Scilex CEO trades 3.25M warrants, nets 2.6M held
Scilex Holding Co executive Henry Ji reported mixed warrant trades.
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Form Type
4
Rhea-AI Filing Summary
Scilex Holding Co executive Henry Ji reported mixed warrant trades. On April 16, 2026, he made an open-market purchase of 3,250,000 warrants at $0.1538 per warrant, each exercisable at $1.20 for common stock. On April 17, 2026, he sold 650,000 warrants at the same price, leaving 2,600,000 warrants held directly, expiring on June 18, 2029.
Insider Trade Summary
Net Buyer: 2,600,000 shares
Net Buy
2 txns
Insider
Ji Henry
Role
Exec Chair, CEO and President
Bought
3,250,000 shs ($500K)
Sold
650,000 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Warrant (right to buy) | 650,000 | $0.1538 | $100K |
| Purchase | Warrant (right to buy) | 3,250,000 | $0.1538 | $500K |
Holdings After Transaction:
Warrant (right to buy) — 2,600,000 contracts (Direct)
Key Figures
Warrants purchased: 3,250,000 warrants
Warrants sold: 650,000 warrants
Warrants held after trades: 2,600,000 warrants
+3 more
6 metrics
Warrants purchased
3,250,000 warrants
Open-market purchase on April 16, 2026 at $0.1538
Warrants sold
650,000 warrants
Open-market sale on April 17, 2026 at $0.1538
Warrants held after trades
2,600,000 warrants
Total derivative holdings following April 17, 2026 sale
Transaction price per warrant
$0.1538 per warrant
Both purchase and sale prices
Warrant exercise price
$1.20 per share
Conversion price into Scilex common stock
Warrant expiration date
June 18, 2029
Expiration for traded warrants
Key Terms
Warrant (right to buy), open-market purchase, open-market sale, conversion or exercise price, +1 more
5 terms
Warrant (right to buy) financial
"security_title: "Warrant (right to buy)""
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
conversion or exercise price financial
"conversion_or_exercise_price: "1.2000""
Common Stock financial
"underlying_security_title: "Common Stock""
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Scilex (SCLX) report for Henry Ji?
Henry Ji reported buying and selling Scilex warrants. He purchased 3,250,000 warrants on April 16, 2026, then sold 650,000 warrants on April 17, 2026, both at $0.1538 per warrant, leaving 2,600,000 warrants held directly.
What type of securities did Henry Ji trade in this Scilex (SCLX) Form 4?
The transactions involved warrants, which are rights to buy Scilex common stock. Each warrant is exercisable at $1.20 per share and expires on June 18, 2029, giving Henry Ji long-dated exposure to Scilex equity.
What prices were paid and received in Henry Ji’s Scilex (SCLX) warrant trades?
Both the purchase and sale of warrants occurred at $0.1538 per warrant. Ji bought 3,250,000 warrants and later sold 650,000 warrants at the same $0.1538 price, so the reported transactions show no price difference between buy and sell.
How many Scilex (SCLX) warrants does Henry Ji hold after these transactions?
After the reported trades, Henry Ji directly holds 2,600,000 Scilex warrants. This figure comes from the Form 4 totals, reflecting 3,250,000 warrants bought and 650,000 warrants sold in open-market transactions on consecutive days.
What are the key terms of the Scilex (SCLX) warrants traded by Henry Ji?
The warrants give the right to buy Scilex common stock at an exercise price of $1.20 per share. They were traded around $0.1538 per warrant and carry an expiration date of June 18, 2029, according to the Form 4 disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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