownership, Employee Stock Purchase Plan, Equity Grants, Tax Withholding, INVA
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