Sherbet Eric 4

What Happened
Eric Sherbet, Executive Vice President and General Counsel of IQVIA Holdings Inc. (IQV), was granted 12,112 stock appreciation rights (SARs) on February 9, 2026. The SARs were awarded at $0 cash cost to the insider (derivative award); no shares were purchased or sold.

Key Details

• Transaction date: 2026-02-09 (reported on Form 4 filed 2026-02-11). Filing appears timely (reported two days after the transaction).
• Security/transaction type: Stock appreciation rights (derivative award), code A (award/grant).
• Amount: 12,112 SARs; acquisition price shown as $0.00 (no cash paid). Reported total purchase value: $0.
• Vesting: Footnote states the SARs vest in three annual installments beginning February 9, 2027.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context
A stock appreciation right is a derivative award that gives the holder the right to receive the appreciation in the company’s stock price over time (often settled in cash or stock) rather than immediate stock ownership. Because this is a time‑based award with future vesting, it is a compensation event rather than an immediate market bet by the insider.