Director Shalini Sharp converts 1,659 RSUs into NBIX common stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEUROCRINE BIOSCIENCES INC director Shalini Sharp exercised restricted stock units into common stock. She acquired 1,659 shares of common stock from vested RSUs and did not sell any shares in this filing. Following the transaction, she directly holds 4,088 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,659 shares exercised/converted
Mixed
2 txns
Insider
Sharp Shalini
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,659 | $0.00 | -- |
| Exercise | Common Stock | 1,659 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 4,088 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting. This RSU award was granted to the Reporting Person on May 21, 2025 and is fully vested.
Key Figures
RSUs exercised: 1,659 shares
Common shares acquired: 1,659 shares
Shares held after: 4,088 shares
+2 more
5 metrics
RSUs exercised
1,659 shares
Restricted Stock Units converted into common stock
Common shares acquired
1,659 shares
Common Stock received from RSU exercise
Shares held after
4,088 shares
Total direct common stock ownership post-transaction
Transaction date
May 21, 2026
Date of RSU exercise/conversion
RSU grant date
May 21, 2025
Original grant date of fully vested RSU award
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, Form 4
3 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did NBIX director Shalini Sharp report on this Form 4?
Shalini Sharp reported exercising restricted stock units into common stock. She converted 1,659 RSUs into 1,659 shares of Neurocrine Biosciences common stock, reflecting a routine compensation-related equity settlement with no open-market purchases or sales.
What is Shalini Sharp’s NBIX common stock holding after this transaction?
After the RSU exercise, Shalini Sharp directly holds 4,088 shares of Neurocrine Biosciences common stock. This post-transaction balance reflects her updated direct ownership position reported in the Form 4’s non-derivative securities table.
What are the key details of the restricted stock units in this NBIX Form 4?
Each restricted stock unit represents the right to receive one share of common stock upon vesting. The RSU award reported here was granted on May 21, 2025 and is fully vested, allowing conversion of 1,659 RSUs into 1,659 common shares.