Pacira BioSciences (NASDAQ: PCRX) SVP Finance sells shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacira BioSciences, Inc. Senior Vice President of Finance Lauren Riker sold 6,115 shares of common stock in an open-market transaction at $23.50 per share. After the sale, she directly held 62,284.242 shares. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 12, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,115 shares ($143,703)
Net Sell
1 txn
Insider
RIKER LAUREN
Role
Senior Vice President, Finance
Sold
6,115 shs ($144K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,115 | $23.50 | $144K |
Holdings After Transaction:
Common Stock — 62,284.242 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 6,115 shares
Sale price per share: $23.50 per share
Shares held after transaction: 62,284.242 shares
+1 more
4 metrics
Shares sold
6,115 shares
Open-market sale of common stock on June 11, 2026
Sale price per share
$23.50 per share
Average price for the 6,115 shares sold
Shares held after transaction
62,284.242 shares
Direct ownership following the reported sale
Trading plan adoption date
March 12, 2026
Date Lauren Riker adopted Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, open-market sale, Securities Exchange Act of 1934
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Securities Exchange Act of 1934 regulatory
"in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934."
FAQ
What insider transaction did Pacira BioSciences (PCRX) report for Lauren Riker?
Pacira BioSciences reported that Senior Vice President of Finance Lauren Riker sold 6,115 shares of common stock. The sale was an open-market transaction at $23.50 per share, and was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 12, 2026.
Was the Pacira BioSciences (PCRX) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the sale was effected under a Rule 10b5-1 trading plan. The plan was previously adopted by Lauren Riker in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 on March 12, 2026.
What role does Lauren Riker hold at Pacira BioSciences (PCRX) in this Form 4 filing?
In this Form 4, Lauren Riker is identified as an officer of Pacira BioSciences, serving as Senior Vice President, Finance. The filing reports her open-market sale of 6,115 shares of common stock and provides details about pricing, remaining holdings, and the Rule 10b5-1 trading plan.