Form 4: Assertio Holdings Executive Paul Schwichtenberg Reports Stock Transactions

Paul Schwichtenberg, EVP and Chief Transformation Officer of Assertio Holdings, reports the vesting and settlement of restricted stock units, along with associated tax withholding.

Summary

• Paul Schwichtenberg, an executive at Assertio Holdings, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On May 12, 2025, 38,017 restricted stock units vested and were settled for common stock.
• Schwichtenberg also disposed of 16,840 shares of common stock to cover tax obligations related to the vesting of the restricted stock units at a price of $0.6154 per share.
• Following these transactions, Schwichtenberg directly owns 167,522 shares of Assertio Holdings common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• Shareholders are informed about executive compensation and ownership changes.
• The filing provides transparency regarding insider transactions.

Key Dates

Keywords

Form 4, beneficial ownership, restricted stock units, common stock, ASRT, Assertio Holdings, Schwichtenberg, vesting, tax withholding