Marianne Zhen, Chief Accounting Officer of Innoviva, Inc., filed a statement of changes in beneficial ownership on August 24, 2026, reporting a share withholding transaction dated August 20, 2026.

Key Highlights

  • Reporting person: Marianne Zhen, Chief Accounting Officer of Innoviva, Inc. (NASDAQ:INVA)
  • Transaction date: August 20, 2026, with the filing signed and submitted on August 24, 2026
  • Shares withheld: 1,127 shares of Common Stock disposed of (code F) at a price of $21 per share
  • Purpose of withholding: Shares were withheld by the issuer to satisfy income tax withholding obligations tied to quarterly vesting of previously granted employee equity grants
  • Resulting ownership: Zhen directly holds 56,389 shares of Common Stock following the reported transaction

Innoviva Share Withholding by Chief Accounting Officer Upon Equity Vesting

According to the filing, Marianne Zhen, who serves as Chief Accounting Officer of Innoviva, Inc., reported a disposition of 1,127 shares of the company's Common Stock on August 20, 2026. The transaction was coded "F," which designates payment of an exercise price or tax liability by delivering or withholding securities. The shares were withheld at a price of $21 per share.

The filing's explanation of responses states 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." This type of transaction is a standard mechanism in equity compensation plans, where the issuer retains a portion of vesting shares on behalf of the employee to cover applicable tax obligations. Following the withholding, Zhen directly beneficially owns 56,389 shares of Innoviva Common Stock, as disclosed in Table I of the filing. No derivative securities were reported in Table II.

Innoviva, Inc. is listed on NASDAQ under the ticker symbol INVA, with its address recorded in the filing at 1350 Old Bayshore Highway, Suite 400, Burlingame, California 94010. The filing was made by one reporting person and is not identified as an amendment to a prior filing.

What Was Disclosed

The filing disclosed a single withholding of 1,127 Common Stock shares from Marianne Zhen's equity grant vesting, executed at $21 per share on August 20, 2026, leaving her with direct beneficial ownership of 56,389 shares of Innoviva, Inc. Common Stock.