Teva (NYSE: TEVA) director converts 14,492 RSUs into ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teva Pharmaceutical Industries director Chen Lichtenstein exercised 14,492 restricted share units into ordinary shares, increasing his direct stake to 19,296 shares. The units were granted on June 5, 2025 and vested on June 5, 2026, and each unit settled into one ordinary share at no cash cost to him.
The ordinary shares may be held directly or represented by American Depositary Shares, each currently equal to one ordinary share. The filing reflects a compensation-related equity vesting and exercise, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,492 shares exercised/converted
Mixed
2 txns
Insider
Lichtenstein Chen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 14,492 | $0.00 | -- |
| Exercise | Ordinary Shares | 14,492 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct, null);
Ordinary Shares — 19,296 shares (Direct, null)
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. 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 June 5, 2025 and vested on June 5, 2026.
Key Figures
RSUs exercised: 14,492 units
Shares held after transaction: 19,296 shares
Exercise price per RSU: $0.00 per unit
+4 more
7 metrics
RSUs exercised
14,492 units
Restricted share units converted to ordinary shares on June 5, 2026
Shares held after transaction
19,296 shares
Direct ordinary share holdings following RSU exercise
Exercise price per RSU
$0.00 per unit
Settlement of restricted share units into ordinary shares
Derivative exercises in filing
1 transaction, 14,492 shares
Transaction code M, exercise or conversion of derivative security
ADS to ordinary share ratio
1 ADS : 1 share
Each American Depositary Share represents one ordinary share
RSU grant date
June 5, 2025
Grant date of restricted share units later exercised
RSU vesting date
June 5, 2026
Vesting date triggering settlement into ordinary shares
Key Terms
Restricted Share Units, American Depositary Shares, Exercise or conversion of derivative security, contingent right
4 terms
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
contingent right financial
"Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or the cash value."
FAQ
What insider transaction did Teva (TEVA) director Chen Lichtenstein report?
Chen Lichtenstein reported exercising 14,492 restricted share units into ordinary shares. This converted previously granted equity awards into shares he now holds directly, without an open-market purchase or sale involved in the transaction.