Restricted stock award lifts Assertio (NASDAQ: ASRT) director holdings

Rhea-AI Filing Summary

Emany Sravan Kumar reported acquisition or exercise transactions in this Form 4 filing.

Assertio Holdings, Inc. director Sravan Kumar Emany received a grant of 4,851 shares of Common Stock in the form of restricted stock units at no purchase price. These units vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders that is at least 50 weeks after the prior year's meeting. Following this award, he directly holds 23,855 shares of Common Stock. All reported share amounts reflect a 1-for-15 reverse stock split that became effective on December 26, 2025.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Emany Sravan Kumar

Role null

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

Holdings After Transaction: Common Stock — 23,855 shares (Direct, null)

Footnotes (1)

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. 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: 4,851 units Shares held after transaction: 23,855 shares Per-share grant price: $0.0000 per share +1 more

4 metrics

RSU grant 4,851 units Nonemployee director award on grant date

Shares held after transaction 23,855 shares Common Stock directly owned following the grant

Per-share grant price $0.0000 per share Compensation grant, not an open-market purchase

Reverse stock split ratio 1-for-15 Effective December 26, 2025; all reported amounts adjusted

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 is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

Nonemployee Director Compensation & Grant Policy financial

"in accordance with the Issuer's Nonemployee Director Compensation & Grant Policy"

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^*

Emany Sravan Kumar

(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	23,855(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 Sravan K. Emany	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)

FAQ

What insider transaction did Assertio (ASRT) director Sravan Kumar Emany report?

He reported receiving 4,851 restricted stock units of Assertio Common Stock as a grant. The award was made under the company’s nonemployee director compensation policy and increased his direct holdings to 23,855 shares after the transaction, with no cash paid per share.

How many Assertio (ASRT) shares does Sravan Kumar Emany hold after this Form 4?

After the reported grant, he directly holds 23,855 shares of Assertio Common Stock. This total includes the 4,851 restricted stock units awarded in the transaction, with all share amounts already adjusted for the company’s 1-for-15 reverse stock split completed in December 2025.

What are the vesting terms of the 4,851 restricted stock units at Assertio (ASRT)?

The 4,851 restricted stock units vest in full on a single future date. Vesting occurs on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting that takes place at least 50 weeks after the immediately preceding year’s annual meeting.

Was there any purchase price for the Assertio (ASRT) shares granted to the director?

No, the Form 4 shows a per-share transaction price of $0.0000 for this grant. That indicates the 4,851 restricted stock units were provided as a compensation award rather than bought in the open market, consistent with nonemployee director equity compensation practices.

How did Assertio’s 1-for-15 reverse stock split affect this Form 4 data?

All share numbers in the Form 4 are adjusted for the 1-for-15 reverse stock split. A footnote explains that the reverse split became effective on December 26, 2025, and the reported 4,851-unit grant and 23,855 total shares reflect that adjusted share count.