Pacira (PCRX) director receives RSU and stock option grants
Rhea-AI Filing Summary
Pacira BioSciences director Christopher Christie received new equity compensation awards. He was granted 6,405 restricted stock units that vest on June 10, 2027, as long as he remains in continuous service with the company through that date. Each unit represents one share of common stock. He also received a stock option for 10,891 shares of common stock at an exercise price of $23.42 per share, which vests and becomes exercisable on June 10, 2027 and expires on June 10, 2036. Following these awards, Christie directly holds 23,059 shares of Pacira common stock. These are compensation-related grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insights
Director received routine equity grants, adding stock exposure without open-market buying or selling.
Director Christopher Christie was awarded 6,405 restricted stock units and a stock option for 10,891 shares at $23.42 per share. Both awards vest on June 10, 2027, subject to continued service, and the option expires on June 10, 2036.
These A-code transactions are standard compensation rather than discretionary trades, so they carry limited signaling value about Christie's view of the stock. After the grants, he directly owns 23,059 common shares, giving him increased equity alignment with shareholders without any shares being sold.
Because 0% of these awards involved open-market activity and there are no remaining derivatives listed beyond this option, the filing mainly documents ongoing incentive structures. Future company filings may show how much of these awards ultimately vest and are retained over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,891 | $0.00 | -- |
| Grant/Award | Common Stock | 6,405 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units that vest on June 10, 2027, provided that the reporting person remains in continuous service with the issuer through the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock. The stock option vests and becomes exercisable on June 10, 2027, provided that the reporting person remains in continuous service with the issuer through the vesting date.