Exelixis insider plans sale of 67,814 shares

Exelixis insider Patrick Joseph Haley has filed a notice to sell up to 67,814 shares of the company’s common stock under Rule 144.

Rhea-AI Filing Summary

Exelixis insider Patrick Joseph Haley has filed a notice to sell up to 67,814 shares of the company’s common stock under Rule 144. The planned sale, through Morgan Stanley Smith Barney, has an indicated aggregate market value of $2,951,082.94 based on the figures in the notice.

The shares to be sold were acquired as performance shares from the issuer on January 15, 2026 (37,421 shares) and February 15, 2026 (30,393 shares), with payment listed as not applicable. The notice also shows that Haley previously sold common shares during November 2025 in three transactions totaling tens of thousands of shares, with individual gross proceeds of $1,194,070.94, $421,052.00, and $1,431,757.23.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Patrick Joseph Haley’s Form 144 filing for EXEL indicate?

The Form 144 shows Patrick Joseph Haley intends to sell up to 67,814 EXEL common shares under Rule 144. The filing lists an aggregate market value of $2,951,082.94 and identifies Morgan Stanley Smith Barney as the broker handling the planned sale.

How many EXEL shares is Patrick Joseph Haley planning to sell under Rule 144?

The notice states that 67,814 shares of Exelixis common stock are proposed to be sold. These shares are to be sold through Morgan Stanley Smith Barney and are tied to performance share awards acquired in January 2026 and February 2026.

What is the indicated market value of the EXEL shares in this Form 144?

The Form 144 lists an aggregate market value of $2,951,082.94 for the 67,814 Exelixis common shares proposed for sale. This figure reflects the valuation used in the notice for Rule 144 compliance and disclosure purposes.

How were the EXEL shares in Patrick Joseph Haley’s Form 144 acquired?

The shares were acquired as performance shares directly from the issuer. The filing shows 37,421 shares acquired on January 15, 2026 and 30,393 shares on February 15, 2026, with the nature of payment described as not applicable.

What prior EXEL stock sales by Patrick Joseph Haley are disclosed?

The notice lists three prior common stock sales in November 2025: 28,043 shares for $1,194,070.94, 10,000 shares for $421,052.00, and 34,187 shares for $1,431,757.23. These transactions occurred within three months preceding the new planned sale.

On which exchange are the EXEL shares in the Form 144 listed?

The Form 144 specifies that the Exelixis common shares are listed on the NASDAQ. The broker named for the planned Rule 144 sale is Morgan Stanley Smith Barney, operating out of its New York Plaza address, according to the filing details.

Who is the broker for Patrick Joseph Haley’s planned EXEL share sale?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. This firm is designated to handle the sale of 67,814 Exelixis common shares under Rule 144.

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Accepted by SEC EDGAR 02/17/2026 - 06:43 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001692954
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	EXELIXIS, INC.
SEC File Number	000-30235
Address of Issuer	1851 Harbor Bay Parkway Alameda CALIFORNIA 94502
Phone	(650) 837-7000
Name of Person for Whose Account the Securities are To Be Sold	PATRICK JOSEPH HALEY
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	67814	2951082.94	259708689	02/17/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/15/2026	Performance Shares	Issuer			37421	01/15/2026	Not Applicable
Common	02/15/2026	Performance Shares	Issuer			30393	02/15/2026	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PATRICK JOSEPH HALEY 1851 Harbor Bay Parkway Alameda CA 94502	Common	11/21/2025	28043	1194070.94
PATRICK JOSEPH HALEY 1851 Harbor Bay Parkway Alameda CA 94502	Common	11/20/2025	10000	421052.00
PATRICK JOSEPH HALEY 1851 Harbor Bay Parkway Alameda CA 94502	Common	11/20/2025	34187	1431757.23

144: Remarks and Signature

Remarks
Date of Notice	02/17/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Patrick J Haley
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)