INDV Indivior Pharmaceuticals, Inc.

NEUTRAL Impact: 3/10 8-K
Horizon weeks Filed May 15, 2026 Processed 28d 16h ago SEC 0001625297-26-000024
8-K context-dependent: Items 5.02
Latest settled — T+5d
INDV ▲ +3.48% at T+5d
NEUTRAL call ✓ call won +3.48% · α vs SPY +1.86% · entry $36.54 → $37.81
Next anchor: T+20d tomorrow
Currently $38.48 · +5.31% from $36.54 entry
Entry anchored
May 15, 03:59 PM ET
via Databento tick
T+1d
+1.23%
call +1.23% · α +1.88%
$36.99
settled 26d ago
T+5d
+3.48%
call +3.48% · α +1.86%
$37.81
settled 22d ago
T+20d
call — · α —
tomorrow
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

Indivior eliminated the Chief Scientific Officer position effective June 1, 2026, with Dr. Christian Heidbreder transitioning to an advisory role through year-end 2026 before termination without cause. The company also held its annual shareholder meeting, re-electing all eight director nominees and approving say-on-pay and auditor ratification with strong support. The CSO role elimination is a routine organizational change with no material financial impact disclosed.

Actionable Insight

Routine governance filing — no immediate trading catalyst. Monitor for any R&D pipeline implications from the CSO role elimination, though the transition suggests continuity through year-end 2026.

Key Facts

  • Chief Scientific Officer position eliminated effective June 1, 2026
  • Dr. Christian Heidbreder will serve in advisory capacity through December 31, 2026, then terminated without cause
  • All eight director nominees re-elected at May 13, 2026 annual meeting
  • Say-on-pay approved with 90,364,566 votes for vs 1,324,996 against
  • Shareholders voted for annual say-on-pay frequency (91,848,954 votes for 1 year)
  • PricewaterhouseCoopers ratified as auditor for FY2026 with 99,146,241 votes for
  • 121,922,058 shares entitled to vote; 100,407,722 present at meeting

Financial Impact

No financial impact disclosed; CSO position elimination may yield modest cost savings but not quantified

Risk Factors

  • CSO departure could signal reduced R&D prioritization or pipeline shift
  • No successor named for CSO role — potential gap in scientific leadership

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
92% bullish (12 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001625297-26-000024
Document: 0001625297-26-000024-index-headers.html0001625297-26-000024
Document: 0001625297-26-000024-index.html0001625297-26-000024
Document: 0001625297-26-000024.txt0001625297-26-000024
11 reports for INDV
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +12.73%Apr 24, 2026
Filters
Rows
Reports for INDV — sortable, filterable
Type Now
Jun 12, 2026
today
Insider Cluster
NEUTRAL ★ 4/10
$38.47 awaiting T+5awaiting T+5$38.48 (+0.03%)
May 15, 2026
28d ago
8-K
NEUTRAL ★ 3/10
$36.54 $37.81▲ +3.48%▲ +1.86%$38.48 (+5.31%)
May 4, 2026
5w ago
8-K
NEUTRAL ★ 3/10
$38.98 $38.84▼ −0.36%▼ −3.30%$38.48 (−1.28%)
Apr 30, 2026
6w ago
8-K
BULLISH ★ 8/10
$36.78 $40.61▲ +10.41%▲ +8.69%$38.48 (+4.62%)
Apr 24, 2026
7w ago
Press Release
BULLISH ★ 7/10
$33.23 $36.78▲ +10.68%▲ +9.77%$38.48 (+15.80%)
Apr 9, 2026
9w ago
Press Release
NEUTRAL ★ 3/10
$32.31 $31.51▼ −2.48%▼ −5.66%$38.48 (+19.10%)
Mar 13, 2026
13w ago
8-K
NEUTRAL ★ 3/10
$31.11 $29.30▼ −5.82%▼ −3.70%$38.48 (+23.69%)
Mar 13, 2026
13w ago
Press Release
MIXED ★ 6/10
$31.11 $29.30▼ −5.82%▼ −3.70%$38.48 (+23.69%)
Mar 12, 2026
13w ago
8-K
NEUTRAL ★ 3/10
$30.86 $30.50▼ −1.17%▼ −0.19%$38.48 (+24.69%)
Mar 6, 2026
14w ago
Insider Cluster
NEUTRAL ★ 2/10
$32.27 $31.11▼ −3.59%▼ −2.07%$38.48 (+19.24%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (48h 46m)

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