Assertio Holdings (ASRT) grants CFO RSUs and 21,128 stock options

Rhea-AI Filing Summary

Assertio Holdings, Inc. reported that EVP and CFO Ajay Patel acquired equity awards consisting of restricted stock units and stock options. He received 18,804 restricted stock units, each representing a right to receive one share of common stock, and 21,128 stock options.

One-third of both the restricted stock units and the stock options are scheduled to vest on each of the first three anniversaries of the March 2, 2026 grant date, assuming continued employment through each vesting date. The awards were granted for no cash consideration, so Patel did not pay to receive these derivative securities.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Patel Ajay

(Last) (First) (Middle)

ASSERTIO HOLDINGS, INC.

100 SOUTH SAUNDERS ROAD, SUITE 300

(Street)

LAKE FOREST IL 60045

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Assertio Holdings, Inc. [ ASRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.0(1)	03/02/2026		A		18,804		(2)	03/02/2029	Common Stock	18,804	$0(3)	18,804	D
Stock Option (right to buy)	$11.77	03/02/2026		A		21,128		(2)	03/02/2036	Common Stock	21,128	$0(3)	21,128	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.

2. One-third of these restricted stock units and stock options are scheduled to vest on each of the first three anniversaries of the grant date, assuming continued employment through the applicable vesting date.

3. The derivative securities were granted to the reporting person, and were not sold to the reporting person. As such, the reporting person did not pay any consideration for the derivative securities.

	/s/ Sam Schlessinger, Attorney-in-Fact for Ajay Patel	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did Assertio (ASRT) grant to its CFO Ajay Patel?

Assertio granted CFO Ajay Patel 18,804 restricted stock units and 21,128 stock options. Each restricted stock unit represents a right to receive one share of Assertio common stock, providing him with additional equity-based compensation tied to the company’s future performance.

How do the new restricted stock units for Assertio (ASRT) CFO vest?

Ajay Patel’s 18,804 restricted stock units vest in three equal installments. One-third is scheduled to vest on each of the first three anniversaries of the March 2, 2026 grant date, conditioned on his continued employment through each respective vesting date.

What are the vesting terms for the new stock options granted by Assertio (ASRT)?

The 21,128 stock options granted to Ajay Patel vest on the same schedule as his restricted stock units. One-third of the options vest on each of the first three anniversaries of the March 2, 2026 grant date, assuming he remains employed through those vesting dates.

Did Assertio (ASRT) CFO Ajay Patel pay for the newly granted derivative securities?

Ajay Patel did not pay any cash consideration for these derivative securities. The Form 4 explains that the restricted stock units and stock options were granted to him as awards, not sold, meaning they were provided as part of his compensation package.

What does each restricted stock unit granted by Assertio (ASRT) represent?

Each restricted stock unit granted to Ajay Patel represents a contingent right to receive one share of Assertio common stock. Actual share delivery depends on the units vesting under the stated schedule and conditions, including his continued employment through the applicable vesting dates.

Is the Assertio (ASRT) CFO’s ownership from these awards direct or indirect?

The filing classifies Ajay Patel’s ownership of both the restricted stock units and stock options as direct. The transactions are reported with a direct ownership code, indicating the awards are held directly by him rather than through an intermediary entity or trust.