Assertio director granted 4,851 RSUs in Form 4

MCKEE WILLIAM reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

MCKEE WILLIAM reported acquisition or exercise transactions in this Form 4 filing.

Assertio Holdings, Inc. director William McKee received an equity award of 4,851 shares of common stock in the form of restricted stock units, granted at no cash cost. These units vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders meeting that is at least 50 weeks after the prior year’s meeting. Following this grant, McKee holds 27,936 shares of common stock directly. The reported share amounts reflect a 1-for-15 reverse stock split the company effected on December 26, 2025.

Insider Trade Summary

Grant/Award: 4,851 shares

Grant/Award 1 txn

Insider MCKEE WILLIAM

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,851	$0.00	$0.00

Holdings After Transaction: Common Stock — 27,936 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units that (1) vest in full on the earlier of the first anniversary of the grant date and the next annual meeting of stockholders which is at least 50 weeks after the immediately preceding year's annual meeting, and (2) were granted on the date of the Issuer's 2026 Annual Meeting of Stockholders in accordance with the Issuer's Nonemployee Director Compensation & Grant Policy.
2. F2. On December 26, 2025, the Issuer effected a 1-for-15 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

Key Figures

RSU grant size: 4,851 shares Shares after transaction: 27,936 shares Transaction code: A +2 more

5 metrics

RSU grant size 4,851 shares Restricted stock units granted to director on grant date

Shares after transaction 27,936 shares Total common stock held directly after award

Transaction code A Grant, award, or other acquisition on Form 4

Reverse stock split ratio 1-for-15 Assertio reverse split effective December 26, 2025

Transaction price per share $0.00/share Reported price for RSU grant to director

Key Terms

restricted stock units, reverse stock split, Nonemployee Director Compensation & Grant Policy

3 terms

restricted stock units financial

"Restricted stock units that (1) vest in full on the earlier of the first anniversary"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

reverse stock split financial

"the Issuer effected a 1-for-15 reverse stock split (the "Reverse Stock Split")"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

Nonemployee Director Compensation & Grant Policy financial

"granted on the date of the Issuer's 2026 Annual Meeting of Stockholders in accordance with the Issuer's Nonemployee Director Compensation & Grant Policy"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Assertio (ASRT) report for William McKee?

Assertio reported that director William McKee received a grant of 4,851 restricted stock units of common stock. The award was made at no cash cost and reflects routine nonemployee director compensation under the company’s grant policy tied to its 2026 annual meeting.

How many Assertio (ASRT) shares does William McKee hold after this Form 4?

After this award, director William McKee holds 27,936 shares of Assertio common stock directly. This figure includes the newly granted restricted stock units and is adjusted for the company’s prior 1-for-15 reverse stock split completed on December 26, 2025.

When do William McKee’s new Assertio (ASRT) restricted stock units vest?

The restricted stock units vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders that occurs at least 50 weeks after the immediately preceding year’s annual meeting, aligning the grant with Assertio’s director compensation schedule.

What type of transaction code appears on William McKee’s Assertio (ASRT) Form 4?

The Form 4 shows an “A” transaction code, which indicates a grant, award, or other acquisition. In this case, it represents restricted stock units awarded to nonemployee director William McKee as part of Assertio’s Nonemployee Director Compensation & Grant Policy.

How did Assertio’s reverse stock split affect William McKee’s reported holdings?

Assertio completed a 1-for-15 reverse stock split on December 26, 2025. The share numbers reported for William McKee on this Form 4, including the 4,851 restricted stock units and 27,936 shares held after the transaction, have been adjusted to reflect that reverse split.

Are William McKee’s new Assertio (ASRT) shares a market purchase or a compensation grant?

The 4,851 Assertio shares reported are a compensation grant of restricted stock units, not an open-market purchase. The award was granted at a reported price of $0.00 per share under the company’s Nonemployee Director Compensation & Grant Policy.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/06/2026 - 06:02 PM EDT Learn about SEC filing dates

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^*

MCKEE WILLIAM

(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)
05/05/2026

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	05/05/2026		A		4,851(1)	A	$0	27,936(2)	D

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:

1. Restricted stock units that (1) vest in full on the earlier of the first anniversary of the grant date and the next annual meeting of stockholders which is at least 50 weeks after the immediately preceding year's annual meeting, and (2) were granted on the date of the Issuer's 2026 Annual Meeting of Stockholders in accordance with the Issuer's Nonemployee Director Compensation & Grant Policy.

2. On December 26, 2025, the Issuer effected a 1-for-15 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

	/s/ Sam Schlessinger, Attorney-in-fact for William T. McKee	05/06/2026
	** 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)