Heron Therapeutics COO converts 31,250 stock units

Q: What HRTX stock transactions did Mark Earl Hensley report on November 6, 2026?

Mark Earl Hensley reported converting 31,250 restricted stock units into 31,250 common shares. The report also lists 8,889 shares delivered or withheld for payment of exercise price or tax liability, with a reported price of $0.29 per share.

Q: How do Mark Earl Hensley's HRTX restricted stock units vest?

The restricted stock units vest 25% on the first anniversary of the May 6, 2025 grant date, followed by 12 equal quarterly installments. Each unit represents a contingent right to receive one common share.

The chief operating officer's report includes both a restricted-stock-unit conversion and shares delivered or withheld for exercise-price or tax-liability payment.

Available on EDGAR 11/10/2026 - 11:25 AM EST Accepted by SEC EDGAR 11/10/2026 - 11:24 AM EST

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Rhea-AI Filing Summary

Heron Therapeutics, Inc. reported that Chief Operating Officer Mark Earl Hensley converted 31,250 restricted stock units into 31,250 common shares on November 6, 2026. The report also lists 8,889 shares delivered or withheld for payment of exercise price or tax liability, with a reported price of $0.29 per share. Following the transaction, the report lists 312,500 directly held restricted stock units. Each unit represents a contingent right to one common share; the units vest 25% on the first anniversary of the May 6, 2025 grant date and then in 12 equal quarterly installments.

Insider Trade Summary

31,250 shares exercised/converted

Exercise 3 txns

Insider Hensley Mark Earl

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^F2	31,250	$0.00	$0.00
Exercise	Common Stock ^F1	31,250	--	--
Exercise Price or Tax Liability	Common Stock	8,889	$0.29	$3K

Holdings After Transaction: Restricted Stock Units — 312,500 units (Direct); Common Stock — 201,683 shares (Direct)

Holdings Before and After: Restricted Stock Units, 343,750 to 312,500 units (Direct); Common Stock, 179,322 to 201,683 shares (Direct)

Footnotes (2)

F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
F2. The restricted stock units vest with 25% upon the first anniversary of date of grant (May 6, 2025) and then in twelve (12) equal quarterly installments thereafter.

Key Figures

Restricted stock units converted: 31,250 units Common shares acquired through conversion: 31,250 shares Shares delivered or withheld for exercise price or tax liability: 8,889 shares +4 more

7 metrics

Restricted stock units converted 31,250 units November 6, 2026

Common shares acquired through conversion 31,250 shares November 6, 2026

Shares delivered or withheld for exercise price or tax liability 8,889 shares November 6, 2026

Reported price per share for shares delivered or withheld $0.29 per share November 6, 2026 transaction

Restricted stock units following transaction 312,500 units Directly held

Initial vesting 25% On the first anniversary of the May 6, 2025 grant date

Subsequent vesting installments 12 equal quarterly installments After the initial vesting

Key Terms

Restricted Stock Units, contingent right, quarterly installments

3 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"a contingent right to receive one share of common stock"

quarterly installments financial

"twelve (12) equal quarterly installments thereafter"

FAQ

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What HRTX stock transactions did Mark Earl Hensley report on November 6, 2026?

Mark Earl Hensley reported converting 31,250 restricted stock units into 31,250 common shares. The report also lists 8,889 shares delivered or withheld for payment of exercise price or tax liability, with a reported price of $0.29 per share.

How do Mark Earl Hensley's HRTX restricted stock units vest?

The restricted stock units vest 25% on the first anniversary of the May 6, 2025 grant date, followed by 12 equal quarterly installments. Each unit represents a contingent right to receive one common share.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Hensley Mark Earl

(Last)

(First)

(Middle)

25 FENTON MAIN STREET

SUITE 300

(Street)

CARY

NORTH CAROLINA

27511

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HERON THERAPEUTICS, INC. /DE/ [ HRTX ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

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	11/06/2026		M		31,250	A	⁽¹⁾	210,572	D
Common Stock	11/06/2026		F		8,889	D	$0.29	201,683	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)
Restricted Stock Units	$0	11/06/2026		M			31,250	⁽²⁾	⁽²⁾	Common Stock	31,250	$0	312,500	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. The restricted stock units vest with 25% upon the first anniversary of date of grant (May 6, 2025) and then in twelve (12) equal quarterly installments thereafter.

	/s/Kathryn Lester Attorney-in-fact for Mark E. Hensley	11/10/2026
	** 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