Emany Sravan Kumar 4

What Happened

• Emany Sravan Kumar, a director of Assertio Holdings, was granted 4,851 restricted stock units (RSUs) on May 5, 2026. The Form 4 reports the acquisition price as $0.00 (award/compensation), so no cash was paid by the insider.

Key Details

• Transaction date: May 5, 2026; Form 4 filed May 6, 2026 (timely).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 4,851 RSUs at $0.00 (total reported acquisition value $0).
• Shares owned after transaction: not specified in the information provided.
• Footnote F1: RSUs vest in full on the earlier of the first anniversary of the grant date and the next annual meeting of stockholders (which must be at least 50 weeks after the prior meeting); grant made under the Issuer's Nonemployee Director Compensation & Grant Policy.
• Footnote F2: Reported share counts are adjusted for a 1-for-15 reverse stock split effected Dec 26, 2025.

Context

• RSUs are a form of compensation that convert to shares only upon vesting; this is not an open-market purchase or sale and does not indicate an immediate change in the director's cash exposure to the stock.
• Such grants are common for non-employee directors as part of regular compensation.