Supernus Pharmaceuticals (SUPN) CFO exercises 1,250 performance share units, withholds shares for tax
Rhea-AI Filing Summary
SUPERNUS PHARMACEUTICALS, INC. reported that Senior Vice-President & CFO Timothy C. Dec exercised 1,250 Performance Share Units into 1,250 shares of common stock on August 12, 2026. The related derivative position was reduced to 0 units. Of the shares received, 604 shares were withheld by the company at $46.57 per share to satisfy tax withholding requirements tied to the vesting of these Performance Share Units. The filing also notes that Mr. Dec’s holdings include 251 shares acquired through the issuer’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 646 shares
Net Buy
3 txns
Insider
DEC TIMOTHY C
Role
Senior Vice-President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Unit F3 | 1,250 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,250 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 604 | $46.57 | $28K |
Holdings After Transaction:
Performance Share Unit — 0 shares (Direct);
Common Stock — 9,129 shares (Direct)
Footnotes (3)
- F1. Includes an aggregate of 251 shares acquired by the Reporting Person through the Issuer's Employee Stock Purchase Plan.
- F2. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the vesting of Performance Share Units.
- F3. On February 19, 2025, the Reporting Person was awarded Performance Share Units, a portion of which vested upon the achievement of individual performance objectives within a defined performance period, which objectives were established on May 3, 2025.
Key Figures
Performance Share Units Exercised: 1,250 units
Common Shares Acquired: 1,250 shares
Shares Withheld for Taxes: 604 shares
+2 more
5 metrics
Performance Share Units Exercised
1,250 units
Performance Share Units converted into common stock on August 12, 2026
Common Shares Acquired
1,250 shares
Shares of common stock received upon PSU exercise by CFO
Shares Withheld for Taxes
604 shares
Common stock withheld to satisfy tax withholding requirements
Withholding Price
$46.57 per share
Price used for shares withheld to cover tax liability
ESPP Shares Included
251 shares
Shares acquired through the Employee Stock Purchase Plan included in holdings
Key Terms
Performance Share Unit, Employee Stock Purchase Plan, tax withholding requirements, Exercise or conversion of derivative security
4 terms
Employee Stock Purchase Plan financial
"Includes an aggregate of 251 shares acquired ... through the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding requirements financial
"shares of common stock withheld by the Company to satisfy tax withholding requirements"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transaction did SUPN CFO Timothy C. Dec report on August 12, 2026?
Timothy C. Dec exercised 1,250 Performance Share Units, receiving 1,250 shares of Supernus Pharmaceuticals common stock. The underlying performance share award had been granted in February 2025 and vested based on specified individual performance objectives established in May 2025.
Were the SUPN insider transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not reference a trading plan. The transactions are reported as compensation-related vesting, exercise, and tax withholding rather than pre-planned market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.