Nurix (NRIX) legal chief sells 8,148 shares under 10b5-1 plan
Rhea-AI Filing Summary
Nurix Therapeutics Chief Legal Officer Christine Ring sold 8,148 shares of common stock in an open-market transaction. The weighted average sale price was $15.2367 per share, with individual trades ranging from $15.00 to $15.43. Following the sale, she directly holds 26,453 Nurix shares. The transaction was executed under a previously adopted Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than a discretionary trade.
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Insights
Pre-planned insider sale of 8,148 Nurix shares looks routine.
Chief Legal Officer Christine Ring completed an open-market sale of 8,148 Nurix Therapeutics common shares at a weighted average of $15.2367 per share. The filing shows she continues to hold 26,453 shares directly after the transaction.
The sale was carried out under a previously adopted Rule 10b5-1 trading plan, which means the timing was pre-scheduled rather than opportunistic. This generally reduces the informational value of the trade for assessing management’s view of the stock.
There are no derivative transactions or option exercises reported in this filing, and no remaining derivative positions are listed. Subsequent filings may provide additional context if further planned sales occur under the same Rule 10b5-1 plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,148 | $15.2367 | $124K |
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 $15.00 and the highest price at which shares were sold was $15.43. 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.