Insider Trading February 20, 2026

Talphera Engineering Chief Acquires $28,430 in Stock; Receives 200,000-Share Option Grant

Form 4 shows purchase, small disposals for taxes and a multi-year option award tied to $0.8123 strike price

By Nina Shah TLPH
Talphera Engineering Chief Acquires $28,430 in Stock; Receives 200,000-Share Option Grant
TLPH

Talphera, Inc. Chief Engineering Officer Dasu Badri N. purchased 35,000 shares at $0.8123 per share, a transaction valued at $28,430, according to a recent SEC Form 4. The filing also records a small disposal of shares to satisfy tax withholding and a grant of 200,000 stock options that vest over four years beginning in February 2027. The company's shares are trading below the purchase price and are down 32% year-to-date.

Key Points

  • Dasu Badri N., Talphera's Chief Engineering Officer, purchased 35,000 shares at $0.8123 each, totaling $28,430.
  • A small disposal of 3,127 shares to cover tax liabilities generated $2,514, with prices between $0.7934 and $0.8361.
  • An option grant of 200,000 shares was awarded on February 12, 2026, exercisable at $0.8123 and vesting over four years beginning February 12, 2027.

Talphera, Inc. (NASDAQ:TLPH) reported an insider purchase by its Chief Engineering Officer, Dasu Badri N., in a Form 4 filed with the Securities and Exchange Commission. The filing records an acquisition of 35,000 shares of common stock at a price of $0.8123 per share, bringing the total cost of the transaction to $28,430.

The insider purchase occurred while Talphera's shares were trading at $0.78 and are down 32% year-to-date. The Form 4 also shows that Dasu Badri N. sold a small block of shares to cover tax obligations tied to prior compensation. Specifically, 3,127 shares were disposed of at prices ranging from $0.7934 to $0.8361, generating aggregate proceeds of $2,514.

In addition to the open-market purchase and the tax-related disposals, the filing discloses an option grant dated February 12, 2026. Dasu Badri N. received options to buy 200,000 shares of Talphera common stock with an exercise price set at $0.8123 per share. Those options vest over a four-year schedule, with vesting commencing on February 12, 2027.

The filing presents three discrete elements of insider activity: the new purchase, the limited disposals for tax withholding, and a multi-year option award. Each transaction is laid out in the SEC filing and reflects routine forms of executive compensation and personal trading activity.

For investors seeking a deeper look at Talphera's financial position and valuation metrics, a Pro Research Report is available that covers this company along with more than 1,400 other U.S. equities. The report is listed as a resource for further analysis of the firm’s financials and market standing.


Disclosure: The information above is taken from the Form 4 filing referenced in the article and the company’s reported share price at the time noted. The article does not offer investment advice.

Risks

  • Market-price risk: Talphera's share price was trading below the purchase price at $0.78 and is down 32% year-to-date - this affects equity value for stakeholders and insiders.
  • Liquidity and valuation uncertainty: The filing records typical compensation and tax-related disposals, but does not provide further detail on company fundamentals or liquidity that could influence future insider activity.
  • Concentration of executive compensation: The combination of stock purchases and large option grants means part of executive pay is equity-linked, exposing compensation value to share-price movements.

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