Amneal (AMRX) CFO earns 458,716 performance RSUs, with shares withheld for taxes
Rhea-AI Filing Summary
Amneal Pharmaceuticals Executive Vice President & CFO Tasos Konidaris reported multiple equity award vestings and related share issuances. On March 3 and 4, 2026, restricted stock units and performance-based restricted stock units were exercised and converted into shares of Class A Common Stock at no exercise price.
A performance-based grant of 458,716 performance-based restricted stock units from a March 3, 2023 award vested at 200% of its targeted amount after share-price conditions were met and was settled one-for-one into Class A shares. Across the transactions, portions of the newly issued shares, including amounts such as 229,817 shares at $13.31 and other blocks at prices around $13.30–$13.31, were withheld to cover tax withholding obligations, rather than sold in open-market trades. Following these events, Konidaris directly held 449,434 shares of Class A Common Stock as of the latest reported transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 49,982 | $0.00 | -- |
| Exercise | Class A Common Stock | 43,982 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 22,035 | $13.30 | $293K |
| Exercise | Restricted Stock Units | 45,290 | $0.00 | -- |
| Exercise | Restricted Stock Units | 57,339 | $0.00 | -- |
| Exercise | Restricted Stock Units | 28,538 | $0.00 | -- |
| Exercise | Performance-Based Restricted Stock Units | 458,716 | $0.00 | -- |
| Exercise | Class A Common Stock | 45,290 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 16,182 | $13.31 | $215K |
| Exercise | Class A Common Stock | 57,339 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 24,251 | $13.31 | $323K |
| Exercise | Class A Common Stock | 28,538 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 14,298 | $13.31 | $190K |
| Exercise | Class A Common Stock | 458,716 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 229,817 | $13.31 | $3.06M |
Footnotes (1)
- Represents the gross number of shares of common stock awarded to the reporting person in connection with the vesting of restricted stock units. The actual number of shares issued was reduced by the number of shares withheld to satisfy tax withholding obligations. See footnote 3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents shares of common stock withheld to satisfy tax withholding obligations relating to the vesting of restricted stock units. Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. On March 3, 2023, the Reporting Person was granted performance-based restricted stock units, scheduled to vest based on the Issuer's Class A Common Stock achieving certain average closing prices per share over a three-year performance period. These units were certified as meeting the performance threshold that resulted in vesting of 200% of the targeted number of restricted stock units and these restricted stock units were deemed earned and vested on March 3, 2026 and settled into shares of Class A Common Stock on a one-for-one basis. Represents the gross number of shares of common stock awarded to the reporting person in connection with the vesting of these performance-based restricted stock unites. The actual number of shares issued was reduced by the number of shares withheld to satisfy tax withholding obligations. See footnote 5. Represents shares of common stock withheld to satisfy tax withholding obligations relating to the vesting of performance-based restricted stock units. On March 3, 2022, the reporting person was granted 181,159 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date. On March 3, 2023, the reporting person was granted 229,358 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date. On March 3, 2025, the reporting person was granted 114,155 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date. On March 4, 2024, the reporting person was granted 175,926 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.