Form 4 for TLPH TALPHERA, INC.
Accepted 2026-02-20 00:00:00 ET · period of report 2026-02-10 · accession 0001628970-26-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-02-20 | 2026-02-10+ | TLPH | ASADORIAN RAFFI | CFO | F - Tax | $0.8023 | -3,891 | 46.3K | -8% | -$3,122 |
| D | 2026-02-20 | 2026-02-12 | TLPH | ASADORIAN RAFFI | CFO | P - Purchase | $0.81 | +45.0K | 91.3K | +97% | +$36.5K |
| D | 2026-02-20 | 2026-02-12 | TLPH | ASADORIAN RAFFI | CFO | A - Grant | $0.00 | +260.0K | 260.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-02-14 | F | D | 2,933 | $0.79 | 88,323 | D | — | — | (F1) Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due to the vesting of RSUs. |
| 2 | Common | Commom Stock | 2026-02-12 | P | A | 45,000 | $0.81 | 91,256 | D | — | — | (F2) The restricted stock units shall vest in three equal consecutive annual installments on February 12, 2027, February 12, 2028 and February 12, 2029. |
| 3 | Common | Common Stock | 2026-02-10 | F | D | 958 | $0.84 | 46,256 | D | — | — | (F1) Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due to the vesting of RSUs. |
| 4 | Derivative | Stock Option (Right to Buy) | 2026-02-12 | A | A | 260,000 | $0.00 | 260,000 | D | $0.81 · — to 2036-02-11 | 260,000 Common Stock | (F3) On February 12, 2026, the reporting person was granted an option to purchase 260,000 shares of common stock. One fourth (1/4th) of the option shares shall vest on the one year anniversary of the grant date, and the remaining balance of the option shares shall vest in 36 equal consecutive monthly installments thereafter until fully vested so long as the reporting person remains in continuous service through such applicable vesting periods. |