Pacira (PCRX) SVP has 3,187 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacira BioSciences Senior Vice President of Finance Lauren Riker reported a routine tax-related share disposition. On a restricted stock unit vesting, 3,187 shares of common stock were withheld by the company to cover tax obligations at $22.32 per share. After this withholding, Riker directly holds 68,399.242 shares of Pacira common stock, indicating the transaction was a standard compensation-related event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RIKER LAUREN
Role
Senior Vice President, Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,187 | $22.32 | $71K |
Holdings After Transaction:
Common Stock — 68,399.242 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 3,187 shares
Withholding price: $22.32 per share
Shares held after transaction: 68,399.242 shares
+1 more
4 metrics
Tax-withheld shares
3,187 shares
Withheld to cover tax obligations on RSU vesting
Withholding price
$22.32 per share
Price applied to withheld Pacira common stock
Shares held after transaction
68,399.242 shares
Direct Pacira common stock ownership post-transaction
Transaction date
2026-06-03
Date of tax-withholding disposition
Key Terms
restricted stock unit award, tax withholding obligations, tax-withholding disposition
3 terms
restricted stock unit award financial
"upon vesting of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"shares withheld by the issuer to cover tax withholding obligations"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Pacira BioSciences (PCRX) report for Lauren Riker?
Pacira reported that Senior Vice President of Finance Lauren Riker had 3,187 common shares withheld to cover tax obligations upon vesting of a restricted stock unit award. This was a compensation-related, non-market transaction categorized as a tax-withholding disposition.