Nurix Therapeutics (NRIX) legal chief sells 5,394 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nurix Therapeutics, Inc. Chief Legal Officer Christine Ring reported an open-market sale of 5,394 shares of common stock on May 1, 2026 at a weighted average price of $16.7606 per share. The sale was executed under a previously adopted Rule 10b5-1 trading plan, with individual sale prices ranging from $16.26 to $16.97. Following this transaction, she directly holds 26,453 shares of Nurix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,394 shares ($90,407)
Net Sell
1 txn
Insider
Ring Christine
Role
Chief Legal Officer
Sold
5,394 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,394 | $16.7606 | $90K |
Holdings After Transaction:
Common Stock — 26,453 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. Represents the weighted average sale price. The lowest price at which shares were sold was $16.26 and the highest price at which shares were sold was $16.97. 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.
Key Figures
Shares sold: 5,394 shares
Weighted average sale price: $16.7606 per share
Post-transaction holdings: 26,453 shares
+2 more
5 metrics
Shares sold
5,394 shares
Open-market sale by Chief Legal Officer
Weighted average sale price
$16.7606 per share
Common stock sale on May 1, 2026
Post-transaction holdings
26,453 shares
Direct ownership after sale
Low sale price
$16.26 per share
Lowest price within reported sale range
High sale price
$16.97 per share
Highest price within reported sale range
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold"
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Nurix Therapeutics (NRIX) report for Christine Ring?
Nurix Therapeutics reported that Chief Legal Officer Christine Ring sold 5,394 shares of common stock in an open-market transaction. The sale was executed under a previously adopted Rule 10b5-1 trading plan, providing for pre-arranged trades over time.
Was the Nurix Therapeutics (NRIX) insider trade made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by Christine Ring. Such plans pre-schedule trades, which can reduce the informational significance of the transaction’s exact timing for investors.
What does the weighted average price mean in the Nurix Therapeutics (NRIX) Form 4?
The weighted average price of $16.7606 means multiple trades occurred at different prices between $16.26 and $16.97. The average is calculated based on the number of shares sold at each price, and detailed breakdowns are available on request.