Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-06

Assertio Holdings (ASRT)

CEO Mark Reisenauer was paid $1,449,996 in fiscal year 2025 (SEC filing 0001808665-26-000014 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,884,984
Brendan O’Grady total, FY2025
Former President and Chief Executive Officer — highest-paid officer; CEO Mark Reisenauer: $1,449,996
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CEO (Mark Reisenauer) pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

Ask our research desk, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Mark Reisenauer (Chief Executive Officer), FY2025 total compensation $1,449,996 (base salary $202,060) [exec_comp, SEC accession 0001808665-26-000014, filed 2026-04-06]
01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Brendan O’Grady$721,933$0$405,900$547,529$0$0$209,622$1,884,984
Former President and Chief Executive Officer
Mark Reisenauer202,0600458,093784,425005,4181,449,996
Chief Executive Officer
Paul Schwichtenberg463,23320,000101,475136,878211,325012,690945,601
President, Chief Operating Officer
Ajay Patel461,1000101,475136,878198,985022,730921,168
Executive Vice President, Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Brendan O’Grady$1,884,984$3,012,703—↓ −1,127,719
Mark Reisenauer1,449,996———
Paul Schwichtenberg945,601932,433—↑ +13,168
Ajay Patel921,168952,725—↓ −31,557

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against ASRT
2 companies name ASRT as a compensation peer

Each company listed discloses ASRT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ASRT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mark ReisenauerRSU3,583—$32,498
Ajay PatelRSU8,333—75,580
Paul SchwichtenbergOption15,11111.9—
Paul SchwichtenbergRSU1,143—10,367
Ajay PatelOption12,59112.18—
Ajay PatelRSU3,333—30,230
Mark ReisenauerOption66,66612.37—
Paul SchwichtenbergOption1,25877.7—
Mark ReisenauerRSU33,333—302,330
Paul SchwichtenbergRSU8,333—75,580
Paul SchwichtenbergRSU3,333—30,230
Ajay PatelRSU1,143—10,367
Mark ReisenauerOption5,41512.75—
Ajay PatelOption1,25877.7—
Ajay PatelOption15,11111.9—
Paul SchwichtenbergOption12,59112.18—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company strives to align executive compensation with business results and stockholder interests by offering a competitive program that allows NEOs to share in financial success. Target total compensation is calibrated to be competitive with a blend of peer group and size-appropriate survey data from the life sciences industry, with a significant portion in long-term incentive compensation to align with stockholder interests.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPearl Meyer
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Heather L. MasonIndependent · Board Chair · Nominating and Corporate Governance$111,000$43,797$33,169——$187,966
William T. McKeeIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair)93,50043,79733,169——170,466
Sravan K. EmanyIndependent · Audit (Chair)90,00043,79733,169——166,966
Sigurd C. KirkIndependent · Audit · Compensation (Chair)86,50043,79733,169——163,466
David M. StarkIndependent · Compensation · Nominating and Corporate Governance61,00043,79733,169——137,966
Mark L. ReisenauerEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$55,000
Annual equity retainer$215,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$442,000
Equity awards (grant-date value)$218,985
All other compensation$0
Total cost of the board$660,985

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

William T. McKee
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Assertio Holdings2025Mark Reisenauer$202,060$458,093$784,425$0$1,449,996

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Assertio Holdings in fiscal 2025?
As disclosed, Brendan O’Grady (Former President and Chief Executive Officer) was the highest-paid executive at Assertio Holdings in fiscal 2025, with total compensation of $1,884,984.
How much does Assertio Holdings spend in total on board compensation for fiscal 2025?
As disclosed, Assertio Holdings reported total board compensation of $660,985 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Brendan O’GradyDEF 14A2026-04-060001808665-26-000014Section “Summary Compensation Table” · page 19. As printed: 1,884,984. Filing ↗machine: r4 · c48 · span 280025–280034
2Section 01, Mark ReisenauerDEF 14A2026-04-060001808665-26-000014Section “Summary Compensation Table” · page 19. As printed: 1,449,996. Filing ↗machine: r2 · c48 · span 274396–274405
3Section 01, Paul SchwichtenbergDEF 14A2026-04-060001808665-26-000014Section “Summary Compensation Table” · page 19. As printed: 945,601. Filing ↗machine: r8 · c48 · span 292728–292735
4Section 01, Ajay PatelDEF 14A2026-04-060001808665-26-000014Section “Summary Compensation Table” · page 19. As printed: 921,168. Filing ↗machine: r6 · c48 · span 286348–286355
5Section 08, Heather L. MasonDEF 14A2026-04-060001808665-26-000014Section “Director Compensation”. As printed: 187,966. Filing ↗machine: span 624172–624510
6Section 08, William T. McKeeDEF 14A2026-04-060001808665-26-000014Section “Director Compensation”. As printed: 170,466. Filing ↗machine: span 628013–628319
7Section 08, Sravan K. EmanyDEF 14A2026-04-060001808665-26-000014Section “Director Compensation”. As printed: 166,966. Filing ↗machine: span 626124–626430
8Section 08, Sigurd C. KirkDEF 14A2026-04-060001808665-26-000014Section “Director Compensation”. As printed: 163,466. Filing ↗machine: span 629897–630203
9Section 08, David M. StarkDEF 14A2026-04-060001808665-26-000014Section “Director Compensation”. As printed: 137,966. Filing ↗machine: span 631784–632090
10Section 08, Mark L. ReisenauerDEF 14A2026-04-060001808665-26-000014Section “Director Compensation”. As printed: 0. Filing ↗
11Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
12Section 09b board cost (computed)Computed——Cash 442,000 + equity 218,985 + all other 0 = 660,985, summed across the director compensation table rows.machine: formula: Σ = 660,985
13Assertio Holdings (subject), Section 10b CEO totalDEF 14A2026-04-060001808665-26-000014CEO total compensation as printed in Assertio Holdings's own proxy. As printed: 1,449,996. Filing ↗machine: r2 · c48 · span 274396–274405

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