Form 4: Supernus Pharmaceuticals SVP Jonathan Rubin Reports Stock Transactions
SEC Form 4
Jonathan Rubin, SVP and Chief Medical Officer of Supernus Pharmaceuticals, reports the acquisition and disposal of common stock related to performance share units.
Summary
- On December 27, 2024, Jonathan Rubin, SVP and Chief Medical Officer of Supernus Pharmaceuticals, executed transactions involving Supernus Pharmaceuticals common stock.
- Rubin acquired 750 shares of common stock upon the settlement of performance share units granted on February 23, 2023.
- He also acquired 1,875 shares of common stock upon the settlement of performance share units granted on February 22, 2024.
- Additionally, Rubin disposed of 281 shares and 821 shares of common stock to satisfy tax withholding requirements related to the vesting of performance share units, at a price of $35.59 per share.
- Following these transactions, Rubin directly owns 6,595 shares of Supernus Pharmaceuticals common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions related to executive compensation.
Positives
- The vesting of performance share units indicates the achievement of certain performance objectives by the reporting person.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 23, 2023 | Reporting Person was awarded Performance Share Units |
| June 12, 2023 | Objectives were established for Performance Share Units awarded on February 23, 2023 |
| February 22, 2024 | Reporting Person was awarded Performance Share Units |
| June 24, 2024 | Objectives were established for Performance Share Units awarded on February 22, 2024 |
| December 12, 2024 | Objectives were modified for Performance Share Units awarded on February 23, 2023 |
| December 27, 2024 | Transactions involving common stock and performance share units occurred. |
| December 30, 2024 | Date of signature for the Form 4 filing. |
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