Kirk Sigurd 4

What Happened

• Kirk Sigurd, a director of Assertio Holdings, Inc. (ASRT), received a grant of 4,851 restricted stock units (RSUs) on 2026-05-05. The reported acquisition price is $0.00, so no cash was paid; this is an award (transaction code A), not a market purchase or sale.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-06 (timely filing).
• Shares granted: 4,851 RSUs; reported acquisition price: $0.00; total immediate cash value reported: $0.
• Vesting terms (footnote): RSUs vest in full on the earlier of the first anniversary of the grant date and the next annual meeting of stockholders that is at least 50 weeks after the prior year’s meeting. Grant made per the Issuer’s Nonemployee Director Compensation & Grant Policy and was awarded at the 2026 Annual Meeting.
• Reverse split adjustment (footnote): A 1-for-15 reverse stock split effective 12/26/2025 was applied; the reported RSU count reflects post-split figures.
• Shares owned after transaction: not specified in the supplied details of this summary.
• No 10b5-1 plan, tax-withholding sale, or option exercise indicated in the provided filing items.

Context

• RSUs are conditional awards that convert into shares only upon vesting; they do not represent immediate open-market buying or selling. Such director grants are routine nonemployee compensation and should be read as alignment/compensation events rather than a direct trading signal. The reverse split note means historical share counts on older filings will not be directly comparable without adjusting for the 1-for-15 split.