Neurocrine (NBIX) director converts 3,318 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEUROCRINE BIOSCIENCES INC director Christine A. Poon exercised restricted stock units into common shares. On May 21, 2026, she converted 3,318 fully vested Restricted Stock Units into an equal number of common shares at no cash cost, with no shares sold in this filing.
The RSUs were originally granted on May 21, 2025, with each unit representing one share upon vesting. Following the conversion, she directly holds 4,753 shares of Neurocrine Biosciences common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,318 shares exercised/converted
Mixed
2 txns
Insider
POON CHRISTINE A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,318 | $0.00 | -- |
| Exercise | Common Stock | 3,318 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 4,753 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 converted: 3,318 shares
Shares held after transaction: 4,753 shares
RSU grant date: May 21, 2025
+2 more
5 metrics
RSUs converted
3,318 shares
Restricted Stock Units converted to common stock on May 21, 2026
Shares held after transaction
4,753 shares
Direct holdings of common stock following the Form 4 transaction
RSU grant date
May 21, 2025
Date the reported RSU award was granted and later fully vested
Exercise price per share
$0.0000 per share
Reported transaction price for RSU conversion into common stock
Exercise transactions
1 exercise, 3,318 shares
transactionSummary exerciseCount and exerciseShares for this filing
Key Terms
Restricted Stock Unit, RSU, derivative security, Form 4
4 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.
RSU financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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.
