Nurix Therapeutics (NRIX) Chief Legal Officer reports option exercise and stock sales
Rhea-AI Filing Summary
Nurix Therapeutics, Inc. insider transaction: The company’s Chief Legal Officer, identified as the reporting person, exercised an employee stock option to acquire 3,760 shares of Nurix common stock at an exercise price of $1.86 per share on 12/18/2025. The same day, the insider sold 3,560 shares of common stock at a weighted average price of $17.8661 per share and an additional 200 shares at a weighted average price of $18.555 per share.
These transactions were carried out under a previously adopted Rule 10b5-1 trading plan. After these transactions, the reporting person beneficially owned 50,897 shares of Nurix common stock directly and held 12,403 employee stock options. The option exercised on this date had fully vested by August 9, 2023.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 3,760 | $0.00 | -- |
| Exercise | Common Stock | 3,760 | $1.86 | $7K |
| Sale | Common Stock | 3,560 | $17.8661 | $64K |
| Sale | Common Stock | 200 | $18.555 | $4K |
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 $17.53 and the highest price at which shares were sold was $18.18. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $18.55 and the highest price at which shares were sold was $18.56. 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. The option vested as to 1/4 of the total shares on September 9, 2020, and then 1/48 of the total shares vested monthly thereafter until the option was fully vested on August 9, 2023.
FAQ
What insider activity did Nurix Therapeutics (NRIX) report in this Form 4?
The Chief Legal Officer of Nurix Therapeutics, Inc. reported exercising an employee stock option for 3,760 shares at $1.86 per share and selling 3,560 shares at a weighted average price of $17.8661 and 200 shares at a weighted average price of $18.555 on 12/18/2025.
Who is the reporting person in the Nurix Therapeutics (NRIX) Form 4 filing?
The reporting person is an officer of Nurix Therapeutics, Inc., serving as the Chief Legal Officer, and is filing as a single reporting person.
Were the Nurix Therapeutics (NRIX) insider trades made under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected pursuant to a previously adopted Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
What were the sale prices for the Nurix Therapeutics (NRIX) insider stock sales?
The filing reports a weighted average sale price of $17.8661 per share for 3,560 shares, with individual sale prices ranging from $17.53 to $18.18, and a weighted average sale price of $18.555 per share for 200 shares, with prices ranging from $18.55 to $18.56.
What are the terms of the Nurix Therapeutics (NRIX) employee stock option exercised?
The exercised employee stock option had an exercise price of $1.86 per share, covered 3,760 underlying common shares, and vested 1/4 on September 9, 2020, with the remaining 3/4 vesting in equal monthly installments until it was fully vested on August 9, 2023. The option expires on September 30, 2029.