TEVA (NYSE: TEVA) EVP Matthew Shields receives 33,424 restricted share units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEVA PHARMACEUTICAL INDUSTRIES LTD reported that EVP, Global Operations Matthew Shields acquired 33,424 restricted share units as a grant on March 4, 2026. Each restricted share unit represents a contingent right to receive one ordinary share or, at the committee’s option, the cash value of one ordinary share.
The award vests in four equal installments of 8,356 units on March 4 of 2027, 2028, 2029, and 2030. The filing notes that the company’s ordinary shares may be represented by American Depositary Shares, and that each ADS currently represents one ordinary share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shields Matthew
Role
EVP, Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 33,424 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 33,424 shares (Direct)
Footnotes (1)
- Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share. Restricted share units were granted on March 4, 2026, with 8,356 vesting on each of March 4, 2027, March 4, 2028, March 4, 2029, and March 4, 2030. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
FAQ
What insider transaction did TEVA EVP Matthew Shields report on this Form 4?
Matthew Shields reported receiving a grant of 33,424 restricted share units. These units give him a contingent right to receive one ordinary share, or its cash value, for each unit upon settlement, subject to the vesting schedule.
What role does Matthew Shields hold at TEVA in connection with this Form 4 grant?
Matthew Shields serves as Executive Vice President, Global Operations at TEVA. The reported transaction reflects an equity-based compensation grant of restricted share units tied to his executive position and subject to a four-year vesting schedule through 2030.