[Form 4] LEXICON PHARMACEUTICALS, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEXICON PHARMACEUTICALS director Judith L. Swain received new equity awards as part of her compensation. On May 1, 2026, she was granted stock options for 43,478 shares of common stock at an exercise price of $1.61 per share, vesting in three equal annual installments on each of the first three anniversaries of the grant date and expiring on May 1, 2036. She was also granted 35,714 restricted stock units, which vest in full on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Swain Judith L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 35,714 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 43,478 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 35,714 shares (Direct, null);
Stock Option (Right to Buy) — 43,478 shares (Direct, null)
Footnotes (1)
- Restricted stock unit vests with respect to 100% of the shares subject to the restricted stock unit on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of common stock. Option vests with respect to one third of the shares subject to the option on each of the first three anniversaries of the grant date.
Key Figures
Stock options granted: 43,478 options
Option exercise price: $1.61 per share
Option expiration: May 1, 2036
+1 more
4 metrics
Stock options granted
43,478 options
Granted May 1, 2026 to director Judith L. Swain
Option exercise price
$1.61 per share
Exercise price for stock options granted May 1, 2026
Option expiration
May 1, 2036
Expiration date of granted stock options
RSUs granted
35,714 RSUs
Restricted stock units granted May 1, 2026
Key Terms
Stock Option (Right to Buy), Restricted Stock Units, exercise price, vests, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Restricted Stock Units financial
"security_title: Restricted Stock Units"
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.
exercise price financial
"conversion_or_exercise_price: 1.6100"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests financial
"Option vests with respect to one third of the shares"
contingent right financial
"represents a contingent right to receive one share"
FAQ
What insider transactions did LXRX director Judith Swain report?
Judith Swain reported equity compensation grants, not open-market trades. She received stock options on 43,478 shares at $1.61 per share and 35,714 restricted stock units, both tied to service-based vesting schedules rather than immediate share deliveries or sales.
How many stock options did Judith Swain receive from Lexicon (LXRX)?
She received stock options covering 43,478 shares of Lexicon common stock. These options vest in three equal installments on each of the first three anniversaries of the May 1, 2026 grant date, and they carry a $1.61 per share exercise price.
What are the terms of the restricted stock units granted by Lexicon (LXRX)?
Judith Swain was granted 35,714 restricted stock units. The award vests 100% on the first anniversary of the May 1, 2026 grant date. Each restricted stock unit converts into one share of Lexicon common stock when the vesting conditions are satisfied.
When do Judith Swain’s Lexicon stock options expire?
The stock options granted to Judith Swain on May 1, 2026 expire on May 1, 2036. She can exercise them after they vest, in three equal annual tranches, at an exercise price of $1.61 per share, subject to Lexicon’s equity plan rules.
Are Judith Swain’s Lexicon (LXRX) equity awards open-market purchases?
No. The Form 4 shows grants classified as acquisitions under code A, representing compensation awards. They are stock options and restricted stock units awarded by Lexicon, not shares bought or sold in the open market by Judith Swain.