Neurocrine (NBIX) Insider Gift of 1,470 Shares Reported
Rhea-AI Filing Summary
Onyia Jude, Chief Scientific Officer of Neurocrine Biosciences, reported a non-market transfer of common stock on 09/03/2025. The filing shows 1,470 shares were disposed of as a gift/charitable contribution with no cash received, and 13,703 shares remained beneficially owned after the transaction. The Form 4 was signed by an attorney-in-fact on 09/04/2025 and lists the transaction code as G(1), indicating a gift. No derivative securities were reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider gift disclosure showing a small reduction in direct holdings; no market sale or change to derivative positions.
The Form 4 documents a non-market transfer of 1,470 common shares from Onyia Jude effective 09/03/2025, reported under transaction code G(1) which denotes a gift. The filing reports 13,703 shares beneficially owned after the transaction and indicates no price because no value was received. From a compliance standpoint this is a standard Section 16 disclosure of a charitable gift and appears to follow required timing and signature conventions.
TL;DR: Insider reduced holdings via gift; disclosure is standard and not indicative of trading activity.
The report identifies the reporting person as the Chief Scientific Officer and shows a direct disposition of shares via gift, not a sale. There are no changes to derivative positions and no proceeds were reported. This type of Form 4 typically has limited governance or financial implications beyond ownership disclosure. The timely filing and attorney-in-fact signature meet procedural expectations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,470 | $0.00 | -- |
Footnotes (1)
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