Form 4: Assertio Holdings Director James L. Tyree Sells Shares

Director James L. Tyree of Assertio Holdings, Inc. sold 10,251 shares of common stock at an average price of $1.1182 on March 14, 2024.

Summary

• On March 14, 2024, James L. Tyree, a director of Assertio Holdings, Inc., sold 10,251 shares of the company's common stock.
• The sale was executed at a weighted average price of $1.1182 per share.
• The prices for the shares sold ranged from $1.08 to $1.15.
• Following the transaction, Tyree directly owns 188,251 shares of Assertio Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider selling as slightly negative.

Industry Context

This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.

Stakeholder Impact

• Shareholders may react to the news of a director selling shares, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates