Form 4: Talphera CFO Raffi Asadorian Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Raffi Asadorian, CFO of Talphera, Inc., disposed of 3,245 shares of common stock on February 14, 2025, to cover tax withholdings related to vesting RSUs.
Summary
- On February 14, 2025, Raffi Asadorian, the Chief Financial Officer of Talphera, Inc., disposed of 3,245 shares of common stock.
- The transaction was executed to cover required tax withholdings due to the vesting of Restricted Stock Units (RSUs).
- The shares were sold at a price of $0.67 per share.
- Following the transaction, Asadorian directly owns 32,214 shares of Talphera, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations, not indicative of the company's overall health or future prospects.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to ensure transparency in the market. This filing indicates that the CFO sold shares to cover tax obligations related to vested RSUs, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Raffi Asadorian disposed of shares to cover tax withholdings. |
| 02/18/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Talphera, TLPH, Raffi Asadorian, CFO, share disposal, tax withholdings, RSUs, beneficial ownership
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