Crane Rosemary A 4
4 · TEVA PHARMACEUTICAL INDUSTRIES LTD · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Teva Director Rosemary A. Crane Exercises 14,492 RSUs
What Happened
- Rosemary A. Crane, a director of Teva Pharmaceutical Industries Ltd. (TEVA), had 14,492 restricted share units (RSUs) convert/exercise into ordinary shares on June 5, 2026. The filing reports the conversion (transaction code M) and a corresponding disposal entry at $0.00, indicating settlement/conversion activity rather than an open‑market sale.
Key Details
- Transaction date: June 5, 2026 (reported on Form 4 filed June 8, 2026).
- Shares involved: 14,492 shares converted/exercised; acquisition price listed as N/A; disposal reported at $0.00 (derivative).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Ordinary Shares may be represented by American Depositary Shares (1 ADS = 1 Ordinary Share).
- F2: Each RSU represents a contingent right to receive one ordinary share or, at the committee’s option, cash.
- F3: These RSUs were granted on June 5, 2025 and vested on June 5, 2026.
- Timeliness: Form 4 was filed June 8, 2026 for a June 5 transaction; this appears to meet SEC Form 4 reporting timing requirements.
Context
- The M transaction code indicates an exercise or conversion of a derivative (here, vested RSUs). The $0.00 disposal entry typically reflects conversion/settlement mechanics (not an open‑market sale), so this does not necessarily indicate selling pressure or a purchase signal. As with most RSU vesting events, this reflects compensation being settled into shares rather than a trade made for investment reasons.
Insider Transaction Report
Form 4
Crane Rosemary A
Director
Transactions
- Exercise/Conversion
Ordinary Shares
[F1][F2]2026-06-05+14,492→ 127,739 total - Exercise/Conversion
Restricted Share Units
[F2][F3][F1]2026-06-05−14,492→ 0 total→ Ordinary Shares (14,492 underlying)
Footnotes (3)
- [F1]The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- [F2]Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share.
- [F3]Restricted share units were granted on June 5, 2025 and vested on June 5, 2026.
Signature
/s/ Dov Bergwerk as attorney-in-fact for Rosemary A. Crane|2026-06-08