Rigel (RIGL) CMO uses 850 shares to cover stock tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RIGEL PHARMACEUTICALS INC EVP and Chief Medical Officer Lisa Rojkjaer reported a tax-related share disposition. On June 1, 2026, 850 shares of Common Stock were transferred at $29.86 per share to cover an exercise price or tax liability by delivering securities.
After this transaction, she directly owned 34,003 shares of Rigel common stock. The filing reflects a tax-withholding disposition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rojkjaer Lisa
Role
EVP, Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 850 | $29.86 | $25K |
Holdings After Transaction:
Common Stock — 34,003 shares (Direct, null)
Footnotes (1)
Key Figures
Shares disposed: 850 shares
Transaction price: $29.86 per share
Shares owned after: 34,003 shares
3 metrics
Shares disposed
850 shares
Tax-withholding disposition on June 1, 2026
Transaction price
$29.86 per share
Value used for the 850-share disposition
Shares owned after
34,003 shares
Direct common stock ownership post-transaction
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 850 shares"
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description explains code F as this payment method"
Common Stock financial
"security_title is listed as "Common Stock" in the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Rigel (RIGL) report for Lisa Rojkjaer?
Rigel reported that EVP and Chief Medical Officer Lisa Rojkjaer transferred 850 shares of common stock in a tax-withholding disposition. This was recorded as a payment of exercise price or tax liability by delivering securities, not as an open-market trade.
Was Lisa Rojkjaer’s Rigel (RIGL) Form 4 an open-market sale or purchase?
No, the Form 4 describes a tax-withholding disposition coded as “F,” meaning shares were delivered to satisfy an exercise price or tax liability. It is not classified as an open-market buy or sell transaction in the filing.