Neurocrine (NBIX) executive sells 3,888 shares in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEUROCRINE BIOSCIENCES INC Chief Corp. Affairs Officer David W. Boyer reported an open-market sale of 3,888 shares of common stock. The shares were sold at a weighted average price of $156.6418 per share in multiple trades between $155.81 and $157.62.
The transaction was executed by a broker under a pre-arranged Rule 10b5-1 trading plan adopted on February 23, 2026, which the company’s policy does not allow him to amend after adoption. Following this sale, Boyer directly holds 7,799 shares, including 106 shares acquired through the company’s 2018 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,888 shares ($609,023)
Net Sell
1 txn
Insider
Boyer David W.
Role
Chief Corp. Affairs Officer
Sold
3,888 shs ($609K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,888 | $156.6418 | $609K |
Holdings After Transaction:
Common Stock — 7,799 shares (Direct, null)
Footnotes (1)
- The disposition reported in this Form 4 was effected by a broker pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the Reporting Person on February 23, 2026. Additionally, Issuer policy restricts the Reporting Person from amending or otherwise modifying any 10b5-1 trading plan subsequent to adoption of the plan. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $155.81 to $157.62. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Includes an aggregate of 106 shares purchased on February 27, 2026 from the Neurocrine Biosciences, Inc. 2018 Employee Stock Purchase Plan.
Key Figures
Shares sold: 3,888 shares
Weighted average sale price: $156.6418 per share
Sale price range: $155.81–$157.62 per share
+3 more
6 metrics
Shares sold
3,888 shares
Open-market sale on May 26, 2026
Weighted average sale price
$156.6418 per share
Common stock sale
Sale price range
$155.81–$157.62 per share
Multiple transactions during the sale
Shares owned after transaction
7,799 shares
Direct holdings following the sale
ESPP shares included
106 shares
Purchased February 27, 2026 under 2018 Employee Stock Purchase Plan
Net shares sold
3,888 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, Employee Stock Purchase Plan
3 terms
Rule 10b5-1 trading plan regulatory
"instructions set forth in a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"Represents a weighted average sales price per share. These shares were sold in multiple transactions"
Employee Stock Purchase Plan financial
"purchased on February 27, 2026 from the Neurocrine Biosciences, Inc. 2018 Employee Stock Purchase Plan"
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.
FAQ
What insider transaction did NBIX executive David Boyer report?
David W. Boyer reported selling 3,888 shares of Neurocrine Biosciences common stock. The sale was an open-market transaction executed by a broker under a pre-arranged Rule 10b5-1 trading plan, as disclosed in the filing’s footnotes.
Was the NBIX insider sale by David Boyer made under a Rule 10b5-1 plan?
Yes, the sale was carried out pursuant to a Rule 10b5-1 trading plan adopted on February 23, 2026. Company policy also restricts Boyer from amending or modifying any such trading plan after its adoption, indicating the sale was pre-scheduled.
What role does David Boyer hold at Neurocrine Biosciences (NBIX)?
David W. Boyer is identified as an officer of Neurocrine Biosciences, serving as Chief Corporate Affairs Officer. His position and insider status require reporting transactions in company stock on Form 4, including this recent open-market sale of common shares.