Exelixis (EXEL) director Oliver Bob receives 8,367 RSUs as equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Oliver Bob reported acquisition or exercise transactions in this Form 4 filing.

EXELIXIS, INC. director Oliver Bob received a grant of 8,367 shares of Common Stock in the form of restricted stock units as compensation. The RSUs were granted at no cash cost and will vest in full on May 27, 2027, if he remains in continuous service. After this award, he directly holds 29,487 shares, including 17,455 shares that will be issued upon vesting of existing RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Oliver Bob

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,367	$0.00	--

Holdings After Transaction: Common Stock — 29,487 shares (Direct, null)

Footnotes (1)

Represents restricted stock units ("RSUs") granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. Each RSU is the economic equivalent of one share of Exelixis, Inc. common stock ("Common Stock"). The RSUs will vest as to 100% of the shares subject to the RSU award on May 27, 2027, subject to the Reporting Person's continuous service through that date. Includes 17,455 shares of Common Stock that will be issued to the Reporting Person upon vesting of RSUs.

Key Figures

RSUs granted: 8,367 shares Grant price: $0.0000 per share Shares after transaction: 29,487 shares +2 more

5 metrics

RSUs granted 8,367 shares Restricted stock units granted on May 27, 2026

Grant price $0.0000 per share Compensation award, no cash paid by insider

Shares after transaction 29,487 shares Total direct holdings following RSU grant

Unvested RSU-linked shares 17,455 shares Common stock to be issued upon RSU vesting

Vesting date May 27, 2027 100% of 8,367 RSUs vest on this date

Key Terms

restricted stock units ("RSUs"), Exelixis, Inc. 2017 Equity Incentive Plan, continuous service

3 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") granted to the Reporting Person..."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Exelixis, Inc. 2017 Equity Incentive Plan financial

"RSUs granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan."

continuous service financial

"The RSUs will vest as to 100% ... on May 27, 2027, subject to the Reporting Person's continuous service through that date."

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Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 05:43 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Oliver Bob

(Last)

(First)

(Middle)

C/O EXELIXIS, INC.

1851 HARBOR BAY PARKWAY

(Street)

ALAMEDA

CALIFORNIA

94502

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EXELIXIS, INC. [ EXEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/27/2026		A		8,367⁽¹⁾	A	$0	29,487⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents restricted stock units ("RSUs") granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. Each RSU is the economic equivalent of one share of Exelixis, Inc. common stock ("Common Stock"). The RSUs will vest as to 100% of the shares subject to the RSU award on May 27, 2027, subject to the Reporting Person's continuous service through that date.

2. Includes 17,455 shares of Common Stock that will be issued to the Reporting Person upon vesting of RSUs.

Remarks:

	/s/ Nina Ayer, Attorney in Fact	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did EXEL (Exelixis, Inc.) director Oliver Bob report on this Form 4?

Director Oliver Bob reported receiving 8,367 restricted stock units, equivalent to common shares, as a compensation grant. The award increased his direct holdings to 29,487 shares, including previously granted RSUs that will convert into common stock upon vesting.

Is the EXEL Form 4 transaction a market purchase or sale of shares?

The transaction is not a market trade; it is a grant of 8,367 restricted stock units at no cash cost. These awards are part of Exelixis, Inc.’s 2017 Equity Incentive Plan and function as compensation rather than open‑market buying or selling activity.

When do Oliver Bob’s newly granted EXEL restricted stock units vest?

The 8,367 restricted stock units granted to Oliver Bob vest 100% on May 27, 2027. Vesting is conditioned on his continuous service with Exelixis, Inc. through that date, after which the RSUs convert into an equal number of common shares.

How many EXEL shares does Oliver Bob hold after this award?

Following the grant, Oliver Bob directly holds 29,487 Exelixis, Inc. common shares. This total includes 17,455 shares that will be issued when his outstanding restricted stock units vest, combining current stock and unvested RSU-based share entitlements.

What plan governs the restricted stock units granted to Oliver Bob at EXEL?

The RSUs were granted under the Exelixis, Inc. 2017 Equity Incentive Plan. Each restricted stock unit is economically equivalent to one share of common stock and vests on a schedule specified by the plan and the individual award agreement.

Do the RSUs reported for EXEL give immediate common stock to Oliver Bob?

The RSUs do not provide immediate common shares; they are promises of stock that settle later. For this award, 8,367 units convert into common shares only when they vest in full on May 27, 2027, assuming continuous service with Exelixis, Inc.