Neurocrine director gifts 1,000 company shares
Director Stephen A. Sherwin made a 1,000-share charitable gift of NBIX stock, leaving him with 14,860 directly held shares.
Rhea-AI Filing Summary
NEUROCRINE BIOSCIENCES INC (NBIX) director Stephen A. Sherwin reported a disposition of company shares through a bona fide gift of 1,000 shares of Common Stock effective September 2, 2026. According to the filing, this was a gift/charitable contribution, not a market transaction, and no value was received for the shares.
Following this charitable transfer, Sherwin directly holds 14,860 shares of Neurocrine Biosciences Common Stock. No Rule 10b5-1 trading plan is reported in connection with this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000 shares gifted
Gift
1 txn
Insider
SHERWIN STEPHEN A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 1,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,860 shares (Direct)
Footnotes (1)
- F1. This transaction represents a gift/charitable contribution effective September 2, 2026. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.
Key Figures
Shares gifted: 1,000 shares
Shares held after transaction: 14,860 shares
Value received for gifted shares: $0
3 metrics
Shares gifted
1,000 shares
Bona fide gift of Common Stock effective September 2, 2026
Shares held after transaction
14,860 shares
Direct holdings of Stephen A. Sherwin after the gift
Value received for gifted shares
$0
Footnote states no value was received for the 1,000-share gift
Key Terms
gift/charitable contribution, market transaction, bona fide gift
3 terms
gift/charitable contribution financial
"This transaction represents a gift/charitable contribution effective September 2, 2026."
market transaction financial
"This is not a market transaction, thus no price has been reported."
bona fide gift financial
"The filing describes the disposition as a bona fide gift of shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
FAQ
What insider transaction did NBIX director Stephen A. Sherwin report?
Stephen A. Sherwin reported a bona fide gift of 1,000 shares of Neurocrine Biosciences Common Stock effective September 2, 2026, described as a gift/charitable contribution with no value received and not conducted as a market transaction.
Did Neurocrine Biosciences director Stephen A. Sherwin receive any value for the gifted NBIX shares?
No. The filing states that the 1,000-share transaction represents a gift/charitable contribution and that no value was received for the gifted shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.