Neurocrine (NASDAQ: NBIX) CFO vests 2,437 RSUs, 1,368 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neurocrine Biosciences’ Chief Financial Officer Matt Abernethy reported equity compensation activity involving company stock. On January 31, 2026, 2,437 restricted stock units converted into an equal number of Neurocrine common shares at an exercise price of $0.
To cover tax withholding on this RSU vesting, 1,368 common shares were withheld by Neurocrine at a price of $136.06 per share; no shares were sold on the market. After these transactions, Abernethy directly owned 37,097 common shares, which include 218 shares purchased through the company’s 2018 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,437 shares exercised/converted
Mixed
3 txns
Insider
ABERNETHY MATT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,437 | $0.00 | -- |
| Exercise | Common Stock | 2,437 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,368 | $136.06 | $186K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 38,465 shares (Direct)
Footnotes (1)
- Includes an aggregate of 218 shares purchased on August 29, 2025 from the Neurocrine Biosciences, Inc. 2018 Employee Stock Purchase Plan. Shares withheld by Neurocrine Biosciences, Inc. (the "Company" or "Issuer") to satisfy tax withholding requirements on vesting of restricted stock units ("RSUs"). No shares were sold. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. This RSU was granted to the Reporting Person on January 31, 2022. In accordance with the terms of the RSU, the award vested as to 2,436 shares on January 31, 2023, vested as to 2,436 shares on January 31, 2024, vested as to 2,436 shares on January 31, 2025, and vested as to 2,437 shares on January 31, 2026, subject to the terms and conditions of the award.
FAQ
What insider transaction did NBIX’s CFO Matt Abernethy report?
Matt Abernethy reported the vesting and settlement of restricted stock units into Neurocrine common stock. On January 31, 2026, 2,437 RSUs converted into 2,437 common shares, followed by share withholding to satisfy related tax obligations, with no market sale of shares disclosed.
What does the tax withholding transaction mean in the NBIX CFO’s filing?
The filing shows 1,368 Neurocrine shares with transaction code “F,” representing shares withheld by the company to cover tax obligations on RSU vesting. According to the footnote, these shares were not sold on the market; they were retained by the issuer for tax withholding.
What is the vesting history of the NBIX restricted stock units in this filing?
The restricted stock unit grant was awarded on January 31, 2022. It vested in four annual tranches: 2,436 shares on January 31 of 2023, 2024, and 2025, and 2,437 shares on January 31, 2026. Each vested RSU entitled the holder to one Neurocrine common share.