A statement of changes in beneficial ownership for Innoviva, Inc. (NASDAQ:INVA) was filed on August 24, 2026, reporting a tax-related share withholding transaction by Chief Executive Officer and Director Pavel Raifeld on August 20, 2026.

Key Highlights

  • Reporting person: Pavel Raifeld, Chief Executive Officer and Director of Innoviva, Inc.
  • Transaction type: 1,130 shares of Common Stock were disposed of under transaction code "F" on August 20, 2026.
  • Price per share: $21, as stated in the filing.
  • Purpose: According to the filing, the shares were withheld by the issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity grants.
  • Resulting ownership: Following the transaction, Raifeld directly beneficially owned 284,799 shares of Common Stock.

Innoviva Share Withholding Details for CEO Pavel Raifeld

According to the filing, Pavel Raifeld, who serves as both Chief Executive Officer and Director of Innoviva, Inc. (NASDAQ:INVA), reported a single non-derivative transaction involving the company's Common Stock. The transaction, dated August 20, 2026, involved 1,130 shares disposed of at a price of $21 per share. The filing classifies this as an "F" coded transaction, indicating shares withheld for tax purposes rather than an open-market sale.

The filing's footnote specifies 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." Innoviva, Inc. is a healthcare company headquartered in Burlingame, California. Following the reported withholding, Raifeld's direct beneficial ownership in Innoviva Common Stock stood at 284,799 shares, as disclosed in Table I of the filing. No derivative securities transactions were reported in Table II.

What Was Disclosed

The filing disclosed a tax-withholding share transaction by Innoviva's CEO and Director Pavel Raifeld, involving 1,130 shares of Common Stock at $21 per share on August 20, 2026, leaving him with direct beneficial ownership of 284,799 shares.