EXEL files Form 144 for 3,856-share compensation transactions

EXEL filed a Form 144 notice reporting proposed transactions in Common stock tied to compensation activity.

Rhea-AI Filing Summary

EXEL filed a Form 144 notice reporting proposed transactions in Common stock tied to compensation activity. The filing lists 3,856 shares related to restricted stock vesting on 01/05/2026 and 3,856 shares from option exercises on 05/07/2026, with trades to be handled through Morgan Stanley Smith Barney LLC on NASDAQ.

Insights

Corporate Governance Analyst

Routine insider notice for compensation-related share activity; no clear discretionary sale signal.

The filing documents proposed sales tied to restricted stock vesting and option exercises, which are common compensation-related events. The amounts are modest at 3,856 shares per listed event and appear administrative rather than indicative of an unsolicited insider liquidity decision.

Cash-flow treatment and ultimate sale timing are not provided; subsequent filings will show whether shares were actually sold. For now, this is a standard reporting step for issuer-handled compensation transactions.

Key Figures

Shares reported per event: 3,856 shares Vesting date: 01/05/2026 Exercise date: 05/07/2026

3 metrics

Shares reported per event 3,856 shares restricted stock vesting on 01/05/2026 and option exercise on 05/07/2026

Vesting date 01/05/2026 restricted stock vesting event listed in the filing

Exercise date 05/07/2026 exercise of options under a registered plan listed in the filing

Key Terms

Form 144, restricted stock vesting, exercise of options

3 terms

Form 144 regulatory

"Securities To Be Sold — Restricted stock vesting under a registered plan"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

restricted stock vesting financial

"Restricted stock vesting under a registered plan — 01/05/2026"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

exercise of options financial

"Exercise of options under a registered plan — 05/07/2026"

FAQ

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

What does EXEL's Form 144 disclose about the shares?

It discloses proposed activity involving 3,856 shares tied to compensation events. The filing lists restricted stock vesting on 01/05/2026 and option exercise on 05/07/2026, with broker details shown as Morgan Stanley Smith Barney LLC.

Does this Form 144 confirm shares were sold for EXEL?

No, it reports proposed sale-related transactions rather than completed open-market sales. The notice lists vesting and exercise events; whether shares were sold will appear in subsequent trading or Form 4/Form 5 disclosures.

Who is the broker handling the transactions in the EXEL filing?

The broker is listed as Morgan Stanley Smith Barney LLC at 1 New York Plaza. The filing also identifies the exchange as NASDAQ, indicating the venue for any brokered transactions.

Are the reported amounts in EXEL's Form 144 large relative to typical insider filings?

The filing shows 3,856 shares per listed event, which is a modest, routine compensation-related quantity. The filing does not provide outstanding share counts, so proportional significance cannot be assessed from this excerpt.

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

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Accepted by SEC EDGAR 05/07/2026 - 04:39 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	0001520181
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	MARY BECKERLE
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	Director

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	7712	373646.40	251355083	05/07/2026	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	01/05/2026	Restricted stock vesting under a registered plan	Issuer			3856	01/05/2026	Not Applicable
Common	05/07/2026	Exercise of options under a registered plan	Issuer			3856	05/07/2026	Cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	05/07/2026
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/ Mary C Beckerle
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)