Assertio Holdings Director Disposes Shares in Merger with Zydus Worldwide

This Form 4 filing reports that Emany Sravan Kumar, a director of Assertio Holdings, Inc., disposed of all his holdings in the company following its acquisition by Zydus Worldwide DMCC. The merger was completed on June 16, 2026, with Zydus Worldwide acquiring all outstanding shares at $23.50 per share in cash. The director disposed of 23,855 shares of common stock and three stock option grants totaling 12,583 options. All securities were cancelled and converted into cash payments as part of the merger agreement. The stock options had exercise prices ranging from $9.26 to $16.05 per share, and all were in-the-money at the $23.50 offer price. Following these transactions, the director no longer holds any securities in the company.