MCKEE WILLIAM 4
Research Summary
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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.