Supernus Pharmaceuticals (SUPN) SVP gets 3,750 performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SUPERNUS PHARMACEUTICALS, INC. reported an insider equity award for senior vice president and Chief Technology Operations Officer Frank Mottola. He acquired 3,750 Performance Share Units at a stated price of $0.00 per unit, leaving him with 3,750 such derivative securities held directly after the transaction.
According to the footnote, these Performance Share Units were originally awarded on February 23, 2023, with individual performance objectives for a defined performance period established on June 12, 2023. A portion of that award vested upon achievement of these objectives, and the reported acquisition reflects this vesting-based grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mottola Frank
Role
SVP, Chief Tech. Ops. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Unit | 3,750 | $0.00 | -- |
Holdings After Transaction:
Performance Share Unit — 3,750 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SUPN report for Frank Mottola?
Supernus Pharmaceuticals reported that SVP and Chief Technology Operations Officer Frank Mottola acquired 3,750 Performance Share Units at a stated price of $0.00 per unit, reflecting a vesting-based equity award tied to earlier performance conditions.
Was the SUPN insider transaction a purchase or an equity award?
The transaction was an equity award, not a market purchase. It is coded as a grant or other acquisition of 3,750 Performance Share Units at $0.00 per unit, representing compensation rather than an open-market buy or sell of common stock.
How did this Form 4 change Frank Mottola’s SUPN holdings?
Following the reported transaction, Frank Mottola holds 3,750 Performance Share Units directly. The filing does not indicate any dispositions, only the vesting-related acquisition of these derivative securities as part of his compensation package.
What role does the insider in this SUPN Form 4 hold?
The reporting person, Frank Mottola, serves as Senior Vice President and Chief Technology Operations Officer at Supernus Pharmaceuticals. The 3,750 Performance Share Units reported are part of his incentive compensation based on individual performance objectives.