Director at Neurocrine Biosciences (NASDAQ: NBIX) granted 2,567 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MORROW GEORGE J reported acquisition or exercise transactions in this Form 4 filing.
NEUROCRINE BIOSCIENCES INC director George J. Morrow received a grant of 2,567 Restricted Stock Units as equity compensation. Each RSU represents the right to receive one share of the company’s common stock upon vesting. The RSUs will vest in full on May 27, 2027, and the filing shows 2,567 derivative shares held directly after this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MORROW GEORGE J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restriced Stock Unit | 2,567 | $0.00 | -- |
Holdings After Transaction:
Restriced Stock Unit — 2,567 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. The RSUs will vest in full on May 27, 2027.
Key Figures
RSUs granted: 2,567 units
RSU vesting date: May 27, 2027
Shares per RSU: 1 share per RSU
+2 more
5 metrics
RSUs granted
2,567 units
Restricted Stock Unit grant to director on May 27, 2026
RSU vesting date
May 27, 2027
RSUs vest in full on this date
Shares per RSU
1 share per RSU
Each RSU delivers one NBIX common share upon vesting
Price per RSU
$0.00
Grant/award acquisition, no cash exercise price
Total derivative shares after grant
2,567 shares
Total shares underlying RSUs following the transaction
Key Terms
Restricted Stock Unit, RSU, vesting, grant/award acquisition
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting."
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 of the Issuer's common stock upon vesting."
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.
vesting financial
"The RSUs will vest in full on May 27, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What did NBIX director George J. Morrow report in this Form 4 filing?
George J. Morrow reported receiving a grant of 2,567 Restricted Stock Units. These RSUs are a form of equity compensation and give him the right to receive the same number of Neurocrine Biosciences common shares when they vest.
How many Neurocrine Biosciences (NBIX) RSUs were granted in this insider filing?
The filing shows a grant of 2,567 Restricted Stock Units. Each RSU corresponds to one share of Neurocrine Biosciences common stock, so the award represents potential ownership of 2,567 shares upon vesting.
When do the granted NBIX Restricted Stock Units vest for George J. Morrow?
The RSUs will vest in full on May 27, 2027. Once vesting occurs, each Restricted Stock Unit will convert into one share of Neurocrine Biosciences common stock, assuming all standard conditions for vesting are satisfied.
Is this NBIX Form 4 transaction a stock purchase or a compensation award?
This transaction is a compensation-related award, not an open-market stock purchase. The Form 4 describes a grant of Restricted Stock Units with no cash price per unit, reflecting equity compensation rather than a buy or sell trade.