Director at Neurocrine (NASDAQ: NBIX) receives 2,567 RSUs as award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sharp Shalini reported acquisition or exercise transactions in this Form 4 filing.
Neurocrine Biosciences director Shalini Sharp received a grant of 2,567 restricted stock units (RSUs). Each RSU represents one share of common stock upon vesting, and the entire award will vest on May 27, 2027. This is a stock-based compensation grant, not an open-market share purchase or sale, and leaves her with 2,567 RSUs reported as directly held.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sharp Shalini
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
Grant price per RSU: $0.00
Underlying common shares: 2,567 shares
+2 more
5 metrics
RSUs granted
2,567 units
Restricted Stock Unit award to director on May 27, 2026
Grant price per RSU
$0.00
Equity compensation, not open-market purchase
Underlying common shares
2,567 shares
Each RSU equals one share of common stock upon vesting
Post-transaction RSU holdings
2,567 units
Total restricted stock units directly held after grant
Vesting date
May 27, 2027
RSUs vest in full on this date
Key Terms
Restricted Stock Unit, RSU, common stock, vesting
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.
common stock financial
"represents the right to receive one share of the Issuer's common stock upon vesting."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
FAQ
What insider transaction did NBIX director Shalini Sharp report on this Form 4?
Shalini Sharp reported receiving a grant of 2,567 restricted stock units in Neurocrine Biosciences. These RSUs are a form of equity compensation and do not involve an open-market purchase or sale of the company’s common stock.
How many Neurocrine Biosciences (NBIX) RSUs did the director receive?
The director received 2,567 restricted stock units tied to Neurocrine Biosciences common stock. Each RSU represents the right to receive one share of common stock when it vests, aligning director compensation with shareholder interests over time.
When do the newly granted NBIX restricted stock units vest?
The 2,567 restricted stock units will vest in full on May 27, 2027. Once vested, each RSU converts into one share of Neurocrine Biosciences common stock, subject to any applicable company policies or restrictions on transfer or sale.
Is this NBIX Form 4 transaction a stock purchase or sale?
No, this Form 4 reflects a grant of restricted stock units, not a market trade. The RSUs were awarded as compensation at a stated price of $0.00 per unit and will convert into common shares only upon vesting in 2027.