Pacira BioSciences (PCRX) CEO logs 41,488-share tax withholding on RSU vesting
Rhea-AI Filing Summary
Pacira BioSciences, Inc. CEO Lee Frank D. reported an automatic share withholding related to equity compensation. On January 30, 2026, 41,488 shares of common stock were withheld by Pacira at $20.54 per share to cover tax obligations on a vested restricted stock unit award.
After this tax withholding, Lee Frank D. directly beneficially owned 399,012.841 shares of Pacira common stock. The transaction reflects routine administration of equity compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 41,488 shares
Net Sell
1 txn
Insider
Lee Frank D.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 41,488 | $20.54 | $852K |
Holdings After Transaction:
Common Stock — 399,012.841 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
FAQ
What insider transaction did Pacira BioSciences (PCRX) report for its CEO?
Pacira BioSciences reported that CEO Lee Frank D. had 41,488 common shares withheld on January 30, 2026. These shares were withheld by the company to satisfy tax obligations arising from the vesting of a restricted stock unit award, rather than from an open-market sale.
What does transaction code ‘F’ mean in the Pacira (PCRX) CEO’s Form 4 filing?
Transaction code “F” in the CEO’s Form 4 indicates shares were withheld by the issuer to pay tax withholding obligations. In this case, 41,488 Pacira common shares were automatically withheld in connection with the vesting of a restricted stock unit award granted to the CEO.
What role does Lee Frank D. hold at Pacira BioSciences (PCRX) in this Form 4?
In this Form 4, Lee Frank D. is identified as both a director and the Chief Executive Officer of Pacira BioSciences, Inc. The reported transaction relates to his equity compensation, specifically tax withholding on a vested restricted stock unit award.
AI-generated analysis. How Rhea-AI works. Not financial advice.