SEC Form 4 · accession 0001193125-26-278061
Savara Inc · SVRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Lowrance
Officer — Chief Financial Officer
Period of report
Jun 22, 2026
Accepted (ET)
Jun 22, 2026 · 8:18 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001160308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 22, 2026 | M | 75,000 | $1.59 | A | 611,032 | D | |
| Common Stock | Jun 22, 2026 | F | 21,682 | $5.50 | D | 589,350 | D | |
| Common Stock | Jun 22, 2026 | M | 129,350 | $1.23 | A | 718,700 | D | |
| Common Stock | Jun 22, 2026 | F | 28,928 | $5.50 | D | 689,772 | D | |
| Common Stock | Jun 22, 2026 | M | 56,937 | $1.11 | A | 746,709 | D | |
| Common Stock | Jun 22, 2026 | F | 11,491 | $5.50 | D | 735,218 | D | |
| Common Stock | Jun 22, 2026 | M | 218,750 | $1.51 | A | 953,968 | D | |
| Common Stock | Jun 22, 2026 | F | 60,057 | $5.50 | D | 893,911 | D | |
| Common Stock | Jun 22, 2026 | M | 12,500 | $4.45 | A | 906,411 | D | |
| Common Stock | Jun 22, 2026 | F | 10,114 | $5.50 | D | 896,297 | D | |
| Common Stock | Jun 22, 2026 | M | 87,650 | $3.35 | A | 983,947 | D | |
| Common Stock | Jun 22, 2026 | F | 53,387 | $5.50 | D | 930,560 | D | |
| Common StockF1 | Jun 22, 2026 | S | 394,528 | $5.6813 | D | 536,032 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $1.59 | Jun 22, 2026 | M | 75,000 | D | — | Dec 20, 2029 | Common Stock | 75,000 | 0 | D |
| Stock Option (Right to Buy)F3 | $1.23 | Jun 22, 2026 | M | 129,350 | D | — | Dec 16, 2030 | Common Stock | 129,350 | 0 | D |
| Stock Option (Right to Buy)F4 | $1.11 | Jun 22, 2026 | M | 56,937 | D | — | Dec 14, 2031 | Common Stock | 56,937 | 0 | D |
| Stock Option (Right to Buy)F5 | $1.51 | Jun 22, 2026 | M | 218,750 | D | — | Dec 13, 2032 | Common Stock | 218,750 | 31,250 | D |
| Stock Option (Right to Buy)F6 | $4.45 | Jun 22, 2026 | M | 12,500 | D | — | Dec 14, 2033 | Common Stock | 12,500 | 15,000 | D |
| Stock Option (Right to Buy)F7 | $3.35 | Jun 22, 2026 | M | 87,650 | D | — | Dec 12, 2034 | Common Stock | 87,650 | 187,500 | D |
Explanation of responses
- F1The price is a weighted average sales price. The sale prices ranged from $5.54 to $5.78. The reporting person undertakes to provide Savara Inc., any security holder of Savara Inc., or the staff of the Securities and Exchange Commission, upon receipt of a request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F2The option vested and became exercisable in sixteen equal installments on each quarterly anniversary of December 20, 2019, subject to the reporting person's continued service with the Issuer.
- F3The option vested and became exercisable in sixteen equal installments on each quarterly anniversary of December 16, 2020, subject to the reporting person's continued service with the Issuer.
- F4The option vested and became exercisable in sixteen equal installments on each quarterly anniversary of December 14, 2021, subject to the reporting person's continued service with the Issuer.
- F5The option vested and became exercisable in sixteen equal installments on each quarterly anniversary of December 13, 2022, subject to the reporting person's continued service with the Issuer.
- F6The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 14, 2023, subject to the reporting person's continued service with the Issuer.
- F7The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 12, 2024, subject to the reporting person's continued service with the Issuer.