Theravance's President & Chief Exec Officer just disposed of 12,897 shares

Michael W Aguiar, Theravance's President & Chief Exec Officer and a director of the company, recently disposed of 12,897 shares of the company. The disposals took place at $11.86 per share, on May 20, 2017. Aguiar still owns 1,048,884 shares of the company. Aguiar operates out of Brisbane, CA. Some additional info was provided as follows:

The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity awards. Includes 2,500 shares of common stock acquired under the Innoviva, Inc. Employee Stock Purchase Plan on May 15, 2017.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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