Padmanabh P. Bhatt - 16 Mar 2026 Form 4 Insider Report for SUPERNUS PHARMACEUTICALS, INC. (SUPN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Mar 2026, 17:18:35 UTC
Prior SEC filing
26 Feb 2026
Next SEC filing
31 Jul 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Timothy C. Dec, as attorney-in-fact

Key filing fact

Padmanabh P. Bhatt filed Form 4 for SUPERNUS PHARMACEUTICALS, INC. (SUPN) on 18 Mar 2026.

Key facts

  • This page summarizes Padmanabh P. Bhatt's Form 4 filing for SUPERNUS PHARMACEUTICALS, INC. (SUPN).
  • 22 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 18 Mar 2026, 17:18.

Change

  • Previous filing in this sequence was filed on 26 Feb 2026.
  • Current net transaction value: -$5,388,432.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001539215 Primary reporting owner

Bhatt Padmanabh P.

Relationship
Sr. VP of IP, CSO
Address
C/O SUPERNUS PHARMACEUTICALS, INC., 9715 KEY WEST AVENUE, ROCKVILLE
Signature
/s/ Timothy C. Dec, as attorney-in-fact
Signature date
18 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+22,750
Change %
+133%
Price
$36.75*
Shares after
39,794
Date
16 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+4,250
Change %
+11%
Price
$29.61*
Shares after
44,044
Date
16 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+18,000
Change %
+41%
Price
$32.20*
Shares after
62,044
Date
16 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+5,000
Change %
+8.1%
Price
$27.94*
Shares after
67,044
Date
16 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Sale

Transaction value
$1,711,841
Shares
-34,114
Change %
-51%
Price
$50.18
Shares after
32,930
Date
16 Mar 2026
Ownership
Direct
Footnotes
F1, F2
SUPN transaction

Common Stock

Sale

Transaction value
$802,084
Shares
-15,886
Change %
-48%
Price
$50.49
Shares after
17,044
Date
16 Mar 2026
Ownership
Direct
Footnotes
F1, F3
SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+22,750
Change %
+133%
Price
$39.40*
Shares after
39,794
Date
17 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+12,250
Change %
+31%
Price
$36.75*
Shares after
52,044
Date
17 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+15,000
Change %
+29%
Price
$38.60*
Shares after
67,044
Date
17 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Sale

Transaction value
$1,384,114
Shares
-27,710
Change %
-41%
Price
$49.95
Shares after
39,334
Date
17 Mar 2026
Ownership
Direct
Footnotes
F1, F4
SUPN transaction

Common Stock

Sale

Transaction value
$1,130,772
Shares
-22,290
Change %
-57%
Price
$50.73
Shares after
17,044
Date
17 Mar 2026
Ownership
Direct
Footnotes
F1, F5
SUPN transaction

Common Stock

Options Exercise

Transaction value
Shares
+7,250
Change %
+43%
Price
$39.40*
Shares after
24,294
Date
18 Mar 2026
Ownership
Direct
Footnotes
F1
SUPN transaction

Common Stock

Sale

Transaction value
$338,823
Shares
-6,838
Change %
-28%
Price
$49.55
Shares after
17,456
Date
18 Mar 2026
Ownership
Direct
Footnotes
F1, F6
SUPN transaction

Common Stock

Sale

Transaction value
$20,798
Shares
-412
Change %
-2.4%
Price
$50.48
Shares after
17,044
Date
18 Mar 2026
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-22,750
Change %
-65%
Price
$0.000000*
Shares after
12,250
Date
16 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,750
Exercise price
$36.75
Footnotes
F1, F7
SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-4,250
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,250
Exercise price
$29.61
Footnotes
F1, F8
SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-18,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,000
Exercise price
$32.20
Footnotes
F1, F9
SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-5,000
Change %
-25%
Price
$0.000000*
Shares after
15,000
Date
16 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
$27.94
Footnotes
F1, F10
SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-22,750
Change %
-76%
Price
$0.000000*
Shares after
7,250
Date
17 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,750
Exercise price
$39.40
Footnotes
F1, F11
SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-12,250
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,250
Exercise price
$36.75
Footnotes
F1, F7
SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-15,000
Change %
-75%
Price
$0.000000*
Shares after
5,000
Date
17 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,000
Exercise price
$38.60
Footnotes
F1, F12
SUPN transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares
-7,250
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Mar 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,250
Exercise price
$39.40
Footnotes
F1, F11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 12 footnotes

Footnote F1

Transaction made pursuant to a 10b5-1 trading plan adopted December 12, 2025.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.34 to $50.34. The Reporting Person undertakes to provide to Supernus Pharmaceuticals, Inc. ("Supernus"), any security holder of Supernus, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.35 to $50.77. The Reporting Person undertakes to provide to Supernus, any security holder of Supernus, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.40 to $50.39. The Reporting Person undertakes to provide to Supernus, any security holder of Supernus, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.40 to $51.15. The Reporting Person undertakes to provide to Supernus, any security holder of Supernus, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.40 to $49.99. The Reporting Person undertakes to provide to Supernus, any security holder of Supernus, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Footnote F7

The option vested in four equal annual installments beginning on February 22, 2020.

Footnote F8

The option vested in four equal annual installments beginning on February 19, 2022.

Footnote F9

The option vests in four equal annual installments beginning on February 22, 2023.

Footnote F10

The option vests in four equal annual installments beginning on February 22, 2025.

Footnote F11

The option vested in four equal annual installments beginning on February 14, 2019.

Footnote F12

The option vests in four equal annual installments beginning on February 23, 2024.

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