Neurocrine CFO sells 2,311 shares at $157
NBIX’s CFO reported PRSU vesting, related tax-share withholding, and a 10b5-1 plan sale of 2,311 shares at a weighted average price near $157 per share.
Rhea-AI Filing Summary
Neurocrine Biosciences Inc (NBIX) Chief Financial Officer Matt Abernethy reported a mix of equity award vesting, tax withholding, and open-market sales. On September 11, 2026, 5,020 shares of common stock were acquired upon vesting of performance restricted stock units after a performance metric was certified; on the same date, 2,709 shares were withheld by Neurocrine Biosciences, Inc. to satisfy tax withholding requirements, with no shares sold in that transaction. On September 14, 2026, he sold 2,311 shares of common stock in transactions effected by a broker at a weighted average price of $157.1981 per share, under a Rule 10b5-1 trading plan, with individual sale prices ranging from $157.05 to $157.43 per share.
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Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3, F4 | 2,311 | $157.1981 | $363K |
| Grant/Award | Common Stock F1 | 5,020 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 2,709 | $156.22 | $423K |
Footnotes (4)
- F1. The Reporting Person was previously granted performance restricted stock units (PRSUs) that vest upon the achievement of certain performance metrics, the achievement of one of which was certified on September 11, 2026.
- F2. Shares withheld by Neurocrine Biosciences, Inc. (the "Company" or "Issuer") to satisfy tax withholding requirements on vesting of PRSUs. No shares were sold.
- F3. The disposition reported on this line was effected by a broker pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026. Additionally, Issuer policy restricts the Reporting Person from amending or otherwise modifying any 10b5-1 trading plan subsequent to adoption of the plan.
- F4. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $157.05 to $157.43. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Key Figures
Key Terms
performance restricted stock units (PRSUs) financial
Rule 10b5-1 trading plan regulatory
tax withholding requirements financial
FAQ
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