Insider transaction: Bigal Marcelo reduces direct holdings to 11,393 shares in PCRX
Rhea-AI Filing Summary
Pacira BioSciences director Bigal Marcelo reported a sale of 4,912 shares of common stock at $23.67 per share on 08/07/2025, reducing his direct holding to 11,393 shares. The Form 4 discloses no derivative transactions. The filing documents an insider sale and the remaining direct beneficial ownership reported by the director.
Positive
- Disclosure filed via Form 4, meeting Section 16 reporting requirements
- Director retains direct ownership of 11,393 shares after the sale
Negative
- Insider sale of 4,912 shares was reported
- Sale price was $23.67 per share, reducing the director's stake
Insights
TL;DR: Director sold 4,912 PCRX shares at $23.67, leaving 11,393 shares; transaction appears routine with limited disclosed context.
The Form 4 shows a single non-derivative sale by Director Bigal Marcelo on 08/07/2025 of 4,912 shares at $23.67, with 11,393 shares held directly after the sale. No derivative positions are reported. The filing provides clear disclosure but lacks context on timing or intent, so material market impact cannot be determined from this form alone.
TL;DR: Timely Form 4 disclosure of an insider sale; records show direct ownership remains after the transaction.
The report identifies the reporting person as a Company director and records a sale transaction with subsequent direct beneficial ownership. Table II is empty, indicating no options or other derivatives were acquired or disposed. The form is signed by an attorney-in-fact, showing formal compliance with Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,912 | $23.67 | $116K |
FAQ
What transaction did Pacira BioSciences insider Bigal Marcelo report (PCRX)?
What form was filed to report this insider activity for PCRX?
Were any derivative securities reported in the filing?
What is Bigal Marcelo's relationship to Pacira BioSciences (PCRX)?
Who signed the Form 4 report for this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.