TBPH: GRAY SUSANNAH discloses securities transactions

By AlphaYouPublished Sep 25, 2026Form 4

Stocks in this disclosure

Reported activity

GRAY SUSANNAH

Reporting filer

GRAY SUSANNAH reported Disposition to issuer in Theravance Biopharma, Inc.: 42137 units of Ordinary Shares, dated 2026-09-23. The full Form 4 contains 7 transaction entries.

Disclosed: Sep 25, 2026

Reported details

7 entries

All validated entries in this disclosure
Security	Owner	Date	Code	Action	Quantity	Price	Following holdings	Reporting delay	Filed terms and references
Ordinary Shares	GRAY SUSANNAH	2026-09-23	D	Disposition to issuer	42137	Not stated (see footnotes)	6,009	2 days	Filed terms security Title: Ordinary Shares transaction Date: 2026-09-23 transaction Form Type: 4 transaction Code: D equity Swap Involved: 0 transaction Shares: 42137 id: F1 transaction Acquired Disposed Code: D shares Owned Following Transaction: 6009 direct Or Indirect Ownership: D nature Of Ownership:
Ordinary Shares	GRAY SUSANNAH	2026-09-23	D	Disposition to issuer	6009	Not stated (see footnotes)	0	2 days	Filed terms security Title: Ordinary Shares transaction Date: 2026-09-23 transaction Form Type: 4 transaction Code: D equity Swap Involved: 0 transaction Shares: 6009 id: F2 transaction Acquired Disposed Code: D shares Owned Following Transaction: 0 direct Or Indirect Ownership: D nature Of Ownership:
Share Option (Right to Buy) (derivative)	GRAY SUSANNAH	2026-09-23	D	Disposition to issuer	32666	Not stated (see footnotes)	0	2 days	Filed terms security Title: Share Option (Right to Buy) conversion Or Exercise Price: 9.87 transaction Date: 2026-09-23 transaction Form Type: 4 transaction Code: D equity Swap Involved: 0 transaction Shares: 32666 id: F3 transaction Acquired Disposed Code: D id: F3 expiration Date: 2033-02-25 underlying Security Title: Ordinary Shares underlying Security Shares: 32666 shares Owned Following Transaction: 0 direct Or Indirect Ownership: D nature Of Ownership:
Share Option (Right to Buy) (derivative)	GRAY SUSANNAH	2026-09-23	D	Disposition to issuer	22044	Not stated (see footnotes)	0	2 days	Filed terms security Title: Share Option (Right to Buy) conversion Or Exercise Price: 10.95 transaction Date: 2026-09-23 transaction Form Type: 4 transaction Code: D equity Swap Involved: 0 transaction Shares: 22044 id: F3 transaction Acquired Disposed Code: D id: F3 expiration Date: 2033-05-01 underlying Security Title: Ordinary Shares underlying Security Shares: 22044 shares Owned Following Transaction: 0 direct Or Indirect Ownership: D nature Of Ownership:
Share Option (Right to Buy) (derivative)	GRAY SUSANNAH	2026-09-23	D	Disposition to issuer	23576	Not stated (see footnotes)	0	2 days	Filed terms security Title: Share Option (Right to Buy) conversion Or Exercise Price: 9.49 transaction Date: 2026-09-23 transaction Form Type: 4 transaction Code: D equity Swap Involved: 0 transaction Shares: 23576 id: F3 transaction Acquired Disposed Code: D id: F3 expiration Date: 2034-05-07 underlying Security Title: Ordinary Shares underlying Security Shares: 23576 shares Owned Following Transaction: 0 direct Or Indirect Ownership: D nature Of Ownership:
Share Option (Right to Buy) (derivative)	GRAY SUSANNAH	2026-09-23	D	Disposition to issuer	24258	Not stated (see footnotes)	0	2 days	Filed terms security Title: Share Option (Right to Buy) conversion Or Exercise Price: 9.39 transaction Date: 2026-09-23 transaction Form Type: 4 transaction Code: D equity Swap Involved: 0 transaction Shares: 24258 id: F3 transaction Acquired Disposed Code: D id: F3 expiration Date: 2035-05-18 underlying Security Title: Ordinary Shares underlying Security Shares: 24258 shares Owned Following Transaction: 0 direct Or Indirect Ownership: D nature Of Ownership:
Share Option (Right to Buy) (derivative)	GRAY SUSANNAH	2026-09-23	D	Disposition to issuer	13398	Not stated (see footnotes)	0	2 days	Filed terms security Title: Share Option (Right to Buy) conversion Or Exercise Price: 16.64 transaction Date: 2026-09-23 transaction Form Type: 4 transaction Code: D equity Swap Involved: 0 transaction Shares: 13398 id: F3 transaction Acquired Disposed Code: D id: F3 expiration Date: 2036-06-11 underlying Security Title: Ordinary Shares underlying Security Shares: 13398 shares Owned Following Transaction: 0 direct Or Indirect Ownership: D nature Of Ownership:

Ordinary Shares

Owner: GRAY SUSANNAH
Date: 2026-09-23
Code: D
Action: Disposition to issuer
Quantity: 42137
Price: Not stated (see footnotes)
Following holdings: 6,009
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Ordinary Shares
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 42137
id: F1
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 6009
direct Or Indirect Ownership: D
nature Of Ownership:

Ordinary Shares

Owner: GRAY SUSANNAH
Date: 2026-09-23
Code: D
Action: Disposition to issuer
Quantity: 6009
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Ordinary Shares
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 6009
id: F2
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

Owner: GRAY SUSANNAH
Date: 2026-09-23
Code: D
Action: Disposition to issuer
Quantity: 32666
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 9.87
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 32666
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2033-02-25
underlying Security Title: Ordinary Shares
underlying Security Shares: 32666
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

Owner: GRAY SUSANNAH
Date: 2026-09-23
Code: D
Action: Disposition to issuer
Quantity: 22044
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 10.95
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 22044
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2033-05-01
underlying Security Title: Ordinary Shares
underlying Security Shares: 22044
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

Owner: GRAY SUSANNAH
Date: 2026-09-23
Code: D
Action: Disposition to issuer
Quantity: 23576
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 9.49
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 23576
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2034-05-07
underlying Security Title: Ordinary Shares
underlying Security Shares: 23576
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

Owner: GRAY SUSANNAH
Date: 2026-09-23
Code: D
Action: Disposition to issuer
Quantity: 24258
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 9.39
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 24258
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2035-05-18
underlying Security Title: Ordinary Shares
underlying Security Shares: 24258
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

Owner: GRAY SUSANNAH
Date: 2026-09-23
Code: D
Action: Disposition to issuer
Quantity: 13398
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 2 days
Filed terms and references: Filed terms
security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 16.64
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 13398
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2036-06-11
underlying Security Title: Ordinary Shares
underlying Security Shares: 13398
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.

Filing context

Quantities and prices are shown in the units filed. No trade value is inferred from their product.
GRAY SUSANNAH: Director.
F1: On September 23, 2026, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated June 28, 2026, by and among the Issuer, Zymeworks Inc. ("Parent"), and Zymeworks Merger Sub 1, a wholly owned subsidiary of Parent, the Issuer became a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each ordinary share, par value $0.00001 per share, of the Issuer ("Ordinary Share") held by the reporting person as of immediately prior to the Effective Time was cancelled and converted into the right to receive (i) $17.00 in cash, without interest (the "Per Share Cash Consideration") and (ii) one contingent value right (a "CVR"). Each CVR represents a non-tradeable contractual contingent right to receive cash payments based on the achievement of certain commercial milestones following the Effective Time.
F2: At the Effective Time, pursuant to the Merger Agreement, each award of restricted stock units of the Issuer (a "Company RSU Award") that was outstanding as of immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash, without interest, equal to (i) the Per Share Cash Consideration multiplied by (ii) the number of Ordinary Shares underlying such Company RSU Award (subject to any required tax withholdings as provided in the Merger Agreement) plus (iii) one CVR for each Ordinary Share underlying such Company RSU Award.
F3: At the Effective Time, each option to purchase Ordinary Shares outstanding and unexercised as of immediately prior to the Effective Time, whether vested or unvested (a "Company Option"), was cancelled and converted into the right to receive an amount in cash, without interest, equal to (i) the excess, if any, of the Per Share Cash Consideration over the exercise price of such Company Option, multiplied by (ii) the number of Ordinary Shares underlying such Company Option plus (iii) one CVR for each Ordinary Share underlying such Company Option.

Original sources

SEC ownership filing

Prepared automatically from public filing data. Report a correction.

Security

Owner

Date

Code

Action

Quantity

Price

Following holdings

Reporting delay

Filed terms and references

Ordinary Shares

GRAY SUSANNAH

2026-09-23

Disposition to issuer

42137

Not stated (see footnotes)

6,009

2 days

Filed terms

security Title: Ordinary Shares
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 42137
id: F1
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 6009
direct Or Indirect Ownership: D
nature Of Ownership:

Ordinary Shares

GRAY SUSANNAH

2026-09-23

Disposition to issuer

6009

Not stated (see footnotes)

2 days

Filed terms

security Title: Ordinary Shares
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 6009
id: F2
transaction Acquired Disposed Code: D
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

GRAY SUSANNAH

2026-09-23

Disposition to issuer

32666

Not stated (see footnotes)

2 days

Filed terms

security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 9.87
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 32666
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2033-02-25
underlying Security Title: Ordinary Shares
underlying Security Shares: 32666
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

GRAY SUSANNAH

2026-09-23

Disposition to issuer

22044

Not stated (see footnotes)

2 days

Filed terms

security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 10.95
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 22044
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2033-05-01
underlying Security Title: Ordinary Shares
underlying Security Shares: 22044
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

GRAY SUSANNAH

2026-09-23

Disposition to issuer

23576

Not stated (see footnotes)

2 days

Filed terms

security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 9.49
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 23576
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2034-05-07
underlying Security Title: Ordinary Shares
underlying Security Shares: 23576
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

GRAY SUSANNAH

2026-09-23

Disposition to issuer

24258

Not stated (see footnotes)

2 days

Filed terms

security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 9.39
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 24258
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2035-05-18
underlying Security Title: Ordinary Shares
underlying Security Shares: 24258
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Share Option (Right to Buy) (derivative)

GRAY SUSANNAH

2026-09-23

Disposition to issuer

13398

Not stated (see footnotes)

2 days

Filed terms

security Title: Share Option (Right to Buy)
conversion Or Exercise Price: 16.64
transaction Date: 2026-09-23
transaction Form Type: 4
transaction Code: D
equity Swap Involved: 0
transaction Shares: 13398
id: F3
transaction Acquired Disposed Code: D
id: F3
expiration Date: 2036-06-11
underlying Security Title: Ordinary Shares
underlying Security Shares: 13398
shares Owned Following Transaction: 0
direct Or Indirect Ownership: D
nature Of Ownership:

Filing context

Quantities and prices are shown in the units filed. No trade value is inferred from their product.

GRAY SUSANNAH: Director.

F1: On September 23, 2026, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated June 28, 2026, by and among the Issuer, Zymeworks Inc. ("Parent"), and Zymeworks Merger Sub 1, a wholly owned subsidiary of Parent, the Issuer became a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each ordinary share, par value $0.00001 per share, of the Issuer ("Ordinary Share") held by the reporting person as of immediately prior to the Effective Time was cancelled and converted into the right to receive (i) $17.00 in cash, without interest (the "Per Share Cash Consideration") and (ii) one contingent value right (a "CVR"). Each CVR represents a non-tradeable contractual contingent right to receive cash payments based on the achievement of certain commercial milestones following the Effective Time.

F2: At the Effective Time, pursuant to the Merger Agreement, each award of restricted stock units of the Issuer (a "Company RSU Award") that was outstanding as of immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash, without interest, equal to (i) the Per Share Cash Consideration multiplied by (ii) the number of Ordinary Shares underlying such Company RSU Award (subject to any required tax withholdings as provided in the Merger Agreement) plus (iii) one CVR for each Ordinary Share underlying such Company RSU Award.

F3: At the Effective Time, each option to purchase Ordinary Shares outstanding and unexercised as of immediately prior to the Effective Time, whether vested or unvested (a "Company Option"), was cancelled and converted into the right to receive an amount in cash, without interest, equal to (i) the excess, if any, of the Per Share Cash Consideration over the exercise price of such Company Option, multiplied by (ii) the number of Ordinary Shares underlying such Company Option plus (iii) one CVR for each Ordinary Share underlying such Company Option.