BioCryst (NASDAQ: BCRX) director awarded RSUs and stock options as compensation

Rhea-AI Filing Summary

BioCryst Pharmaceuticals director Machelle Sanders received new equity awards consisting of restricted stock units and stock options. She was granted 15,294 shares of Common Stock as Restricted Stock Units under the company’s Non-Employee Director Compensation Policy, which will vest on the first anniversary of the grant date.

She also received an automatic stock option grant covering 33,540 shares of Common Stock at an exercise price of $8.50 per share, expiring on June 11, 2036. After these awards, she directly holds 45,936 shares of Common Stock. These are compensation-related grants, not open-market purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SANDERS MACHELLE

Role null

Type	Security	Shares	Price	Value
Grant/Award	Automatic Stock Option Grant	33,540	$0.00	--
Grant/Award	Common Stock	15,294	$0.00	--

Holdings After Transaction: Automatic Stock Option Grant — 33,540 shares (Direct, null); Common Stock — 45,936 shares (Direct, null)

Footnotes (1)

1. Automatic non-employee director grant of Restricted Stock Units pursuant to the BioCryst Pharmaceuticals, Inc. Non-Employee Director Compensation Policy, as amended (the "Director Compensation Policy"), which will vest on the first anniversary of the date of grant. Automatic non-employee director grant of stock options pursuant to the Director Compensation Policy.

Key Figures

RSU grant size: 15,294 shares Option grant size: 33,540 options Option exercise price: $8.50 per share +2 more

5 metrics

RSU grant size 15,294 shares Restricted Stock Units granted to director on June 11, 2026

Option grant size 33,540 options Automatic Stock Option Grant to director on June 11, 2026

Option exercise price $8.50 per share Exercise price for Automatic Stock Option Grant

Option expiration June 11, 2036 Expiration date of Automatic Stock Option Grant

Shares held after grant 45,936 shares Total Common Stock directly held after RSU grant

Key Terms

Restricted Stock Units, Non-Employee Director Compensation Policy, Automatic Stock Option Grant, stock options

4 terms

Restricted Stock Units financial

"Automatic non-employee director grant of Restricted Stock Units pursuant to the BioCryst Pharmaceuticals, Inc. Non-Employee Director Compensation Policy"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Non-Employee Director Compensation Policy financial

"pursuant to the BioCryst Pharmaceuticals, Inc. Non-Employee Director Compensation Policy, as amended"

Automatic Stock Option Grant financial

"Automatic Stock Option Grant"

stock options financial

"Automatic non-employee director grant of stock options pursuant to the Director Compensation Policy."

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SANDERS MACHELLE

(Last) (First) (Middle)

4505 EMPEROR BLVD.

SUITE 200

(Street)

DURHAM NORTH CAROLINA 27703

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BIOCRYST PHARMACEUTICALS INC [ BCRX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/11/2026		A		15,294(1)	A	$0	45,936	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Automatic Stock Option Grant(2)	$8.5	06/11/2026		A		33,540		06/11/2027	06/11/2036	Common Stock	33,540	$0	33,540	D

Explanation of Responses:

1. Automatic non-employee director grant of Restricted Stock Units pursuant to the BioCryst Pharmaceuticals, Inc. Non-Employee Director Compensation Policy, as amended (the "Director Compensation Policy"), which will vest on the first anniversary of the date of grant.

2. Automatic non-employee director grant of stock options pursuant to the Director Compensation Policy.

	/s/ Alane P. Barnes, by power of attorney	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did BioCryst (BCRX) director Machelle Sanders receive?

Machelle Sanders received 15,294 Restricted Stock Units and an automatic stock option grant for 33,540 shares at an exercise price of $8.50. Both awards were issued under BioCryst’s Non-Employee Director Compensation Policy as routine director compensation.

Are the BioCryst (BCRX) equity awards to Machelle Sanders open-market purchases?

No, the awards are not open-market purchases. They are automatic non-employee director grants of Restricted Stock Units and stock options under BioCryst’s Non-Employee Director Compensation Policy, reflecting compensation rather than discretionary buying or selling in the market.

When do Machelle Sanders’ BioCryst (BCRX) Restricted Stock Units vest?

The 15,294 Restricted Stock Units granted to Machelle Sanders will vest on the first anniversary of the grant date. This one-year vesting schedule is specified in the company’s Non-Employee Director Compensation Policy governing automatic director equity awards.

What are the key terms of Machelle Sanders’ BioCryst (BCRX) stock option grant?

She received 33,540 stock options with an exercise price of $8.50 per share, expiring on June 11, 2036. These options were granted automatically under the Non-Employee Director Compensation Policy as part of her non-cash board compensation.

How many BioCryst (BCRX) shares does Machelle Sanders hold after these grants?

Following the grant of 15,294 Restricted Stock Units, Machelle Sanders directly holds 45,936 shares of BioCryst Common Stock. This figure reflects her updated direct ownership position as reported in the Form 4 insider transaction filing.