Nurix legal chief sells shares to cover RSU taxes
Nurix Therapeutics, Inc. Chief Legal Officer Christine Ring had restricted stock units vest and related share movements on April 30, 2026.
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Form Type
4
Rhea-AI Filing Summary
Nurix Therapeutics, Inc. Chief Legal Officer Christine Ring had restricted stock units vest and related share movements on April 30, 2026. She sold 3,214 shares of common stock at a weighted average of $16.6453 per share solely to cover tax withholding on the RSU vesting, under the company’s mandatory “sell to cover” policy, so the sale was not a discretionary trade. In connection with the vesting, she acquired a total of 8,608 shares of common stock through RSU conversions.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Ring Christine
Role
Chief Legal Officer
Sold
3,214 shs ($53K)
Approx. gross sale proceeds
$53K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,750 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,858 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,858 | $0.00 | $0.00 |
| Sale | Common Stock | 3,214 | $16.6453 | $53K |
Holdings After Transaction:
Restricted Stock Units — 37,867 contracts (Direct);
Common Stock — 31,847 shares (Direct)
Footnotes (7)
- F1. The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- F2. Represents the weighted average sale price. The lowest price at which shares were sold was $16.51 and the highest price at which shares were sold was $16.78. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F4. The RSUs vest as to 1/12 of the total award quarterly over three years, with the first quarterly increment vesting on July 30, 2023, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
- F5. RSUs do not expire; they either vest or are canceled prior to the vest date.
- F6. The RSUs vest as to 1/12 of the total award quarterly over three years, with the first quarterly increment vesting on July 30, 2024, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
- F7. The RSUs vest as to 1/12 of the total award quarterly over three years, with the first quarterly increment vesting on July 30, 2025, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
Key Figures
Shares sold for taxes: 3,214 shares
Weighted average sale price: $16.6453 per share
Sale price range: $16.51–$16.78 per share
+1 more
4 metrics
Shares sold for taxes
3,214 shares
Common stock sold April 30, 2026 to cover RSU tax withholding
Weighted average sale price
$16.6453 per share
Tax-related sale of 3,214 common shares
Sale price range
$16.51–$16.78 per share
Lowest and highest prices in April 30, 2026 tax-cover trades
Shares acquired via exercises
8,608 shares
Exercise/conversion of RSU-related positions on April 30, 2026
Key Terms
restricted stock units ("RSUs"), sell to cover, equity incentive plans, weighted average sale price
4 terms
restricted stock units ("RSUs") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
sell to cover financial
"require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
equity incentive plans financial
"mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Nurix (NRIX) report for Christine Ring?
Nurix reported that Chief Legal Officer Christine Ring had RSUs vest and converted into common stock, and sold 3,214 shares. The sale was executed solely to cover tax withholding obligations under a mandatory “sell to cover” arrangement, not as a discretionary stock trade.
How do Nurix (NRIX) restricted stock units work for Christine Ring?
Each restricted stock unit (RSU) represents a contingent right to receive one Nurix common share. The RSUs vest in 12 equal quarterly installments over three years, starting July 30, 2023, 2024, or 2025, provided she continues to serve the company on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
