Amneal (AMRX) Co-CEO Chintu Patel gets major RSU and PSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patel Chintu reported acquisition or exercise transactions in this Form 4 filing.
Amneal Pharmaceuticals Co-CEO Chintu Patel reported equity awards of restricted stock units. On March 2, 2026, he received 190,632 restricted stock units, each representing a contingent right to one share of Class A common stock, vesting in four equal annual installments beginning March 2, 2027.
He was also granted 354,031 performance-based restricted stock units tied to average closing price targets over a three-year performance period. The award can pay out from 0% to 200% of the 354,031 target shares, with any earned units vesting in full on February 28, 2029, representing the maximum number of shares issuable under this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patel Chintu
Role
Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 190,632 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 354,031 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 190,632 shares (Direct);
Performance-Based Restricted Stock Units — 354,031 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The restricted stock units vest in four equal annual installments beginning on March 2, 2027. Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents a performance-based restricted stock unit grant of 354,031 target shares. The performance-based restricted stock units are scheduled to vest based on the Issuer's Class A Common Stock achieving certain average closing price per share targets at the end of the three-year performance period. The number of shares that would be received upon vesting, if any, may vary from 0% to 200% of the target number. The number of performance-based restricted stock units reported in the table above represents the maximum number of shares issuable under the award. Any earned performance-based restricted stock units vest in full on February 28, 2029, the last day of the performance period.
FAQ
What insider equity awards did Amneal (AMRX) Co-CEO Chintu Patel receive?
Chintu Patel received 190,632 restricted stock units and 354,031 performance-based restricted stock units. Each unit represents a contingent right to one share of Amneal’s Class A common stock under the company’s equity compensation arrangements.
How do the new Amneal (AMRX) restricted stock units for Chintu Patel vest?
The 190,632 time-based restricted stock units vest in four equal annual installments starting March 2, 2027. This structure ties continued service to gradual ownership of Amneal’s Class A common stock over four years.
What are the terms of Chintu Patel’s performance-based RSUs at Amneal (AMRX)?
The 354,031 performance-based RSUs vest based on Amneal’s Class A common stock achieving specified average closing price targets over a three-year period. Any earned units vest in full on February 28, 2029, aligning compensation with share price performance.
What is the potential payout range for Amneal (AMRX) performance-based RSUs granted to Chintu Patel?
The payout can range from 0% to 200% of the 354,031 target performance-based RSUs. The number of shares ultimately received depends on stock price performance over the three-year performance period defined in the award terms.
When do Chintu Patel’s Amneal (AMRX) performance-based RSUs vest if earned?
Any performance-based restricted stock units that are earned vest in full on February 28, 2029. This date marks the end of the three-year performance period used to determine the number of shares earned under the award.