Form 4: Director David Stark Receives Assertio Equity Grant
Statement of Changes in Beneficial Ownership
Assertio Holdings director David Matthew Stark was granted 4,851 restricted stock units as part of the company's director compensation policy.
Summary
- Director David Matthew Stark acquired 4,851 restricted stock units (RSUs) on May 5, 2026.
- The grant was issued under the Issuer's Nonemployee Director Compensation & Grant Policy.
- The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders.
- Following this transaction, the director's total beneficial ownership is 11,420 shares of common stock.
- All figures reflect the 1-for-15 reverse stock split effected on December 26, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership in Assertio Holdings, Inc.
Future Outlook
The RSUs are scheduled to vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice designed to align board incentives with long-term shareholder value creation.
Comparison to Industry Standards
- The grant follows standard industry practices for non-employee director compensation in the pharmaceutical and biotech sectors.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- Vesting of restricted stock units on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 2025-12-26 | Effective date of 1-for-15 reverse stock split. |
| 2026-05-05 | Date of RSU grant and earliest transaction. |
| 2026-05-06 | Date of filing. |
Keywords
Assertio Holdings, ASRT, Form 4, Director Compensation, Insider Transaction, Restricted Stock Units
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