Assertio (ASRT) President and COO receives new RSUs and stock options grant

Rhea-AI Filing Summary

Assertio Holdings, Inc. reported that its President and COO, Paul Schwichtenberg, acquired equity awards in the form of restricted stock units and stock options. He received 24,820 restricted stock units, each representing a contingent right to one share of common stock, and 27,888 stock options. One-third of each award is scheduled to vest on each of the first three anniversaries of the March 2 grant date, contingent on continued employment. The awards were granted at no cost to him, as he did not pay any consideration for these derivative securities.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Schwichtenberg Paul

Role President and COO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	24,820	$0.00	--
Grant/Award	Stock Option (right to buy)	27,888	$0.00	--

Holdings After Transaction: Restricted Stock Units — 24,820 shares (Direct); Stock Option (right to buy) — 27,888 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. One-third of these restricted stock units and stock options are scheduled to vest on each of the first three anniversaries of the grant date, assuming continued employment through the applicable vesting date. The derivative securities were granted to the reporting person, and were not sold to the reporting person. As such, the reporting person did not pay any consideration for the derivative securities.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schwichtenberg Paul

(Last) (First) (Middle)

ASSERTIO HOLDINGS, INC.

100 SOUTH SAUNDERS ROAD, SUITE 300

(Street)

LAKE FOREST IL 60045

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Assertio Holdings, Inc. [ ASRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.0(1)	03/02/2026		A		24,820		(2)	03/02/2029	Common Stock	24,820	$0(3)	24,820	D
Stock Option (right to buy)	$11.77	03/02/2026		A		27,888		(2)	03/02/2026	Common Stock	27,888	$0(3)	27,888	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock.

2. One-third of these restricted stock units and stock options are scheduled to vest on each of the first three anniversaries of the grant date, assuming continued employment through the applicable vesting date.

3. The derivative securities were granted to the reporting person, and were not sold to the reporting person. As such, the reporting person did not pay any consideration for the derivative securities.

	/s/ Sam Schlessinger, Attorney-in-Fact for Paul Schwichtenberg	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Assertio (ASRT) report for Paul Schwichtenberg?

Assertio reported that President and COO Paul Schwichtenberg received equity awards. He was granted restricted stock units and stock options on March 2, 2026, as part of his compensation, increasing his direct derivative holdings in Assertio common stock.

How many restricted stock units did Paul Schwichtenberg receive from Assertio (ASRT)?

Paul Schwichtenberg received 24,820 restricted stock units. Each unit represents a contingent right to receive one share of Assertio common stock, subject to vesting conditions requiring continued employment through specified future anniversaries of the March 2, 2026 grant date.

What stock options were granted to Paul Schwichtenberg at Assertio (ASRT)?

Paul Schwichtenberg was granted 27,888 stock options described as a right to buy Assertio common stock. These options were granted as derivative securities at no cash cost to him, with vesting scheduled over three years, assuming continued employment.

What are the vesting terms of the new Assertio (ASRT) equity awards?

One-third of the restricted stock units and stock options is scheduled to vest on each of the first three anniversaries of the March 2, 2026 grant date. Vesting requires that Paul Schwichtenberg remain employed through each applicable vesting date.

Did Paul Schwichtenberg pay for the Assertio (ASRT) derivative securities he acquired?

He did not pay any consideration for the derivative securities. The Form 4 explains that the restricted stock units and stock options were granted to him as compensation and were not sold to him, so no purchase price was involved.

Are the new restricted stock units at Assertio (ASRT) equivalent to common shares now?

The restricted stock units are not common shares yet but represent contingent rights. Each unit can convert into one share of Assertio common stock if the vesting conditions, including continued employment through the scheduled anniversaries, are satisfied over the three-year vesting period.