EXEL (NASDAQ: EXEL) affiliate files Form 144 to sell 60,000 shares

Rhea-AI Filing Summary

EXEL reported a notice of proposed sale of securities: the filing lists a proposed sale of 60,000 shares of Common Stock and an aggregate amount of $2,742,468.00, with 251,355,083 shares shown on the same line and the date 05/07/2026. The schedule itemizes multiple tranches of restricted stock vesting under a registered plan with specific vesting dates and share counts (examples: 3,457; 3,458; 15,538). The notice is a routine Form 144 disclosure by an affiliate identifying securities to be sold under a registered plan.

Insights

Corporate Governance Analyst

Routine affiliate resale notice listing vested restricted shares and a 60,000-share proposed sale.

The filing lists a proposed sale of 60,000 shares and an aggregate amount of $2,742,468.00 alongside 251,355,083, dated 05/07/2026. It itemizes multiple restricted stock vesting events under a registered plan with discrete dates and share counts.

These disclosures typically notify the market of planned dispositions by an affiliate; timing and sale methods are not specified in the excerpt. Subsequent transaction reports or the actual sale execution will show whether and when these shares are sold.

Key Figures

Proposed sale: 60,000 shares Aggregate amount: $2,742,468.00 Shares shown: 251,355,083 +2 more

5 metrics

Proposed sale 60,000 shares listed on the filing line dated 05/07/2026

Aggregate amount $2,742,468.00 numeric value shown on the same filing line dated 05/07/2026

Shares shown 251,355,083 number appearing on the same line with date 05/07/2026

Example vested tranche 3,457 shares restricted stock vesting under a registered plan on 04/01/2016

Example vested tranche 15,538 shares restricted stock vesting under a registered plan on 05/21/2021

Key Terms

Form 144, restricted stock vesting, registered plan

3 terms

Form 144 regulatory

"notice of proposed sale of securities by an affiliate"

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"

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.

registered plan financial

"Restricted stock vesting under a registered plan"

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	60000	2742468.00	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	04/01/2016	Restricted stock vesting under a registered plan	Issuer			3457	04/01/2016	Not Applicable
Common	07/01/2016	Restricted stock vesting under a registered plan	Issuer			3458	07/01/2016	Not Applicable
Common	09/30/2016	Restricted stock vesting under a registered plan	Issuer			3457	09/30/2016	Not Applicable
Common	12/30/2016	Restricted stock vesting under a registered plan	Issuer			3458	12/30/2016	Not Applicable
Common	05/25/2018	Restricted stock vesting under a registered plan	Issuer			5843	05/25/2018	Not Applicable
Common	05/24/2019	Restricted stock vesting under a registered plan	Issuer			7937	05/24/2019	Not Applicable
Common	05/23/2020	Restricted stock vesting under a registered plan	Issuer			10317	05/23/2020	Not Applicable
Common	05/21/2021	Restricted stock vesting under a registered plan	Issuer			15538	05/21/2021	Not Applicable
Common	05/27/2022	Restricted stock vesting under a registered plan	Issuer			6535	05/27/2022	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does EXEL's Form 144 disclose about the proposed sale?

It discloses a proposed sale of 60,000 shares with an aggregate amount of $2,742,468.00. The filing also lists multiple vested restricted stock tranches and shows 251,355,083 on the same line dated 05/07/2026.

Who is the filer on the Form 144 for EXEL?

The excerpt names a broker/dealer address line for Morgan Stanley Smith Barney LLC Executive Financial Services. The filing is presented as an affiliate notice of proposed resale under a registered plan.

What securities are itemized in the filing?

The filing itemizes Common Stock delivered from restricted stock vesting under a registered plan, with specific vesting dates and share counts such as 3,457, 3,458, and 15,538 among others.

Does the Form 144 state when the shares will be sold?

The excerpt does not specify execution timing or sales method. It lists vesting dates and proposed amounts, with the entry dated 05/07/2026, but no sale schedule is provided in the excerpt.

Are proceeds or use of proceeds described in the filing?

The excerpt includes an aggregate numeric amount ($2,742,468.00) but does not state who will receive proceeds or how proceeds will be used. The filing text shown does not describe proceeds allocation.