Teva (NYSE: TEVA) CAO converts 3,537 RSUs into ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teva Pharmaceutical Industries Chief Accounting Officer Amir Weiss reported equity compensation activity involving restricted share units. On March 5, 2026, 3,537 restricted share units were converted into 3,537 ordinary shares at no cash exercise price as part of a previously granted award.
The footnotes explain this grant was made on March 5, 2025, with 3,537 units vesting on March 5, 2026, 3,537 vesting on each of March 5, 2027 and March 5, 2028, and 3,539 vesting on March 5, 2029. After this transaction, Weiss directly held 30,695 ordinary shares and 10,613 restricted share units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,537 shares exercised/converted
Mixed
2 txns
Insider
Weiss Amir
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,537 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,537 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 10,613 shares (Direct);
Ordinary Shares — 30,695 shares (Direct)
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 March 5, 2025, with 3,537 vested on March 5, 2026, 3,537 vesting on each of March 5, 2027 and March 5, 2028, and 3,539 vesting on March 5, 2029.
FAQ
What insider transaction did Teva (TEVA) report for Amir Weiss?
Teva reported that Chief Accounting Officer Amir Weiss converted 3,537 restricted share units into 3,537 ordinary shares on March 5, 2026, at a zero exercise price. This reflects routine vesting of previously granted equity compensation, not an open-market stock purchase or sale.
Is the Teva (TEVA) Form 4 transaction a market buy or sell?
No. The Form 4 characterizes the code M transaction as an exercise or conversion of a derivative security, meaning restricted share units vested into ordinary shares at no exercise price. It does not represent an open-market buy or sell of Teva stock.