SUPN executive reports RSU award and tax withholding
SUPERNUS PHARMACEUTICALS, INC.
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Rhea-AI Filing Summary
SUPERNUS PHARMACEUTICALS, INC. Sr. VP of IP and CSO Padmanabh P. Bhatt reported equity award-related transactions. A grant of 1,250 shares of common stock was acquired at a price of $0.00, tied to restricted stock units that convert into one share each upon vesting.
On the same date, 1,250 restricted stock units were disposed back to the issuer and 650 shares of common stock at $50.69 were withheld by the company to cover tax obligations in connection with RSU vesting, rather than sold on the open market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Unit | 1,250 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 650 | $50.69 | $33K |
Footnotes (3)
- F1. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.
- F2. Each restricted stock unit represents the right to receive one share of Supernus common stock upon vesting.
- F3. These restricted stock units are settled in common stock upon vesting, which occurs in four equal annual installments, beginning on February 23, 2024.
FAQ
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What insider transactions did SUPN executive Padmanabh P. Bhatt report on this Form 4?
What does the restricted stock unit grant to SUPN’s Padmanabh P. Bhatt represent?
How did these transactions affect Padmanabh P. Bhatt’s SUPN common stock holdings?
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