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Denali Therapeutics holder plans $36.9K stock sale

Form 144 covers 1,654 DNLI shares from vested RSUs, with sales intended to satisfy related tax obligations.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Denali Therapeutics Inc. (DNLI) is the subject of a Form 144 notice filed for the potential sale of 1,654 shares of its common stock by stockholder Chin Peter Scott through Morgan Stanley Smith Barney LLC. The shares relate to vested Restricted Stock Units, and the filer notes that shares are being sold to cover a tax obligation from the settlement of those awards.

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Shares covered by Form 144 1,654 shares Common stock of Denali Therapeutics Inc. referenced in the notice
Aggregate market value $36,867.14 Value associated with the 1,654 shares of common stock
Date of Notice September 4, 2026 Date shown in the signature section of the Form 144
Shares from equity compensation event 1,654 shares Shares tied to Restricted Stock Units with a restricted stock lapse on September 3, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Shares sold to cover tax obligation from settlement of vested Restricted Stock Units."
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.
Equity Compensation financial
"1654 | 09/03/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
Restricted Stock Lapse financial
"Restricted Stock Lapse - See Remarks"

FAQ

What does the Form 144 filing for DNLI disclose?

It discloses a planned sale of 1,654 shares of Denali Therapeutics Inc. common stock by Chin Peter Scott under Rule 144, with shares associated with vested Restricted Stock Units and intended to cover a related tax obligation.

How many DNLI shares are covered by this Form 144 notice?

The notice covers up to 1,654 shares of Denali Therapeutics Inc. common stock. This is the amount listed under securities information and securities to be sold for the relevant transaction.

What is the approximate aggregate value of DNLI shares in this Form 144?

The securities information section lists an aggregate value of $36,867.14 for the 1,654 shares of Denali Therapeutics Inc. common stock referenced in the Form 144 notice.

Why are DNLI shares being sold according to the Form 144 remarks?

The remarks state that shares were sold to cover tax obligation from the settlement of vested Restricted Stock Units, indicating the sale is tied to equity compensation–related taxes.

When was the Form 144 notice for DNLI dated?

The Form 144 notice is dated September 4, 2026, which appears in the Date of Notice field in the signature section signed by Tyler Nielsen by power of attorney.

Which broker is listed for the DNLI Form 144 transaction?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, associated with the 1,654 shares of Denali Therapeutics Inc. common stock referenced in the filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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