Schwichtenberg Paul 4

4 · Assertio Holdings, Inc. · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

Assertio (ASRT) President Paul Schwichtenberg Receives Award (RSU Vesting)

What Happened

Paul Schwichtenberg, President and COO of Assertio Holdings, had restricted stock units (RSUs) vest on February 7, 2026. The filing shows conversion/exercise of 1,666 derivative units into 1,666 shares (code M), and 825 shares were withheld to cover tax withholding (code F) at $12.74 per share, totaling $10,511. This was a compensation/vesting event, not an open‑market purchase.

Key Details

Transaction date: February 7, 2026; Form 4 filed February 10, 2026 (no late-filing flag shown).
Shares converted/issued: 1,666 (conversion of derivative/RSU); Shares withheld for taxes: 825 at $12.74 ($10,511).
Share amounts have been adjusted for a 1-for-15 reverse stock split effective December 26, 2025 (footnote F1).
Footnotes: F2 = shares withheld for taxes; F3/F4 = settlement of vested RSUs and standard 1/3 vesting schedule (Feb 7, 2025, 2026, 2027); F5 = derivative securities were granted and no cash consideration was paid.
Shares owned after the transaction are not specified in the provided excerpt.

Context

This was a routine RSU vesting and tax-withholding transaction (often called a cashless settlement), not a discretionary purchase or sale in the open market. Withholding to cover taxes is common with equity compensation and should not be read as a market sentiment trade.

Form 4

Period: 2026-02-07

President and COO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-07+1,666→ 12,834 total
Tax Payment
Common Stock
[F2]
2026-02-07$12.74/sh−825$10,511→ 12,009 total
Exercise/Conversion
Restricted Stock Units
[F3][F5][F4]
2026-02-07−1,666→ 1,667 total
Exercise: $0.00Exp: 2027-02-07→ Common Stock (1,666 underlying)

Footnotes (5)

[F1]On December 26, 2025, the Issuer effected a 1-for-15 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
[F2]Represents shares of common stock withheld for payment of taxes upon the vesting of restricted stock units.
[F3]Each restricted stock unit represents the contingent right to receive one share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
[F4]One-third of these restricted stock units vests on each of February 7, 2025, 2026 and 2027, assuming continued employment through the applicable vesting date. All share amounts have been adjusted to reflect the Reverse Stock Split.
[F5]The derivative securities were granted to the reporting person, and were not sold to the reporting person. As such, the reporting person did not pay any consideration for the derivative securities.

Signature

/s/ Sam Schlessinger, Attorney-in-Fact for Paul Schwichtenberg|2026-02-10

1 file