Neurocrine Biosciences (NBIX) CSO details RSU vesting and 2,248 shares withheld for taxes
Rhea-AI Filing Summary
Neurocrine Biosciences Chief Scientific Officer reports RSU vesting and tax withholding shares
The Chief Scientific Officer of Neurocrine Biosciences, Inc. reported routine equity activity on November 29, 2025. A restricted stock unit (RSU) award converted into 4,426 shares of common stock at an exercise price of $0, increasing the executive’s directly held position to 18,129 shares before tax withholding. To cover tax obligations on the RSU vesting, the company withheld 2,248 shares at a value of $152.16 per share, leaving the executive with 15,881 shares of common stock held directly after the transactions.
The RSU was originally granted on November 29, 2021 and vested in four annual tranches: 4,425 shares on November 29, 2022, 4,425 shares on November 29, 2023, 4,426 shares on November 29, 2024, and 4,426 shares on November 29, 2025, in each case subject to the award’s terms and conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,426 | $0.00 | -- |
| Exercise | Common Stock | 4,426 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,248 | $152.16 | $342K |
Footnotes (1)
- Shares withheld by Neurocrine Biosciences, Inc. (the Company) to satisfy tax withholding requirements on vesting of restricted stock units (RSU). No shares were sold. Each Restricted Stock Unit represents a contingent right to receive one share of the Neurocrine Common Stock. This RSU was granted to the Reporting Person on November 29, 2021. In accordance with the terms of the RSU, the award vested as to 4,425 shares on November 29, 2022, vested as to 4,425 shares on November 29, 2023, vested as to 4,426 shares on November 29, 2024, and vested as to 4,426 shares on November 29, 2025, subject to the terms and conditions of the award.