SUPN Insider Trading

Supernus Pharmaceuticals, Inc. (SUPN) operates in the Healthcare sector, specifically the Drug Manufacturers - Specialty & Generic industry, with a market capitalization near $2.44B, listed on NASDAQ, employing roughly 778 people, carrying a beta of 0.55 to the broader market. Supernus Pharmaceuticals, Inc. Led by Jack A. Khattar, public since 2012-05-01.

In the last 12 months, Supernus Pharmaceuticals, Inc. insiders made 0 buy transactions and 20 sale transactions.

DateNameTypeSharesPriceValue
Aug 14, 2026Khattar Jack A.M-Exempt29,849$0.00$0
Aug 14, 2026Khattar Jack A.F-InKind12,642$46.57$588.7K
Aug 14, 2026Khattar Jack A.M-Exempt29,849$0.00$0
Aug 14, 2026Rubin JonathanM-Exempt750$0.00$0
Aug 14, 2026Rubin JonathanF-InKind363$46.57$16.9K
Aug 14, 2026Rubin JonathanM-Exempt750$0.00$0
Aug 14, 2026Bhatt Padmanabh P.M-Exempt2,500$0.00$0
Aug 14, 2026Bhatt Padmanabh P.F-InKind1,158$46.57$53.9K
Aug 14, 2026Bhatt Padmanabh P.M-Exempt2,500$0.00$0
Aug 14, 2026Mottola FrankM-Exempt1,650$0.00$0

SUPN Insider Activity by Quarter

Reported Form 4 and Form 5 lines under SUPN's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Feb 27, 2024, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A0N/A20
Q2 20260N/A0N/A0
Q1 20260N/A17$9.2M122
Q4 20250N/A9$7.4M21
Q3 20250N/A21$15.7M40
Q2 20250N/A0N/A2
Q1 20250N/A3$440.3K110
Q4 20240N/A8$11.8M30

SUPN Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 333 institutions reported holding 60,321,449 SUPN shares, valued at $2.80B as reported, 103.8% of its market cap (market cap of Jun 26, 2026). That is +5 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 41 opened a position, 30 closed one, 119 added and 112 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
BlackRock, Inc.9,350,046$434.9M+552,792
MILLENNIUM MANAGEMENT LLC3,853,212$179.2M+537,239
VANGUARD PORTFOLIO MANAGEMENT LLC3,305,429$153.7M+66,736
ARMISTICE CAPITAL, LLC2,646,201$123.1M+750,854
VANGUARD CAPITAL MANAGEMENT LLC2,516,721$117.1M+49,506
STATE STREET CORP2,459,828$114.4M+171,701
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.2,378,329$110.6M+341,127
DIMENSIONAL FUND ADVISORS LP2,078,090$96.7M-228,940
GEODE CAPITAL MANAGEMENT, LLC1,570,088$73.0M-53,426
Stephens Investment Management Group LLC1,485,821$69.1M+134,490

By Quarter

QuarterInstitutionsSharesValue
Q2 202633360,321,449$2.80B
Q1 202632858,229,564$3.01B
Q4 202533357,117,851$2.84B
Q3 202531057,869,266$2.77B
Q2 202529359,479,484$1.87B
Q1 202529159,235,259$1.94B
Q4 202429259,487,789$2.15B
Q3 202427059,961,321$1.87B
Q2 202424259,261,893$1.59B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding SUPN

FundWeight of SUPNShares (as reported)Value (as reported)Source updated
IJR iShares Core S&P Small-Cap ETF0.15%3,474,522$149.6MOct 8, 2026
VTI Vanguard Morningstar Total Stock Market ETF0.00%1,756,270$77.6MOct 7, 2026
IWM iShares Russell 2000 ETF0.08%1,466,165$63.1MOct 8, 2026
VB Vanguard Morningstar Small-Cap ETF0.03%1,266,784$56.0MOct 7, 2026
VBR Vanguard Morningstar Small-Cap Value ETF0.05%805,687$35.6MOct 7, 2026
VXF Vanguard Extended Market ETF0.03%673,100$29.8MOct 7, 2026
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF0.15%535,115$23.3MOct 8, 2026
DFAT Dimensional - US Targeted Value ETF0.06%397,325$17.0MOct 8, 2026
VTWO Vanguard Russell 2000 ETF0.08%322,803$14.3MOct 7, 2026
SCHA Schwab U.S. Small-Cap ETF0.06%305,972$12.9MOct 8, 2026
DFAC Dimensional - US Core Equity 2 ETF0.01%293,764$12.6MOct 8, 2026
FESM Fidelity Enhanced Small Cap ETF0.17%263,562$11.3MOct 8, 2026
SLYG State Street SPDR S&P 600 Small Cap Growth ETF0.21%235,453$10.3MOct 8, 2026
XPH State Street SPDR S&P Pharmaceuticals ETF2.10%222,935$9.7MOct 8, 2026
VIOO Vanguard S&P Small-Cap 600 ETF0.14%208,675$9.2MOct 7, 2026

From each fund's latest holdings file on record that shows SUPN's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as SUPN's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for SUPN reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is SUPN's share of that fund.

SUPN Congress Trades

Members of Congress and their households disclosed 4 transactions in SUPN on file (3 purchases, 1 sales) by 1 member, the latest trade on Mar 3, 2026.

MemberChamberTypeAmountTradedDisclosed
Gilbert Ray Cisneros, Jr. (D-CA-31)HousePurchase$1,001 - $15,000Mar 3, 2026Apr 8, 2026
Gilbert Ray Cisneros, Jr. (D-CA-31)HousePurchase$1,001 - $15,000Dec 11, 2025Jan 12, 2026
Gilbert Ray Cisneros, Jr. (D-CA-31)HouseSale (Partial)$1,001 - $15,000Oct 9, 2025Nov 18, 2025
Gilbert Ray Cisneros, Jr. (D-CA-31)HousePurchase$1,001 - $15,000Mar 24, 2025Apr 7, 2025

From the periodic transaction reports members of the Senate and the House file under the STOCK Act, within 45 days of a trade (some file later); amounts are the ranges the reports give (a few give an exact amount), and a transaction a later report lists again is counted once. On file: House reports disclosed from Apr 10, 2023 through Oct 13, 2026; Senate reports disclosed from Jan 30, 2014 through Oct 7, 2026. The party is the member's on the trade date. A trade is listed under the company that traded under its ticker on the trade date (dated from Feb 1, 2021, unless the filing describes another company of ours; before that, only when the filing's description of the security is the company's name).

How to Read SUPN Insider Activity

Net insider sentiment skews to the sell side over the trailing twelve months: 20 sales versus 0 buys. Insider sales carry less informational weight than buys because they are often driven by liquidity, tax planning, or pre-scheduled Rule 10b5-1 trading plans rather than negative information. The transaction type alone does not say whether a sale was made on the open market or privately, or under a 10b5-1 plan; the filing's plan checkbox and footnotes do. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked SUPN insider trading questions

How active are SUPN insiders right now?
Over the trailing twelve months, Supernus Pharmaceuticals, Inc. (SUPN) insiders made 0 buy transactions and 20 sale transactions. Net insider sentiment over the trailing twelve months tilts to the sell side (20 sales vs 0 buys). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are SUPN insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do SUPN insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.