Director of Assertio (NASDAQ: ASRT) makes 13,332-share stock gift

Rhea-AI Filing Summary

Assertio Holdings, Inc. director Heather L. Mason reported making bona fide gifts of a total of 13,332 shares of Common Stock on May 13, 2026. One gift of 6,666 shares reduced an indirect position held by a trust to 6,666 shares, and another 6,666-share gift left 20,944 shares held directly.

Insider Trade Summary

13,332 shares gifted

Mixed 2 txns

Insider Mason Heather L

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	6,666	$0.00	--
Gift	Common Stock	6,666	$0.00	--

Holdings After Transaction: Common Stock — 20,944 shares (Direct, null); Common Stock — 6,666 shares (Indirect, By Trust)

Footnotes (1)

Key Figures

Gifted shares (trust): 6,666 shares Gifted shares (direct): 6,666 shares Total gifted shares: 13,332 shares +3 more

6 metrics

Gifted shares (trust) 6,666 shares Bona fide gift from indirect holdings by trust on May 13, 2026

Gifted shares (direct) 6,666 shares Bona fide gift from direct holdings on May 13, 2026

Total gifted shares 13,332 shares Sum of two bona fide gift transactions

Direct holdings after gifts 20,944 shares Common Stock directly owned after transactions

Indirect holdings after gifts 6,666 shares Common Stock held indirectly by trust after transactions

Gift transaction price $0.00 per share No consideration for bona fide gifts

Key Terms

bona fide gift, indirect ownership, transaction code G, Common Stock

4 terms

bona fide gift financial

"transaction_code_description": "Bona fide gift"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

indirect ownership financial

""direct_or_indirect": "I","nature_of_ownership": "By Trust""

transaction code G regulatory

""transaction_code": "G","transaction_code_description": "Bona fide gift""

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mason Heather L

(Last) (First) (Middle)

ASSERTIO HOLDINGS, INC.

100 SOUTH SAUNDERS ROAD, SUITE 300

(Street)

LAKE FOREST ILLINOIS 60045

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

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

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

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

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
Common Stock	05/13/2026		G		6,666	D	$0	20,944	D
Common Stock	05/13/2026		G		6,666	A	$0	6,666	I	By Trust

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

Explanation of Responses:

	/s/ Sam Schlessinger, Attorney-in-fact for Heather L. Mason	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Assertio (ASRT) director Heather L. Mason report?

Heather L. Mason reported bona fide gifts of Assertio Common Stock. She gifted 13,332 shares in total, split into two 6,666-share gifts, affecting both indirect trust holdings and her direct ownership.

How many Assertio (ASRT) shares did Heather L. Mason gift?

She gifted 13,332 Assertio shares. The Form 4 shows two bona fide gift transactions of 6,666 shares each of Common Stock, with no price per share reported because gifts involve no sale proceeds.

How did the gifts affect Heather L. Mason’s direct ownership of ASRT stock?

After gifting 6,666 directly held shares, her direct holdings stood at 20,944 shares. This reflects the number of Assertio Common Stock shares she owned directly following the reported transactions on May 13, 2026.

How did the gifts affect Heather L. Mason’s indirect ASRT holdings by trust?

One 6,666-share gift came from indirect holdings described as "By Trust." After this transfer, 6,666 shares of Assertio Common Stock remained held indirectly by the trust associated with her beneficial ownership.

Were Heather L. Mason’s ASRT transactions open-market sales or purchases?

No, they were not market trades. Both entries on the Form 4 are coded "G" and described as bona fide gifts, meaning shares were transferred without consideration rather than bought or sold in the open market.