Form 4 Filing for Assertio Holdings, Inc. - Insider Transactions
This filing details transactions by Kirk Sigurd, a director at Assertio Holdings, Inc. (ASRT), on June 16, 2026. The transactions are related to the company's merger with Zydus Worldwide DMCC. Sigurd disposed of 12,017 shares of Common Stock. Additionally, stock options were cancelled and converted into cash payments. Specifically, options for 7,913 shares with an exercise price of $17.10, 5,415 shares with an exercise price of $15.15, and 5,415 shares with an exercise price of $9.2565 were converted. All these transactions resulted in zero shares held post-transaction, as the merger was completed and the company became a subsidiary of Zydus Worldwide DMCC. The common stock transactions and the conversion of stock options were executed under the terms of the merger agreement, with cash payments made based on the offer price of $23.50 per share.