Form 4: Exelixis EVP, Commercial, Patrick J. Haley, Reports Stock Sale
SEC Form 4 Filing
Patrick J. Haley, EVP, Commercial at Exelixis, Inc., reports the sale of 34,387 shares of common stock at an average price of $44.06.
Summary
- On May 20, 2025, Patrick J. Haley, EVP, Commercial at Exelixis, Inc., sold 34,387 shares of common stock at an average price of $44.06.
- The sale was reported on a Form 4 filing with the SEC.
- Following the transaction, Haley directly owns 412,072 shares of Exelixis common stock, which includes 374,029 shares that will be issued upon vesting of restricted stock units (RSUs) and performance-based restricted stock units (PSUs).
- Haley also indirectly owns 23,539 shares through a spouse and 10,648 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock sale transaction |
| 05/19/2025 | Date of 401(k) plan statement |
| 05/22/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, SEC Filing, Stock Sale, Exelixis, Haley, EXEL, Insider Trading
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