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Supernus awards Bhatt stock grant for 100,000 shares

The award's vesting is divided among the merger closing and the first three anniversaries of that closing.

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Form Type
4

Rhea-AI Filing Summary

Supernus Pharmaceuticals, Inc. reported a grant of 100,000 restricted stock units to Padmanabh P. Bhatt, its Sr. VP of IP, CSO, on October 30, 2026. The units settle in common stock upon vesting: 50% upon closing of the merger-of-equals transaction between Supernus and Indivior Pharmaceuticals, Inc.; 15% on each of the first and second anniversaries of closing; and 20% on the third anniversary.

Insider Bhatt Padmanabh P.
Role Sr. VP of IP, CSO
Type Security Shares Price Value
Grant/Award Restricted Stock Unit F1 100,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 100,000 contracts (Direct)
Holdings Before and After: Restricted Stock Unit, 0 to 100,000 contracts (Direct)
Footnotes (1)
  1. F1. These restricted stock units ("RSUs") are settled in common stock upon vesting, which occurs in four installments. 50% of the RSUs vest upon the closing of the merger-of-equals transaction between Supernus Pharmaceuticals, Inc. and Indivior Pharmaceuticals, Inc. (the "Closing"). 15% of the RSUs vest upon the one-year anniversary of the Closing. 15% of the RSUs vest upon the two-year anniversary of the Closing. 20% of the RSUs vest upon the three-year anniversary of the Closing.
Restricted stock units granted 100,000 units Award to Padmanabh P. Bhatt on October 30, 2026
Underlying common shares 100,000 shares Shares underlying the restricted stock units
Vesting upon merger closing 50% Upon closing of the merger-of-equals transaction
Vesting on first anniversary 15% One-year anniversary of the merger closing
Vesting on second anniversary 15% Two-year anniversary of the merger closing
Vesting on third anniversary 20% Three-year anniversary of the merger closing
restricted stock units financial
"These restricted stock units ("RSUs") are settled in common stock"
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.
vesting financial
"settled in common stock upon vesting, which occurs in four installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
merger-of-equals transaction financial
"closing of the merger-of-equals transaction between Supernus Pharmaceuticals, Inc."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did SUPN's Padmanabh P. Bhatt receive?

Padmanabh P. Bhatt, Supernus Pharmaceuticals, Inc.'s Sr. VP of IP, CSO, was granted 100,000 restricted stock units on October 30, 2026. His reported direct RSU position following the grant was 100,000 units.

When do Padmanabh Bhatt's SUPN RSUs vest?

The RSUs settle in common stock upon vesting. 50% vest upon closing of the merger-of-equals transaction between Supernus Pharmaceuticals, Inc. and Indivior Pharmaceuticals, Inc.; 15% vest on each of the first and second anniversaries of closing, and 20% on the third anniversary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Bhatt Padmanabh P.

(Last)(First)(Middle)
C/O SUPERNUS PHARMACEUTICALS, INC.
9715 KEY WEST AVENUE

(Street)
ROCKVILLE MARYLAND 20850

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SUPERNUS PHARMACEUTICALS, INC. [ SUPN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. VP of IP, CSO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026
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
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
Restricted Stock Unit$010/30/2026A100,000 (1) (1)Common Stock100,000$0100,000D
Explanation of Responses:
1. These restricted stock units ("RSUs") are settled in common stock upon vesting, which occurs in four installments. 50% of the RSUs vest upon the closing of the merger-of-equals transaction between Supernus Pharmaceuticals, Inc. and Indivior Pharmaceuticals, Inc. (the "Closing"). 15% of the RSUs vest upon the one-year anniversary of the Closing. 15% of the RSUs vest upon the two-year anniversary of the Closing. 20% of the RSUs vest upon the three-year anniversary of the Closing.
Remarks:
/s/ Timothy C. Dec, as attorney-in-fact11/02/2026
** 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)

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