Heron Therapeutics (HRTX) director awarded 53,960 restricted stock units in equity grant

Rhea-AI Filing Summary

Heron Therapeutics, Inc. director Michael Kaseta reported an equity award. On January 30, 2026, he received 53,960 shares of common stock in the form of restricted stock units at a price of $0 per share. These units vest in full on January 30, 2027, with each unit delivering one share. Following this grant, he beneficially owns 53,960 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kaseta Michael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	53,960	$0.00	--

Holdings After Transaction: Common Stock — 53,960 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Kaseta Michael

(Last) (First) (Middle)

100 REGENCY FOREST DRIVE

SUITE 300

(Street)

CARY NC 27518

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/30/2026		A		53,960(1)	A	$0	53,960	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were granted as restricted stock units which vest in full on January 30, 2027. Each restricted stock unit represents a contigent right to receive one share of common stock.

	/s/Kathryn Lester Attorney-in-fact for Michael Kaseta	02/03/2026
	** 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.

FAQ

What insider transaction did HRTX director Michael Kaseta report?

Director Michael Kaseta reported receiving an equity grant from Heron Therapeutics (HRTX). On January 30, 2026, he was awarded 53,960 restricted stock units of common stock at no cash cost, as disclosed in a Form 4 insider transaction filing.

How many Heron Therapeutics (HRTX) shares were granted to Michael Kaseta?

Michael Kaseta was granted 53,960 restricted stock units of Heron Therapeutics common stock. Each unit represents a contingent right to receive one share, resulting in beneficial ownership of 53,960 shares directly following the reported transaction.

When do Michael Kaseta’s HRTX restricted stock units vest?

The restricted stock units granted to Michael Kaseta vest in full on January 30, 2027. After vesting, each unit will deliver one share of Heron Therapeutics common stock, assuming all vesting conditions are satisfied.

What is the exercise or purchase price for Kaseta’s HRTX stock grant?

The reported restricted stock unit grant to Michael Kaseta has a stated price of $0 per share. This reflects a typical equity compensation structure where units convert into shares without additional cash payment at vesting.

How many HRTX shares does Michael Kaseta own after this Form 4 transaction?

Following the reported grant, Michael Kaseta beneficially owns 53,960 shares of Heron Therapeutics common stock. The filing shows these shares as held with direct ownership after the January 30, 2026 transaction.

What type of equity award did Heron Therapeutics (HRTX) grant to its director?

Heron Therapeutics granted restricted stock units to director Michael Kaseta. Each unit is a contingent right to receive one share of common stock, vesting entirely on January 30, 2027, as described in the Form 4 footnote.