Form 4: Talphera Inc. Executive Dasu Badri N Reports Tax Withholding Share Surrender
SEC Form 4 Filing
Chief Engineering Officer of Talphera, Inc., Dasu Badri N, surrendered 406 shares to cover tax obligations related to vesting RSUs on March 3, 2024.
Summary
- On March 3, 2024, Dasu Badri N, Chief Engineering Officer of Talphera, Inc., surrendered 406 shares of common stock to the issuer.
- This transaction was to cover required tax withholdings due to the vesting of Restricted Stock Units (RSUs).
- The price per share for the transaction was $1.3.
- Following the transaction, Dasu Badri N directly owns 31,414 shares of Talphera, Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall performance or outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares surrendered for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Date of the transaction where shares were surrendered to cover tax withholdings. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Talphera Inc., Dasu Badri N, Chief Engineering Officer, share surrender, tax withholding, RSU vesting, TLPH
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