Rigel Pharmaceuticals (NASDAQ: RIGL) CFO Schorno reports 5,488-share disposal
Rhea-AI Filing Summary
Rigel Pharmaceuticals executive Dean L. Schorno, EVP & Chief Financial Officer, reported a Form 4 transaction involving company common stock. On 02/02/2026, 5,488 shares of common stock were disposed of in a transaction coded "F" at a price of $36.01 per share.
Following this transaction, Schorno beneficially owned 59,247 shares of Rigel common stock in direct ownership. This total includes 500 shares acquired under Rigel’s stock purchase plan, as noted in the filing’s footnote.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Rigel (RIGL) report for Dean L. Schorno?
Rigel reported that EVP & Chief Financial Officer Dean L. Schorno disposed of 5,488 shares of common stock on 02/02/2026 at $36.01 per share in a transaction coded “F,” according to the Form 4 filing.
How many Rigel (RIGL) shares does Dean L. Schorno own after the reported transaction?
After the 02/02/2026 transaction, Dean L. Schorno beneficially owned 59,247 shares of Rigel common stock. The filing indicates this amount is held in direct ownership following the disposal of 5,488 shares reported on the Form 4.
What does transaction code "F" mean in Dean L. Schorno’s Rigel (RIGL) Form 4?
The Form 4 lists the transaction for 5,488 shares as code “F”, with the shares shown as disposed of at $36.01 per share. The filing identifies this as a non-derivative common stock transaction involving Rigel Pharmaceuticals.
What role does Dean L. Schorno hold at Rigel Pharmaceuticals (RIGL)?
Dean L. Schorno is identified as Executive Vice President & Chief Financial Officer of Rigel Pharmaceuticals, Inc. in the Form 4. He is not listed as a director or 10% owner, but as an officer with this specific title.
Does Dean L. Schorno’s Rigel (RIGL) share total include stock purchase plan shares?
Yes. A footnote states that the beneficial ownership figure of 59,247 shares for Dean L. Schorno includes 500 shares acquired under Rigel’s stock purchase plan, clarifying the composition of his reported holdings.
Was Dean L. Schorno’s Rigel (RIGL) transaction direct or indirect ownership?
The Form 4 shows direct ownership (D) for both the 5,488 shares disposed of and the 59,247 shares beneficially owned after the transaction, with no indirect ownership nature specified in the filing.