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Royalty Pharma (RPRX) director awarded 4,545 restricted stock units in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Norden Gregory reported acquisition or exercise transactions in this Form 4 filing.

Royalty Pharma plc director Gregory Norden received a new equity grant. On June 5, 2026, he was awarded 4,545 Class A Ordinary Shares in the form of restricted stock units at a price of $0.00 per share under the company’s 2020 Independent Director Equity Incentive Plan.

The restricted stock units are scheduled to vest 100% on the earlier of the one-year anniversary of the grant date or the date of the next annual shareholders’ meeting, subject to plan and award terms. Following this grant, Norden directly holds 196,348 Class A Ordinary Shares.

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Insider Norden Gregory
Role null
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares 4,545 $0.00 --
Holdings After Transaction: Class A Ordinary Shares — 196,348 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 4,545 shares Restricted stock units granted on June 5, 2026
Grant price $0.00 per share Price for 4,545 Class A Ordinary Shares awarded
Post-grant holdings 196,348 shares Class A Ordinary Shares held directly after the grant
Vesting trigger 1 year or next annual meeting 100% vesting on earlier of these dates, per plan terms
Transaction date June 5, 2026 Date of RSU grant to director Gregory Norden
restricted stock units financial
"Reflects an award of restricted stock units under the Issuer's 2020 Independent Director Equity Incentive Plan"
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.
2020 Independent Director Equity Incentive Plan financial
"an award of restricted stock units under the Issuer's 2020 Independent Director Equity Incentive Plan (the "Plan")"
vest 100% financial
"generally scheduled to vest 100% on the earlier of (i) the one-year anniversary of the grant date"
annual meeting of the Issuer's shareholders financial
"and (ii) the date of the annual meeting of the Issuer's shareholders in the first calendar year"
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SEC Form 4
FORM 4UNITED 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*
Norden Gregory

(Last)(First)(Middle)
C/O ROYALTY PHARMA PLC
110 E. 59TH STREET

(Street)
NEW YORK NEW YORK 10022

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Royalty Pharma plc [ RPRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares06/05/2026A4,545(1)A$0196,348D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects an award of restricted stock units under the Issuer's 2020 Independent Director Equity Incentive Plan (the "Plan") that is generally scheduled to vest 100% on the earlier of (i) the one-year anniversary of the grant date and (ii) the date of the annual meeting of the Issuer's shareholders in the first calendar year following the grant date, subject to the terms of the Plan and the applicable award agreement thereunder.
Remarks:
/s/ Sean Weisberg, as Attorney-in-Fact for Gregory Norden06/08/2026
** Signature of Reporting PersonDate
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 did Royalty Pharma (RPRX) director Gregory Norden report in this Form 4?

Gregory Norden reported receiving 4,545 Class A Ordinary Shares as a restricted stock unit award. The grant was priced at $0.00 per share and was made under Royalty Pharma’s 2020 Independent Director Equity Incentive Plan, reflecting routine equity-based director compensation.

How many Royalty Pharma (RPRX) shares does Gregory Norden hold after this grant?

After the reported grant, Gregory Norden directly holds 196,348 Class A Ordinary Shares of Royalty Pharma. This total reflects his updated position following the 4,545-share restricted stock unit award disclosed in the Form 4 filing for the June 5, 2026 transaction date.

What are the vesting terms of Gregory Norden’s new Royalty Pharma (RPRX) restricted stock units?

The 4,545 restricted stock units are scheduled to vest 100% on the earlier of the one-year anniversary of the grant date or the date of Royalty Pharma’s next annual shareholders’ meeting, subject to the terms of the 2020 Independent Director Equity Incentive Plan and the specific award agreement.

Was cash paid for the Royalty Pharma (RPRX) shares reported in this Form 4?

No cash was paid for these shares; the Form 4 lists a transaction price of $0.00 per share. The 4,545 Class A Ordinary Shares were granted as restricted stock units under Royalty Pharma’s equity incentive plan, representing non-cash, stock-based director compensation.

Is Gregory Norden’s Royalty Pharma (RPRX) transaction a purchase or an award?

The transaction is an award, not an open-market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, and consists of 4,545 restricted stock units granted under Royalty Pharma’s 2020 Independent Director Equity Incentive Plan.

Which plan governs Gregory Norden’s new Royalty Pharma (RPRX) equity grant?

The award is governed by Royalty Pharma’s 2020 Independent Director Equity Incentive Plan. The Form 4 footnote explains that the 4,545 restricted stock units were granted under this plan and are subject to its terms and the applicable award agreement, including the specified vesting schedule.