Nurix (NRIX) Chief Legal Officer receives 93,750 options and 42,875 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nurix Therapeutics Chief Legal Officer receives new equity awards. On February 10, 2026, Christine Ring was granted an employee stock option for 93,750 shares of common stock at an exercise price of $16.45 per share and 42,875 restricted stock units.
The stock option vests in equal monthly installments over 36 months beginning March 10, 2026, and is fully vested by February 9, 2029, contingent on continued service. The RSUs vest in 12 quarterly installments over three years starting July 30, 2026, with one share of common stock delivered for each vested unit.
Positive
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ring Christine
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 93,750 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 42,875 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 93,750 shares (Direct);
Restricted Stock Units — 42,875 shares (Direct)
Footnotes (1)
- The stock option vests as to 1/36 of the total shares monthly beginning March 10, 2026, until the option is fully vested on February 9, 2029, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest as to 1/12 of the total award quarterly over three years, with the first quarterly increment vesting on July 30, 2026, 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. RSUs do not expire; they either vest or are canceled prior to the vest date.
FAQ
What equity awards did Nurix (NRIX) grant to its Chief Legal Officer?
Nurix granted Chief Legal Officer Christine Ring an option to buy 93,750 shares of common stock at $16.45 per share and 42,875 RSUs. These awards are part of her equity-based compensation and vest over multiple years.
How do the new stock options for Nurix (NRIX) Chief Legal Officer vest?
The 93,750-share stock option vests in 1/36 monthly installments starting March 10, 2026. It becomes fully vested by February 9, 2029, provided Christine Ring continues to provide services to Nurix on each vesting date.
What is the vesting schedule for the Nurix (NRIX) RSUs granted to the Chief Legal Officer?
The 42,875 RSUs vest in 1/12 quarterly installments over three years, with the first vesting date on July 30, 2026. After each vesting date, one share of common stock is delivered for each vested RSU, subject to continued service.
What does each restricted stock unit (RSU) granted by Nurix (NRIX) represent?
Each RSU represents a contingent right to receive one share of Nurix common stock. RSUs do not have an exercise price and either vest or are canceled before vesting, depending on continued service and plan conditions.
Do the Nurix (NRIX) RSUs granted to the Chief Legal Officer have an expiration date?
The RSUs do not have a traditional expiration date. They either vest according to the schedule or are canceled before the vesting date, as described in the award terms and subject to continued service requirements.
What is the exercise price and expiration date of the Nurix (NRIX) stock option grant?
The employee stock option has an exercise price of $16.45 per share and an expiration date of February 9, 2036. The option becomes exercisable gradually as monthly vesting occurs over the three-year vesting period.