[Form 4/A] Amneal Pharmaceuticals, Inc. Amended Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Amneal Pharmaceuticals President & Co-CEO Chirag K. Patel received a grant of 544,663 performance-based restricted stock units tied to Class A common stock. These units do not involve a cash purchase and represent a compensation award that can convert into shares in the future.
The award is based on Amneal’s Class A common stock achieving specified average closing price targets over a three-year performance period. The number of shares ultimately earned can range from 0% to 200% of the 544,663 target, with the table reflecting the maximum shares potentially issuable. Any units that are earned will vest in full on February 28, 2029, at the end of the performance period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patel Chirag K.
Role
President & Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 544,663 | $0.00 | -- |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 544,663 shares (Direct)
Footnotes (1)
- Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents a performance-based restricted stock unit grant of 544,663 target shares. The performance-based restricted stock units are scheduled to vest based on the Issuer's Class A Common Stock achieving certain average closing price per share targets at the end of the three-year performance period. The number of shares that would be received upon vesting, if any, may vary from 0% to 200% of the target number. The number of performance-based restricted stock units reported in the table above represents the maximum number of shares issuable under the award. Any earned performance-based restricted stock units vest in full on February 28, 2029, the last day of the performance period.
FAQ
What did Amneal (AMRX) President & Co-CEO Chirag K. Patel report on this Form 4/A?
Chirag K. Patel reported receiving 544,663 performance-based restricted stock units as an equity compensation award. These units may convert into Amneal Class A common shares if long-term stock price targets are met over a three-year performance period ending February 28, 2029.
How many Amneal (AMRX) performance-based units were granted to Chirag K. Patel?
The award covers 544,663 performance-based restricted stock units tied to Amneal’s Class A common stock. This figure represents the target grant, and the table in the filing shows the maximum number of shares that could be issued if the highest performance conditions are fully achieved.
When do Chirag K. Patel’s Amneal (AMRX) performance-based restricted stock units vest?
Any performance-based restricted stock units that are earned will vest in full on February 28, 2029. This date marks the end of the three-year performance period used to measure Amneal’s stock price targets, after which eligible units convert into Class A common shares.
What does the 0% to 200% range mean for Chirag K. Patel’s Amneal (AMRX) award?
The 0% to 200% range means Patel could receive no shares if performance goals are missed, or up to double the 544,663 target units if top performance levels are reached. The filing reports the maximum possible shares that could become issuable under this structure.