Pacira BioSciences (NASDAQ: PCRX) grants CFO 49,091 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacira BioSciences Chief Financial Officer Shawn Cross was granted 49,091 restricted stock units of common stock on February 11, 2026. The award was reported at a price of $0 per share as an acquisition, increasing his directly held common stock to 105,341 shares.
The restricted stock units vest in four equal annual installments beginning on February 15, 2027, if Cross remains in continuous service with Pacira on each vesting date. Each unit represents the right to receive one share of Pacira common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cross Shawn
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 49,091 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 105,341 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Pacira BioSciences (PCRX) report for its CFO?
Pacira BioSciences reported an equity grant to its CFO Shawn Cross. On February 11, 2026, he was awarded 49,091 restricted stock units of common stock at a reported price of $0 per share, classified as an acquisition under a compensation-type grant.
How do the Pacira (PCRX) restricted stock units granted to the CFO vest?
The 49,091 restricted stock units vest in four equal annual installments. Vesting begins on February 15, 2027, and each tranche requires Shawn Cross to remain in continuous service with Pacira through the applicable vesting date to receive the underlying common shares.
Does the Pacira (PCRX) Form 4 show an open-market stock purchase or sale?
The Form 4 reports an equity grant, not an open-market trade. The transaction code is “A” for a grant, award, or other acquisition at a price of $0 per share, indicating compensation-related restricted stock units rather than a market buy or sell.
What does each restricted stock unit in the Pacira (PCRX) CFO grant represent?
Each restricted stock unit represents a contingent right to one common share. When the units vest on scheduled annual dates starting February 15, 2027, and service conditions are met, they convert into equivalent shares of Pacira BioSciences common stock for the reporting person.