Form 4: Assertio Director Sells Shares Under 10b5-1 Plan

Assertio Holdings Director David Matthew Stark sold 8,959 shares of common stock for $0.7597 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Director David Matthew Stark sold 8,959 shares of Assertio Holdings, Inc. common stock.
• The transaction occurred on November 10, 2025.
• The weighted average sale price was $0.7597 per share, with individual sales ranging from $0.7544 to $0.7668.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on November 22, 2024.
• Following the transaction, David Matthew Stark beneficially owns 98,541 shares of Assertio Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled sale by a director under a 10b5-1 plan, which typically reduces the signaling impact of insider selling, making it a neutral event.

Negatives

• A director, David Matthew Stark, sold 8,959 shares of common stock, reducing his direct ownership stake.

Future Outlook

NA

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: A director selling shares, even under a 10b5-1 plan, could be interpreted by some as a minor reduction in insider alignment, though the pre-planned nature mitigates significant concern.

Key Dates

Recommendation

The filing reports a routine, pre-scheduled sale by a director under a 10b5-1 plan. This type of transaction does not typically signal new material information about the company's prospects and therefore does not provide a basis for a change in investment recommendation.

Keywords

Assertio Holdings, ASRT, Form 4, Insider Transaction, Director Stock Sale, 10b5-1 Plan