EXEL (NASDAQ: EXEL) executive files Form 144 to sell compensation shares

Rhea-AI Filing Summary

EXEL filing a Form 144 that lists proposed sales of common stock by an executive/affiliate. The excerpt shows multiple lots tied to restricted stock vesting, performance stock units, and an employee stock purchase plan with dated entries ranging from 04/30/2024 to 05/15/2025.

The filing lists several share lots (e.g., 6,223 shares, 6,246 shares, 7,794 shares) associated with issuer-issued compensation and proposed resale; proceeds treatment and aggregate offer total are not stated in the provided excerpt.

Insights

Securities Compliance Specialist

Form 144 lists proposed executive-affiliate resales tied to compensation awards.

The excerpt records multiple lots of Common stock linked to restricted stock vesting, performance stock units, and an employee stock purchase plan, with dates from 04/30/2024 to 05/15/2025. The presence of issuer-originated awards suggests these are planned dispositions of compensation-related shares.

Filing does not state aggregate proceeds or whether sales are open-market or block trades; cash-flow treatment is not specified in the provided excerpt. Subsequent filings or a complete Form 144 would show broker/dealer and aggregate amount details.

Key Figures

Lot example: 6,223 shares Lot example: 6,246 shares Lot example: 7,794 shares +3 more

6 metrics

Lot example 6,223 shares Restricted stock vesting on <date>05/15/2025</date>

Lot example 6,246 shares Performance Stock Units dated <date>11/15/2024</date>

Lot example 7,794 shares Restricted stock vesting on <date>05/15/2025</date>

Lot example 1,214 shares Shares purchased through Employee Stock Purchase Plan on <date>04/30/2024</date>

Document line item 2187757.85 Numeric value present in excerpt (original text)

Document line item 251355083 Numeric value present in excerpt (original text)

Key Terms

Form 144, Restricted stock vesting, Performance Stock Units, Employee Stock Purchase Plan

4 terms

Form 144 regulatory

"144: Securities To Be Sold"

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.

Performance Stock Units financial

"Performance Stock Units"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Employee Stock Purchase Plan financial

"Shares Purchased through Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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

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Accepted by SEC EDGAR 05/26/2026 - 04:09 PM Learn about SEC filing dates

FAQ

What does EXEL's Form 144 indicate about planned insider sales?

The filing lists proposed resales of common stock tied to compensation awards. It shows multiple lots of shares dated between 04/30/2024 and 05/15/2025, including restricted stock vesting and performance stock unit-related shares.

Are the shares in EXEL's Form 144 newly issued or from compensation plans?

The shares are tied to issuer-issued compensation events. The excerpt lists restricted stock vesting, performance stock units, and an employee stock purchase plan as the source of the lots shown.

Does the excerpt state how many total shares are being offered for sale?

The provided excerpt lists individual lot sizes (for example, 6,223, 6,246, 7,794) but does not state an aggregate offering total or aggregate proceeds in the visible text.

What trading details (brokerage, sale method) are disclosed in this Form 144 excerpt?

The excerpt does not include broker/dealer names or sale methods. It records dates and award types only; broker and distribution method details are not shown in the provided content.

Do the entries in the excerpt show taxable events or tax-withholding dispositions?

The excerpt identifies sources (vesting, PSU, ESPP) but does not describe tax-withholding mechanics or specific tax dispositions; tax treatment is not detailed in the provided lines.

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	43451	2187757.85	251355083	05/26/2026	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	05/15/2025	Restricted stock vesting under a registered plan	Issuer			6223	05/15/2025	Not Applicable
Common	11/15/2024	Performance Stock Units	Issuer			6246	11/15/2024	Not Applicable
Common	05/15/2025	Restricted stock vesting under a registered plan	Issuer			7320	05/15/2025	Not Applicable
Common	04/30/2024	Shares Purchased through Employee Stock Purchase Plan	Issuer			1214	04/30/2024	Cash
Common	11/15/2024	Performance Stock Units	Issuer			6246	11/15/2024	Not Applicable
Common	05/15/2025	Restricted stock vesting under a registered plan	Issuer			7794	05/15/2025	Not Applicable
Common	05/15/2025	Restricted stock vesting under a registered plan	Issuer			8408	05/15/2025	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)