DIVIS GREGORY J (Chief Executive Officer) reported 2 transactions at AVADEL PHARMACEUTICALS PLC

Review the transaction codes below to understand the nature of each event.

DIVIS GREGORY J

Filed: 2/12/2026ACC: 0001104659-26-014441

InsiderDIVIS GREGORY JCIK 1410677

→

IssuerAVADEL PHARMACEUTICALS PLCCIK 1012477

DirectorOfficer· Chief Executive Officer

Since Feb 2026

-3.09M

Net shares

Net seller

$4.64M

Total sold

Open market trades

0B · 0S

Total transactions

3.09M disposed

Non-Derivative Transactions2

Ordinary Shares

Direct

D · Disposition

−211.10K

Price / share

$21.00

Trade value

$4.43M

% of position

New position

2/12/2026

211.10K→0.00

Ordinary Shares

Indirect

D · Disposition

−10K

Price / share

$21.00

Trade value

$210K

% of position

New position

2/12/2026

10K→0.00

Total

Net shares

−221.10K

Net value

-$4.64M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Ordinary Shares Direct	2/12/2026	D · Disposition	−211.10K	$21.00	$4.43M	New position	211.10K	0.00
Ordinary Shares Indirect	2/12/2026	D · Disposition	−10K	$21.00	$210K	New position	10K	0.00
Total			−221.10K		-$4.64M

Derivative Transactions10

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

150K shares

−150K

Strike price

10.40

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

100K shares

−100K

Strike price

8.95

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

50K shares

−50K

Strike price

7.06

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

100K shares

−100K

Strike price

1.85

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

400K shares

−400K

Strike price

1.71

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

500K shares

−500K

Strike price

6.79

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

310K shares

−310K

Strike price

8.20

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

350K shares

−350K

Strike price

4.69

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

600K shares

−600K

Strike price

13.57

Held after

0.00

Exercisable

—

2/12/2026

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Ordinary Shares

310K shares

−310K

Strike price

7.87

Held after

0.00

Exercisable

—

2/12/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Option (Right to Buy) Direct	Ordinary Shares150K shares	2/12/2026	D · Disposition	−150K	10.40	—
Stock Option (Right to Buy) Direct	Ordinary Shares100K shares	2/12/2026	D · Disposition	−100K	8.95	—
Stock Option (Right to Buy) Direct	Ordinary Shares50K shares	2/12/2026	D · Disposition	−50K	7.06	—
Stock Option (Right to Buy) Direct	Ordinary Shares100K shares	2/12/2026	D · Disposition	−100K	1.85	—
Stock Option (Right to Buy) Direct	Ordinary Shares400K shares	2/12/2026	D · Disposition	−400K	1.71	—
Stock Option (Right to Buy) Direct	Ordinary Shares500K shares	2/12/2026	D · Disposition	−500K	6.79	—
Stock Option (Right to Buy) Direct	Ordinary Shares310K shares	2/12/2026	D · Disposition	−310K	8.20	—
Stock Option (Right to Buy) Direct	Ordinary Shares350K shares	2/12/2026	D · Disposition	−350K	4.69	—
Stock Option (Right to Buy) Direct	Ordinary Shares600K shares	2/12/2026	D · Disposition	−600K	13.57	—
Stock Option (Right to Buy) Direct	Ordinary Shares310K shares	2/12/2026	D · Disposition	−310K	7.87	—