Director at Theravance Biopharma (NASDAQ: TBPH) receives new share and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Theravance Biopharma director Deepika Pakianathan received new equity compensation awards. On June 12, 2026, she acquired 6,009 Ordinary Shares at a price of $0.00 per share, increasing her direct holdings to 64,074 Ordinary Shares.
On the same date, she was also granted a Share Option (Right to Buy) covering 13,398 Ordinary Shares with an exercise price of $16.64 per share, expiring on June 11, 2036. According to the vesting terms, 1/12 of the option vests after each month of continuous service following the grant, with remaining unvested shares vesting on the date of the next annual shareholders’ meeting if service continues.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PAKIANATHAN DEEPIKA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 13,398 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 6,009 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 13,398 shares (Direct, null);
Ordinary Shares — 64,074 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Ordinary Shares granted: 6,009 shares
Share holdings after grant: 64,074 shares
Option shares granted: 13,398 shares
+3 more
6 metrics
Ordinary Shares granted
6,009 shares
Grant of Ordinary Shares on June 12, 2026 at $0.00
Share holdings after grant
64,074 shares
Total Ordinary Shares directly held after June 12, 2026 grant
Option shares granted
13,398 shares
Share Option (Right to Buy) granted June 12, 2026
Option exercise price
$16.64 per share
Exercise price for new Share Option on Ordinary Shares
Option expiration date
June 11, 2036
Expiration of Share Option (Right to Buy)
Monthly vesting fraction
1/12 per month
Portion of option vesting for each continuous month of service
Key Terms
Grant, award, or other acquisition, Share Option (Right to Buy), Ordinary Shares, exercise price, +2 more
6 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
exercise price financial
"conversion_or_exercise_price: 16.6400"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
continuous month of service other
"when optionee completes each continuous month of service"