MCKEE WILLIAM 4
4 · Assertio Holdings, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Assertio (ASRT) Director William McKee Receives Award 4,851 Shares
What Happened William McKee, a director of Assertio Holdings, received a grant of 4,851 restricted stock units (RSUs) on May 5, 2026. The reported acquisition price is $0.00 (an award/compensation grant), so no cash was paid. The RSUs were granted under the company’s Nonemployee Director Compensation & Grant Policy and the award amount has been adjusted to reflect the company’s 1-for-15 reverse stock split.
Key Details
- Transaction date: 2026-05-05; filing date: 2026-05-06 (timely).
- Transaction type/code: Award/Grant (A); reported price $0.00; total reported cash value $0.
- Shares reported: 4,851 RSUs (post 1-for-15 reverse split). Equivalent pre-split amount would have been 72,765 RSUs (4,851 × 15).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Notable footnotes: F1 — RSUs vest in full on the earlier of the first anniversary of the grant date and the next annual meeting (at least 50 weeks after the prior meeting); F2 — numbers adjusted for the 1-for-15 reverse stock split effective Dec 26, 2025.
- No 10b5-1 plan, tax-withholding sale, or late-filing indication noted.
Context This was a compensation award to a non-employee director (routine director equity grant) rather than an open-market purchase or sale. Such awards are standard for director pay and do not by themselves indicate a buy/sell signal from the insider. The RSUs will vest per the schedule described in the filing.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-05+4,851→ 27,936 total
Footnotes (2)
- [F1]Restricted stock units that (1) vest in full on the earlier of the first anniversary of the grant date and the next annual meeting of stockholders which is at least 50 weeks after the immediately preceding year's annual meeting, and (2) were granted on the date of the Issuer's 2026 Annual Meeting of Stockholders in accordance with the Issuer's Nonemployee Director Compensation & Grant Policy.
- [F2]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.