Amneal (NYSE: AMRX) grants RSU and performance stock awards to EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Daly Jason B. reported acquisition or exercise transactions in this Form 4 filing.
Amneal Pharmaceuticals reported that EVP and Chief Legal Officer Jason B. Daly received two equity awards on March 2, 2026. He was granted 65,359 restricted stock units that vest in four equal annual installments beginning March 2, 2027. He also received 65,359 performance-based restricted stock units tied to three-year stock price targets, with any earned units vesting on February 28, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Daly Jason B.
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 65,359 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 65,359 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 65,359 shares (Direct);
Performance-Based Restricted Stock Units — 65,359 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 65,359 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 equity awards did Amneal (AMRX) grant to Jason B. Daly?
Jason B. Daly received two equity awards: 65,359 restricted stock units and 65,359 performance-based restricted stock units. Each unit represents a contingent right to receive one share of Amneal’s Class A common stock, subject to time-based or performance-based vesting conditions tied to future dates and stock price targets.
How do the restricted stock units for Jason B. Daly at AMRX vest?
The time-based restricted stock units vest in four equal annual installments starting on March 2, 2027. This means one-quarter of the 65,359 units becomes payable in shares each year over four years, assuming continued service and satisfaction of any applicable conditions.
How are Jason B. Daly’s performance-based RSUs at Amneal structured?
The performance-based RSUs cover a target of 65,359 shares and vest based on Amneal’s Class A common stock achieving specified average closing price targets over a three-year performance period. The actual payout can range from 0% to 200% of target, depending on performance outcomes.
When do Jason B. Daly’s performance-based RSUs at AMRX vest if earned?
Any earned performance-based restricted stock units vest in full on February 28, 2029, which is the last day of the three-year performance period. The number of shares ultimately delivered depends on whether the specified stock price targets have been achieved during that period.
What does each RSU awarded to Jason B. Daly at Amneal represent?
Each restricted stock unit and performance-based restricted stock unit represents a contingent right to receive one share of Amneal Pharmaceuticals’ Class A common stock. Shares are only delivered if the applicable time-based vesting schedule or performance conditions are satisfied by the relevant vesting dates.