Form 4: Assertio Holdings Executive Paul Schwichtenberg Reports Stock Transactions

Paul Schwichtenberg, SVP, Chief Transformation Officer at Assertio Holdings, reports the vesting and subsequent sale of shares to cover tax obligations.

Summary

• On February 21, 2025, Paul Schwichtenberg, SVP, Chief Transformation Officer of Assertio Holdings, Inc., reported transactions involving Assertio Holdings' common stock.
• Schwichtenberg acquired 17,150 shares of common stock through the vesting of restricted stock units (RSUs).
• Simultaneously, 8,505 shares were disposed of to cover tax obligations at a price of $0.81 per share.
• Following these transactions, Schwichtenberg directly owns 146,345 shares of Assertio Holdings, Inc.
• The reported transactions also involved the vesting of 17,150 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve a relatively small number of shares.

Key Dates