ORIC Pharmaceuticals (NASDAQ: ORIC) officer plans $3.1M stock sale
Rhea-AI Filing Summary
Oric Pharmaceuticals, Inc. (ORIC) received a Rule 144 notice relating to planned sales of its common stock for the account of officer Dominic Piscitelli. The notice covers up to 229,500 shares of ORIC common stock, with an indicated aggregate market value of $3,098,250, based on shares outstanding of 103,652,656 as of the filing reference. The shares may be sold through J.P. Morgan Securities LLC on Nasdaq, with some shares coming from stock options and equity compensation awards, including cashless option exercises expected to occur within three months of the notice date.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 229,500 shares of common stock
Aggregate market value: $3,098,250
Shares outstanding: 103,652,656 shares
+2 more
5 metrics
Shares to be sold
229,500 shares of common stock
Maximum amount covered by the Rule 144 notice
Aggregate market value
$3,098,250
Market value of 229,500 ORIC shares referenced in the notice
Shares outstanding
103,652,656 shares
ORIC common shares outstanding referenced in the Rule 144 notice
Stock option exercise amount
199,500 shares
Common stock to be acquired via stock option exercise dated 08/26/2026
Planned sale date reference
08/26/2026
Date associated with the main stock option exercise and securities line
Key Terms
Rule 144, cashless option exercises, Stock Option Exercise
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
cashless option exercises financial
"Some of the sales under this filing are from Cashless Option Exercises"
Stock Option Exercise financial
"Common | 08/26/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
FAQ
What does the Form 144 filing disclose for Oric Pharmaceuticals, Inc. (ORIC)?
It discloses that officer Dominic Piscitelli has filed a Rule 144 notice covering potential sales of up to 229,500 shares of ORIC common stock through J.P. Morgan Securities LLC on Nasdaq, with some shares tied to stock options and compensation awards.
When are the ORIC stock option exercises expected to occur under the Rule 144 filing?
The filing notes a stock option exercise dated 08/26/2026 for 199,500 shares and states that some sales are from cashless option exercises that will occur within three months from the date of the notice.
AI-generated analysis. How Rhea-AI works. Not financial advice.