SUPERNUS (NASDAQ: SUPN) CFO exercises performance units, settles taxes in shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SUPERNUS PHARMACEUTICALS, INC. Senior Vice-President & CFO Timothy C. Dec exercised performance share units and settled related taxes in stock. On March 6, 2026, he converted awards into 6,000 shares of common stock, with 2,883 shares withheld at $54.73 per share for tax obligations, leaving 8,232 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,000 shares exercised/converted
Mixed
6 txns
Insider
DEC TIMOTHY C
Role
Senior Vice-President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Unit | 3,000 | $0.00 | -- |
| Exercise | Performance Share Unit | 3,000 | $0.00 | -- |
| Exercise | Common Stock | 3,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,433 | $54.73 | $78K |
| Exercise | Common Stock | 3,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,450 | $54.73 | $79K |
Holdings After Transaction:
Performance Share Unit — 0 shares (Direct);
Common Stock — 8,115 shares (Direct)
Footnotes (1)
- 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. On February 22, 2024, 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 June 24, 2024.
FAQ
What did SUPN CFO Timothy C. Dec report in this Form 4?
Timothy C. Dec reported exercising performance share units into 6,000 shares of SUPERNUS common stock. As part of the transaction, a portion of the shares was automatically withheld to cover tax obligations tied to the vesting of these compensation-related awards.
Were these SUPN transactions open-market buys or sales by the CFO?
These transactions were not open-market buys or sales. They reflect the exercise of performance share unit awards and the company’s withholding of shares to cover related tax liabilities, a common mechanism for settling tax obligations on equity compensation.
What do the footnotes reveal about the SUPN Form 4 transactions?
The footnotes explain that the withheld shares were used to satisfy tax withholding requirements on vested performance share units. They also state that the units were awarded on February 22, 2024, with vesting tied to individual performance objectives set on June 24, 2024.