Form 4: Exelixis Director Julie Smith Sells Shares
SEC Form 4 Filing
Julie Smith, a director at Exelixis, Inc., sold 27,280 shares of common stock on May 21, 2024, at an average price of $21.12.
Summary
- On May 21, 2024, Julie Smith, a director of Exelixis, Inc., sold 27,280 shares of common stock.
- The sale was executed at a weighted average price of $21.12 per share.
- The price range for the shares sold was between $21.11 and $21.17.
- Following the transaction, Ms. Smith directly owns 5,445 shares of Exelixis common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's sale of shares. It's a neutral event, not inherently positive or negative.
Industry Context
Sales of shares by company directors are a common occurrence and are publicly disclosed to ensure transparency. These sales can be for various reasons, including personal financial planning.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of transaction: Julie Smith sold shares of Exelixis common stock. |
| 05/23/2024 | Date of signature: Form 4 signed by Nina Ayer, Attorney in Fact. |
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