Mason Heather L 4
Research Summary
AI-generated summary
Assertio (ASRT) Director Heather L. Mason Receives 4,851 RSUs
What Happened Heather L. Mason, a director of Assertio Holdings, Inc. (ASRT), received an award of 4,851 restricted stock units (RSUs) on May 5, 2026. The grant is reported at $0.00 per share (i.e., no cash was paid at grant). This is a compensation award rather than a purchase or sale.
Key Details
- Transaction type: Award/Grant (Code A) — 4,851 RSUs granted on 2026-05-05 at $0.00 (reported total $0).
- Filing: Form 4 filed 2026-05-06 for a 2026-05-05 transaction (filed timely).
- Shares owned after transaction: Not specified in this filing.
- Footnote F1: RSUs vest in full on the earlier of the first anniversary of the grant date and the next annual meeting of stockholders (must be at least 50 weeks after the prior meeting); granted per the Issuer's Nonemployee Director Compensation & Grant Policy.
- Footnote F2: Reported share amounts have been adjusted to reflect a 1-for-15 reverse stock split effective December 26, 2025.
Context RSUs are a form of equity compensation that convert into shares if and when they vest; no cash changed hands at grant and this type of award is standard for non-employee directors. Such grants are routine director compensation and do not, by themselves, indicate a buy or sell signal.