secwatch.observer — SEC 8-K summary
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Issuer:     Innoviva, Inc. (INVA)
CIK:        0001080014
Form:       8-K
Filed at:   2026-05-18T20:21:36+00:00
Accession:  0001193125-26-228958
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innoviva directors Small and DiPaolo resign; Josephine Linden elected to board
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- Derek Small (CEO of Syndeio) and Mark DiPaolo resigned May 12 to focus on Syndeio growth.
- Resignations not related to any disagreement with Innoviva's operations or policies.
- Josephine Linden elected to board effective May 18; qualifies as independent director.
- Linden receives initial RSU of $125K, prorated RSU of $206,250, and options for 9,166 shares.
- Linden will serve on Audit Committee; board cites her 25+ years at Goldman Sachs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080014/000119312526228958/0001193125-26-228958-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080014/000119312526228958/d480193d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-228958

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer