[Form 4] HERON THERAPEUTICS, INC. /DE/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heron Therapeutics EVP and CFO Ira Duarte exercised restricted stock units into common shares in a compensation-related transaction. On April 30, 2026, Duarte converted 13,535 and 11,694 restricted stock units into the same number of Heron Therapeutics common shares, with no open-market sales reported. Footnotes explain each restricted stock unit represents a right to receive one common share and that 216,562 RSUs granted in January 2026 vest in 16 equal quarterly installments, highlighting an ongoing, time-based equity compensation program.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,229 shares exercised/converted
Mixed
4 txns
Insider
Duarte Ira
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,694 | $0.00 | -- |
| Exercise | Restricted Stock Units | 13,535 | $0.00 | -- |
| Exercise | Common Stock | 11,694 | $0.00 | -- |
| Exercise | Common Stock | 13,535 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 128,638 shares (Direct, null);
Common Stock — 227,570 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. Includes 11,023 shares acquired under the Heron Therapeutics, Inc. 1997 Employee Stock Purchase Plan on April 30, 2026. The restricted stock units vest in 16 equal installments beginning one quarter after the date of grant (January 31, 2025). On January 30, 2026 (the "Date of Grant"), the Reporting Person was granted 216,562 RSUs which vest upon the following time-based vesting schedule: the RSUs vest in 16 equal quarterly installments beginning one quarter after the Date of Grant.
Key Figures
RSUs converted (block 1): 13,535 shares
RSUs converted (block 2): 11,694 shares
Total derivative exercise shares: 25,229 shares
+3 more
6 metrics
RSUs converted (block 1)
13,535 shares
Common stock acquired via RSU exercise on April 30, 2026
RSUs converted (block 2)
11,694 shares
Common stock acquired via RSU exercise on April 30, 2026
Total derivative exercise shares
25,229 shares
exerciseShares in transactionSummary for derivative exercises
ESPP shares acquired
11,023 shares
Acquired under 1997 Employee Stock Purchase Plan on April 30, 2026
RSU grant size
216,562 RSUs
Granted on January 30, 2026, vesting in 16 quarterly installments
Common shares after one exercise
252,128 shares
Total common stock directly held following a reported acquisition
Key Terms
Restricted Stock Units, contingent right, Employee Stock Purchase Plan, vesting schedule
4 terms
Restricted Stock Units financial
"The restricted stock units vest in 16 equal installments beginning one quarter after the date of grant"
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
"Each restricted stock unit represents a contingent right to receive one share of common stock"
Employee Stock Purchase Plan financial
"Includes 11,023 shares acquired under the Heron Therapeutics, Inc. 1997 Employee Stock Purchase Plan on April 30, 2026"
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.
vesting schedule financial
"RSUs which vest upon the following time-based vesting schedule: the RSUs vest in 16 equal quarterly installments"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
