Form 4: Assertio Holdings SVP, General Counsel Sam Schlessinger Reports Stock Transactions
SEC Form 4 Filing
Sam Schlessinger, SVP, General Counsel of Assertio Holdings, reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On February 21, 2025, Sam Schlessinger, SVP, General Counsel of Assertio Holdings, had 17,150 restricted stock units vest.
- These units were settled for 17,150 shares of common stock.
- 7,656 shares were withheld for payment of taxes at a price of $0.81 per share.
- Following these transactions, Schlessinger directly owns 153,889 shares of Assertio Holdings common stock and 17,150 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not indicate any significant positive or negative sentiment.
Future Outlook
One-third of the restricted stock units are scheduled to vest on February 21, 2026, assuming continued employment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 02/21/2026 | Expiration date of restricted stock units. |
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