[Form 4] Theravance Biopharma, Inc. Insider Trading Activity
Sawaf Aziz, SVP & Chief Financial Officer of Theravance Biopharma (TBPH), reported a disposition of 9,368 ordinary shares on 08/20/2025 at an effective price of $13.39 per share. The filing states these shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units, and the withholding was not an open-market sale. After the withholding, Mr. Aziz beneficially owns 355,422 ordinary shares, held directly.
Sawaf Aziz, SVP e Chief Financial Officer di Theravance Biopharma (TBPH), ha comunicato la cessione di 9.368 azioni ordinarie il 20/08/2025 al prezzo effettivo di $13,39 per azione. La dichiarazione precisa che le azioni sono state trattenute dall'emittente per soddisfare obblighi fiscali derivanti dal vesting di restricted stock unit precedentemente assegnate; non si è trattato di una vendita sul mercato aperto. Dopo la trattenuta, il signor Aziz detiene beneficiariamente 355.422 azioni ordinarie, possedute direttamente.
Sawaf Aziz, SVP y Chief Financial Officer de Theravance Biopharma (TBPH), informó la disposición de 9.368 acciones ordinarias el 20/08/2025 a un precio efectivo de $13,39 por acción. La presentación indica que las acciones fueron retenidas por el emisor para cubrir obligaciones fiscales derivadas del vencimiento de unidades restringidas de acciones otorgadas anteriormente; no fue una venta en el mercado abierto. Tras la retención, el Sr. Aziz posee de forma beneficiaria 355.422 acciones ordinarias, en propiedad directa.
Theravance Biopharma(TBPH)� SVP � 최고재무책임�(CFO)� Sawaf Aziz� 2025� 8� 20일에 보통� 9,368주를 주당 $13.39� 실효 가격으� 처분했다� 보고했습니다. 제출 서류에는 해당 주식� 이전� 부여된 제한 주식 단위(RSU)� 행사(vesting)� 따라 발생� 세금 원천징수 의무� 충당하기 위해 발행사가 원천징수� 것이�, 공개시장 매각은 아니었다� 명시되어 있습니다. 원천징수 � Aziz 씨는 직접 보유하고 있는 보통� 355,422주를 실질적으� 소유하고 있습니다.
Sawaf Aziz, SVP et Chief Financial Officer de Theravance Biopharma (TBPH), a déclaré l'aliénation de 9 368 actions ordinaires le 20/08/2025 à un prix effectif de 13,39 $ par action. Le dépôt indique que ces actions ont été retenues par l'émetteur pour satisfaire des obligations fiscales liées au vesting d'unités d'actions restreintes précédemment attribuées, et qu'il ne s'est pas agi d'une vente sur le marché ouvert. Après cette retenue, M. Aziz détient à titre bénéficiaire 355 422 actions ordinaires, détenues directement.
Sawaf Aziz, SVP & Chief Financial Officer von Theravance Biopharma (TBPH), meldete die Veräußerung von 9.368 Stammaktien am 20.08.2025 zu einem effektiven Preis von $13,39 je Aktie. Die Einreichung besagt, dass die Aktien vom Emittenten einbehalten wurden, um steuerliche Abzugsverpflichtungen aus der Vesting von zuvor gewährten Restricted Stock Units zu erfüllen; es handelte sich nicht um einen Verkauf am offenen Markt. Nach dem Einbehalt besitzt Herr Aziz wirtschaftlich 355.422 Stammaktien, die er direkt hält.
- Insider retains substantial direct ownership: 355,422 ordinary shares remain beneficially owned after the transaction.
- Withholding executed by issuer, not open-market sale, indicating the disposition was administrative to cover taxes rather than an active sale by the officer.
- Reduction in holdings: 9,368 shares were disposed of via withholding, reducing the reporting person\'s stake.
- Recorded transaction price: the withholding was valued at $13.39 per share, which may reflect recent grant valuation or prevailing share price at vesting.
Insights
TL;DR: Routine tax-withholding reduced insider holdings; no open-market disposition suggests limited market impact.
The report shows a non-market withholding of 9,368 shares to cover taxes tied to RSU vesting at $13.39 per share, leaving 355,422 shares owned directly. Because the transaction was an issuer withholding rather than an open-market sale, this is typically viewed as a mechanical reduction in share count rather than an active insider sell signal. The size of the withholding relative to total holdings is modest and likely immaterial to shareholder control or dilution metrics.
TL;DR: Transaction reflects standard executive compensation mechanics, not governance or compliance concerns.
The Form 4 documents tax-withholding tied to RSU vesting, a common administrative action after equity grants vest. The filing identifies the reporting person as an officer (SVP & CFO) and indicates direct ownership post-transaction. There are no disclosures of additional derivative transactions, agreements, or coordinated sales in this filing, and the withholding was executed by the issuer, which typically aligns with standard equity compensation practices and governance protocols.
Sawaf Aziz, SVP e Chief Financial Officer di Theravance Biopharma (TBPH), ha comunicato la cessione di 9.368 azioni ordinarie il 20/08/2025 al prezzo effettivo di $13,39 per azione. La dichiarazione precisa che le azioni sono state trattenute dall'emittente per soddisfare obblighi fiscali derivanti dal vesting di restricted stock unit precedentemente assegnate; non si è trattato di una vendita sul mercato aperto. Dopo la trattenuta, il signor Aziz detiene beneficiariamente 355.422 azioni ordinarie, possedute direttamente.
Sawaf Aziz, SVP y Chief Financial Officer de Theravance Biopharma (TBPH), informó la disposición de 9.368 acciones ordinarias el 20/08/2025 a un precio efectivo de $13,39 por acción. La presentación indica que las acciones fueron retenidas por el emisor para cubrir obligaciones fiscales derivadas del vencimiento de unidades restringidas de acciones otorgadas anteriormente; no fue una venta en el mercado abierto. Tras la retención, el Sr. Aziz posee de forma beneficiaria 355.422 acciones ordinarias, en propiedad directa.
Theravance Biopharma(TBPH)� SVP � 최고재무책임�(CFO)� Sawaf Aziz� 2025� 8� 20일에 보통� 9,368주를 주당 $13.39� 실효 가격으� 처분했다� 보고했습니다. 제출 서류에는 해당 주식� 이전� 부여된 제한 주식 단위(RSU)� 행사(vesting)� 따라 발생� 세금 원천징수 의무� 충당하기 위해 발행사가 원천징수� 것이�, 공개시장 매각은 아니었다� 명시되어 있습니다. 원천징수 � Aziz 씨는 직접 보유하고 있는 보통� 355,422주를 실질적으� 소유하고 있습니다.
Sawaf Aziz, SVP et Chief Financial Officer de Theravance Biopharma (TBPH), a déclaré l'aliénation de 9 368 actions ordinaires le 20/08/2025 à un prix effectif de 13,39 $ par action. Le dépôt indique que ces actions ont été retenues par l'émetteur pour satisfaire des obligations fiscales liées au vesting d'unités d'actions restreintes précédemment attribuées, et qu'il ne s'est pas agi d'une vente sur le marché ouvert. Après cette retenue, M. Aziz détient à titre bénéficiaire 355 422 actions ordinaires, détenues directement.
Sawaf Aziz, SVP & Chief Financial Officer von Theravance Biopharma (TBPH), meldete die Veräußerung von 9.368 Stammaktien am 20.08.2025 zu einem effektiven Preis von $13,39 je Aktie. Die Einreichung besagt, dass die Aktien vom Emittenten einbehalten wurden, um steuerliche Abzugsverpflichtungen aus der Vesting von zuvor gewährten Restricted Stock Units zu erfüllen; es handelte sich nicht um einen Verkauf am offenen Markt. Nach dem Einbehalt besitzt Herr Aziz wirtschaftlich 355.422 Stammaktien, die er direkt hält.