Stephen Basso, Chief Financial Officer of Innoviva, Inc., filed a Form 4 on August 24, 2026, disclosing the disposition of 558 shares of common stock on August 20, 2026, to satisfy tax withholding obligations tied to quarterly equity vesting.

Key Highlights

  • Reporting person: Stephen Basso, Chief Financial Officer of Innoviva, Inc. (NASDAQ:INVA)
  • Transaction date: August 20, 2026
  • Transaction code: F - 558 shares of common stock disposed of (D) at $21 per share
  • Purpose: Shares were withheld by the issuer to satisfy income tax withholding obligations associated with quarterly vesting of previously granted employee equity grants
  • Beneficial ownership after transaction: 88,013 shares of common stock held directly

Innoviva CFO's Tax-Related Share Withholding at August 2026 Vesting

According to the filing, Stephen Basso, who serves as Chief Financial Officer of Innoviva, Inc., reported a single transaction involving common stock on August 20, 2026. The transaction was coded "F," indicating shares withheld by the issuer rather than an open-market sale. The filing states that 558 shares were disposed of at a price of $21 per share.

The filing's footnote explains that "the shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity grants." Following this transaction, the filing reports that Basso directly held 88,013 shares of Innoviva common stock. No derivative securities transactions were reported in Table II of the form.

The Form 4 was filed on August 24, 2026, and was signed by Stephen Basso. The filing indicates this was a report by one reporting person, with direct ownership of the shares in question. No amendment date was listed, indicating this is an original filing.

What Was Disclosed

Innoviva, Inc. CFO Stephen Basso disclosed the withholding of 558 common shares at $21 per share on August 20, 2026, to cover tax obligations from quarterly equity vesting, leaving him with direct beneficial ownership of 88,013 shares.