Neurocrine Biosciences (NBIX) CRO logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neurocrine Biosciences’ Chief Regulatory Officer, Ingrid Delaet, reported routine equity compensation activity. On January 31, 2026, 801 restricted stock units vested and were converted into 801 shares of common stock at an exercise price of $0.
To cover tax withholding on this vesting, 475 shares were withheld by the company at $136.06 per share, as noted in the footnotes, and no shares were sold on the market. After these transactions, Delaet directly owned 5,056 shares of Neurocrine Biosciences common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
801 shares exercised/converted
Mixed
3 txns
Insider
Delaet Ingrid
Role
Chief Regulatory Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restriced Stock Unit | 801 | $0.00 | -- |
| Exercise | Common Stock | 801 | $0.00 | -- |
| Tax Withholding | Common Stock | 475 | $136.06 | $65K |
Holdings After Transaction:
Restriced Stock Unit — 0 shares (Direct);
Common Stock — 5,531 shares (Direct)
Footnotes (1)
- Shares withheld by Neurocrine Biosciences, Inc. (the "Company" or "Issuer") to satisfy tax withholding requirements on vesting of restricted stock units ("RSUs"). No shares were sold. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. This RSU was granted to the Reporting Person on January 31, 2022. In accordance with the terms of the RSU, the award vested as to 800 shares on January 31, 2023, vested as to 800 shares on January 31, 2024, vested as to 801 shares on January 31, 2025, and vested as to 801 shares on January 31, 2026, subject to the terms and conditions of the award.
FAQ
What insider transaction did NBIX Chief Regulatory Officer Ingrid Delaet report?
Ingrid Delaet reported the vesting of 801 restricted stock units into 801 Neurocrine Biosciences common shares. As part of this routine equity event, some shares were withheld to cover taxes, and her direct ownership changed accordingly without any open market sale.
What RSU award schedule is disclosed for Ingrid Delaet at Neurocrine Biosciences (NBIX)?
The RSU grant, awarded January 31, 2022, vested in annual tranches: 800 shares on January 31, 2023, 800 shares on January 31, 2024, 801 shares on January 31, 2025, and 801 shares on January 31, 2026, subject to the award’s terms and conditions.
What does each restricted stock unit (RSU) represent in this NBIX Form 4?
Each restricted stock unit represents a contingent right to receive one share of Neurocrine Biosciences common stock. When vesting conditions are met, the RSUs convert into an equivalent number of common shares, as reflected in this Form 4 transaction detail.