Every material Form 8-K Indivior filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Indivior PLC's board approved base salary increases for CEO Joseph Ciaffoni, from $1,050,000 to $1,115,000, and CFO Ryan Preblick, from $559,000 to $604,000, effective January 1, 2026. The changes followed a review of the competitive market and recommendations from the Compensation Committee and the board's compensation consultant. The filing names Indivior PLC, not Supernus, Inc., and it reports no changes to company results, guidance, or executive roles.
CEO Joseph Ciaffoni's base salary rises from $1,050,000 to $1,115,000.
CFO Ryan Preblick's base salary rises from $559,000 to $604,000.
Changes are effective January 1, 2026, and were approved by the board on December 12, 2025.
Indivior reported third-quarter 2025 net revenue of $314 million, up 2% year over year, with SUBLOCADE net revenue up 15% to $219 million. The company raised its full-year 2025 net revenue and adjusted EBITDA guidance and said it expects at least $150 million in annual operating expense savings beginning in 2026, alongside plans to exit several non-U.S. markets and discontinue sales support for OPVEE.
Q3 2025 diluted EPS was $0.33 and net income was $42 million, compared with a diluted loss of $0.16 in Q3 2024.
Revised 2025 net revenue guidance is $1,180 million to $1,220 million, up from $1,030 million to $1,080 million.
Revised 2025 adjusted EBITDA guidance is $400 million to $420 million, up from $275 million to $300 million.
Company expects at least $150 million in annual operating expense savings beginning in 2026 and plans to enter Phase II of its action agenda on January 1, 2026.
Indivior PLC said on August 26, 2025 that it began an initial cost-cutting initiative under its Indivior Action Agenda, which aims to simplify the organization by eliminating non-essential activities. The company expects total pre-tax restructuring charges of $39 million to $50 million, of which $27 million to $35 million will be cash, mostly in the third and fourth quarters of 2025, and it is exploring strategic alternatives for OPVEE and its non-U.S. business. The charges reduce near-term earnings, while the company says the actions are designed to generate operational momentum.
Headcount reductions: pre-tax severance and exit charges of about $16 million to $19 million, mostly in Q3 2025
Real estate consolidation: pre-tax cash and non-cash asset charges of about $15 million to $22 million in Q3 2025
Consulting, legal and tax planning: pre-tax expenses of about $8 million to $9 million in Q3 2025
Company will exclude these charges from non-GAAP measures and may incur further one-time costs if it divests or restructures OPVEE or non-U.S. assets
Indivior PLC entered into a new employment agreement and a new confidentiality and non-competition agreement with Chief Financial Officer Ryan Preblick on August 20, 2025, to align his terms with the company's current forms for U.S.-based executives. The filing states there were no changes to his compensation, responsibilities, or title, so the update is administrative for shareholders.
Agreements entered into August 20, 2025, replacing a prior agreement dated 2020
Annual base salary of $558,819
Annual cash bonus targeted at 60% of base salary, capped at 120%, based on individual and company goals
Long-term incentive grant-date value anticipated at 400% of base salary, subject to Compensation Committee discretion
Indivior PLC (Nasdaq: INDV) reported second-quarter 2025 results with total net revenue of $302 million, up 1% from a year earlier, and net income of $18 million, compared with a net loss of $97 million in Q2 2024. The company raised its full-year 2025 net revenue guidance to $1,030 million to $1,080 million and its adjusted EBITDA guidance to $275 million to $300 million, but Q2 adjusted EBITDA fell to $88 million from $93 million as marketing spending increased.
Q2 2025 total net revenue of $302 million, up 1% from $299 million in Q2 2024; U.S. SUBLOCADE net revenue rose 9% to $195 million
Q2 2025 net income of $18 million and diluted EPS of $0.14, versus a net loss of $97 million and diluted loss of $0.72 per share a year earlier
FY 2025 net revenue guidance raised to $1,030 million to $1,080 million from $955 million to $1,025 million; adjusted EBITDA guidance raised to $275 million to $300 million from $220 million to $260 million
Q2 2025 adjusted EBITDA of $88 million, down from $93 million, mainly reflecting increased marketing for U.S. SUBLOCADE
The filing identifies the registrant as Indivior PLC (ticker INDV), not Supernus. Indivior appointed Stuart A. (Tony) Kingsley as a non-executive director effective July 1, 2025, with committee roles to follow later, and the company says he was selected with the help of a national search firm. The filing also discloses purchase plans for five U.S.-based non-executive directors that are designed to increase their share ownership, which matters to shareholders mainly as a governance and insider-ownership item with no stated effect on financial results.
Tony Kingsley joins the board as a non-executive director effective July 1, 2025; committee appointments are expected later.
Five non-executive directors (Humphreys, Ninivaggi, Ryan, Stejbach, Wheadon) entered into purchase plans with J.P. Morgan Securities LLC effective June 20, 2025, with quarterly purchases of company shares.
The plans set total buying limits of $680,000 to $715,000, with purchases scheduled from October 1, 2025 through July 6, 2026, and shares subject to a one-year holding period.
Director Juliet Thompson and a closely associated person bought 1,925 and 3,850 ordinary shares on June 11, 2025; she now holds 9,625 shares.
Indivior PLC, the company named in this filing (the filing does not mention Supernus, Inc.), said Joe Ciaffoni began as CEO on May 8, 2025, and Mark Crossley stepped down as CEO and director under his separation agreement. At its 2025 annual general meeting, shareholders passed all 19 resolutions, including approval of amended articles that require annual re-election of all directors and move references from the London Stock Exchange to Nasdaq.
Joe Ciaffoni's employment as CEO commenced May 8, 2025; Mark Crossley stepped down as CEO and as a director.
New articles require all directors to be re-elected annually and limit who can call board meetings to the Chair, Lead Independent Director, CEO, or a majority of directors.
All seven director nominees were elected or re-elected; Juliet Thompson received 65,523,796 votes for and 14,399,386 against (18.02%).
The articles reference Nasdaq instead of the London Stock Exchange, reflecting the move of the primary listing to Nasdaq.
Indivior reported first-quarter 2025 net revenue of $266 million, down 6% from $284 million a year earlier, and net income of $47 million, down from $61 million. The company left its full-year 2025 guidance unchanged, with net revenue expected between $955 million and $1.025 billion, and CEO Mark Crossley's previously announced departure is set for next month.
Net revenue $266 million vs. $284 million in Q1 2024; SUBLOCADE net revenue $176 million, down 2%
Net income $47 million vs. $61 million; diluted EPS $0.38 vs. $0.45; non-GAAP diluted EPS $0.41 vs. $0.42
FY 2025 net revenue guidance of $955 million to $1.025 billion and non-GAAP operating income of $185 million to $225 million unchanged
Mark Crossley to step down as CEO next month; the filing says Joe Ciaffoni will lead the company
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Indivior filing is on SEC EDGAR ↗. 8-K briefs of other companies →