Indivior CLO vests 79,893 performance shares
Indivior Pharmaceuticals, Inc. Chief Legal Officer Jeffrey W. Burris reported the vesting of performance stock units on March 3, 2026.
Rhea-AI Filing Summary
Indivior Pharmaceuticals, Inc. Chief Legal Officer Jeffrey W. Burris reported the vesting of performance stock units on March 3, 2026. The units vested after performance conditions were determined to be met at 76.6%, resulting in 79,893 common shares vesting from a 104,300 target grant made on March 3, 2023. Each performance stock unit corresponded to one share of common stock. To cover tax withholding obligations from this vesting, 36,032 shares of common stock were disposed of at a price of $31.98 per share, leaving Burris with 71,518 directly owned common shares after these transactions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 104,300 | $0.00 | $0.00 |
| Exercise | Common Stock | 79,893 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 36,032 | $31.98 | $1.15M |
Footnotes (3)
- F1. Represents the vesting of performance stock units upon the determination that the performance conditions were met at 76.6% with respect to the performance stock units granted to the Reporting Person on March 3, 2023, of which 79,893 shares vested out of the 104.300 target amount.
- F2. Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3. Shares used to satisfy tax withholding obligations associated with the vesting of performance stock units on March 3, 2026.
FAQ
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