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Oric Pharmaceuticals (NASDAQ: ORIC) grants CMO equity stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Oric Pharmaceuticals Chief Medical Officer Pratik S. Multani received new equity awards in the form of stock options and restricted stock units. On January 2, 2026, he was granted stock options covering 214,000 shares of Oric common stock at an exercise price of $8.17 per share. According to the vesting schedule, 25% of these options will vest on January 2, 2027, with the remaining options vesting in equal monthly installments over the following 36 months.

He was also granted 35,500 restricted stock units, each representing a contingent right to receive one share of Oric common stock. One-third of these RSUs will vest on each of December 15, 2026, December 15, 2027, and December 15, 2028, subject to the award terms. All reported holdings are listed as directly owned.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Multani Pratik S

(Last) (First) (Middle)
C/O ORIC PHARMACEUTICALS, INC.
240 E. GRAND AVE., 2ND FLOOR

(Street)
SOUTH SAN FRANCISCO CA 94080

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Oric Pharmaceuticals, Inc. [ ORIC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Medical Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $8.17 01/02/2026 A 214,000 (1) 01/01/2036 Common Stock 214,000 $0 214,000 D
Restricted Stock Unit (2) 01/02/2026 A 35,500 (3) (3) Common Stock 35,500 $0 35,500 D
Explanation of Responses:
1. 25% of the shares subject to the option shall vest on January 2, 2027, and 1/36th of the remaining shares subject to the option shall vest each month thereafter.
2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of ORIC Pharmaceuticals, Inc. Common Stock.
3. 1/3rd of the RSUs subject to the award shall vest on each of December 15, 2026, December 15, 2027 and December 15, 2028.
/s/ Christian Kuhlen, attorney-in-fact 01/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ORIC report for its Chief Medical Officer?

Oric Pharmaceuticals reported that Chief Medical Officer Pratik S. Multani received grants of 214,000 stock options and 35,500 restricted stock units (RSUs) on January 2, 2026.

What are the terms of the 214,000 stock options granted to ORICs CMO?

The stock option grant covers 214,000 shares of Oric common stock with an exercise price of $8.17 per share. 25% of the shares will vest on January 2, 2027, and 1/36 of the remaining shares will vest each month thereafter.

How do the 35,500 RSUs granted by ORIC vest?

Each RSU represents a contingent right to receive one share of Oric common stock. The 35,500 RSUs vest in three equal installments, with 1/3 vesting on each of December 15, 2026, December 15, 2027, and December 15, 2028.

Is the ORIC Chief Medical Officers ownership reported as direct or indirect?

The filing reports the Chief Medical Officers holdings from these grants as direct ownership, with no nature of indirect beneficial ownership indicated.

What type of SEC filing is this insider transaction for ORIC?

This is a Form 4 filing, which reports changes in the beneficial ownership of Oric Pharmaceuticals equity securities by an officer, in this case the Chief Medical Officer.

Does each ORIC RSU convert into one share of common stock?

Yes. The filing states that each restricted stock unit represents a contingent right to receive one share of Oric Pharmaceuticals, Inc. common stock, subject to vesting.

Oric Pharmaceuticals, Inc.

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1.17B
87.10M
6.94%
99.21%
8.42%
Biotechnology
Pharmaceutical Preparations
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United States
SOUTH SAN FRANCISCO