Rigel Pharmaceuticals (RIGL) CEO exercises stock options, trims holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rigel Pharmaceuticals CEO Raul R. Rodriguez reported multiple insider stock transactions. On January 26, 2026, he exercised employee stock options in two 40,000-share lots at $27.40 per share and reported related dispositions of 35,211 and 35,424 common shares at $37 per share.
On February 2, 2026, he reported an additional disposition of 14,110 common shares at $36.01 per share. After these transactions, he directly beneficially owned 235,709 Rigel common shares, including 1,000 shares acquired under the company’s stock purchase plan. All share amounts reflect a one-for-ten reverse stock split effective June 27, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
80,000 shares exercised/converted
Mixed
7 txns
Insider
RODRIGUEZ RAUL R
Role
CEO, President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 14,110 | $36.01 | $508K |
| Exercise | Employee Stock Option (right to buy) | 40,000 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 40,000 | $0.00 | -- |
| Exercise | Common Stock | 40,000 | $27.40 | $1.10M |
| Tax Withholding | Common Stock | 35,211 | $37.00 | $1.30M |
| Exercise | Common Stock | 40,000 | $27.40 | $1.10M |
| Tax Withholding | Common Stock | 35,424 | $37.00 | $1.31M |
Holdings After Transaction:
Common Stock — 235,709 shares (Direct);
Employee Stock Option (right to buy) — 0 shares (Direct)
Footnotes (1)
- These numbers have been adjusted to reflect the one-for-ten reverse stock split effective June 27, 2024. Includes 1,000 shares acquired under the Issuer's stock purchase plan. The shares vested monthly over two (2) years from January 1, 2016.
FAQ
What insider transactions did RIGL CEO Raul R. Rodriguez report?
Raul R. Rodriguez reported option exercises and share dispositions. On January 26, 2026, he exercised two 40,000-share employee stock options and reported related common stock dispositions. On February 2, 2026, he reported another disposition of 14,110 common shares at $36.01 per share.
At what prices were Raul Rodriguez’s Rigel common stock transactions reported?
The filing lists prices of $27.40, $37, and $36.01 per share. Option exercises on January 26, 2026 used a $27.40 exercise price, while common stock dispositions that day were reported at $37. A later disposition on February 2, 2026 was reported at $36.01 per share.
What role did employee stock options play in this Rigel (RIGL) Form 4?
Rodriguez exercised employee stock options for common shares. On January 26, 2026, he exercised employee stock options described as rights to buy 40,000-share lots of common stock at $27.40 per share, and those specific option positions were reported as having zero derivative securities remaining afterward.
What types of securities are reported in Raul Rodriguez’s Rigel (RIGL) Form 4?
The Form 4 reports common stock and employee stock options. Table I covers transactions in Rigel common stock, while Table II discloses exercises of employee stock options described as rights to buy common shares at a $27.40 exercise price, with those option positions reduced to zero afterward.