Teva (NYSE: TEVA) director receives 7,242 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elstein Amir reported acquisition or exercise transactions in this Form 4 filing.
TEVA PHARMACEUTICAL INDUSTRIES LTD director Amir Elstein received a grant of 7,242 restricted share units. These units were awarded on May 28, 2026 and will vest on May 28, 2027. Each unit represents a contingent right to receive one ordinary share or, at the committee’s option, the cash value of one ordinary share.
After this grant, Elstein holds 7,242 restricted share units directly. The ordinary shares may be represented by American Depositary Shares, with each ADS currently representing one ordinary share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Elstein Amir
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 7,242 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 7,242 shares (Direct, null)
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 May 28, 2026 and vest on May 28, 2027. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
Key Figures
RSUs granted: 7,242 units
Grant price: $0.00 per unit
Underlying ordinary shares: 7,242 shares
+3 more
6 metrics
RSUs granted
7,242 units
Restricted share units granted on May 28, 2026
Grant price
$0.00 per unit
Stock-based compensation award, not an open-market purchase
Underlying ordinary shares
7,242 shares
One ordinary share underlying each restricted share unit
Units after transaction
7,242 units
Total restricted share units held directly after the grant
Vesting date
May 28, 2027
Date when restricted share units vest
ADS ratio
1 ADS : 1 ordinary share
Each American Depositary Share currently represents one ordinary share
Key Terms
Restricted Share Units, contingent right, American Depositary Shares, vesting
4 terms
contingent right financial
"represents a contingent right to receive, at settlement, one ordinary share or the cash value"
vesting financial
"Restricted share units were granted on May 28, 2026 and vest on May 28, 2027"
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.
FAQ
What did Teva (TEVA) director Amir Elstein report in this Form 4?
Director Amir Elstein reported receiving a grant of 7,242 restricted share units. These derivative awards give him contingent rights to ordinary shares or equivalent cash value, reflecting stock-based compensation rather than an open-market share purchase or sale.