Assertio (ASRT) EVP awarded new RSUs and stock options

Rhea-AI Filing Summary

Schlessinger Sam reported acquisition or exercise transactions in this Form 4 filing.

Assertio Holdings EVP and General Counsel Sam Schlessinger received new equity awards. On the reported date, he was granted 18,804 restricted stock units and 21,128 stock options, each RSU representing one share of common stock. One-third of both awards vest on each of the first three anniversaries of the grant date, subject to continued employment, and no cash consideration was paid for these grants.

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
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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^*

Schlessinger Sam

(Last) (First) (Middle)

ASSERTIO HOLDINGS, INC.

100 SOUTH SANDERS ROAD, SUITE 300

(Street)

LAKE FORREST 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, General Counsel

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	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 insider transactions did ASRT report for Sam Schlessinger?

Assertio reported equity grants to Sam Schlessinger. He received 18,804 restricted stock units and 21,128 stock options as awards. These derivative securities were granted for no cash consideration and represent part of his compensation as EVP and General Counsel.

How do the ASRT restricted stock units granted to Sam Schlessinger work?

Each restricted stock unit equals one common share. Schlessinger received 18,804 restricted stock units, each representing a contingent right to one Assertio common share, subject to vesting conditions and continued employment with the company through the applicable vesting dates.

What are the vesting terms for ASRT equity awards to Sam Schlessinger?

The awards vest over three years. One-third of the restricted stock units and one-third of the stock options are scheduled to vest on each of the first three anniversaries of the grant date, assuming Schlessinger remains employed through each vesting date.

Did Sam Schlessinger pay for the ASRT stock options and RSUs granted?

No cash was paid for these derivative securities. The filing states the restricted stock units and stock options were granted to the reporting person and not sold, so Schlessinger did not pay any consideration for these equity-based compensation awards.

What type of Form 4 transaction code was used in the ASRT filing?

The transactions used code “A” for acquisition. This code indicates a grant, award, or other acquisition of derivative securities, reflecting that Sam Schlessinger received restricted stock units and stock options as part of his compensation rather than purchasing them in the market.