Form 4: Neurocrine Biosciences Executive Exercises Stock Options
SEC Form 4 Filing
Julie Cooke, Chief Human Resources Officer at Neurocrine Biosciences, exercised stock options for 6,468 shares of common stock at a price of $61.82 on May 16, 2025.
Summary
- On May 16, 2025, Julie Cooke, the Chief Human Resources Officer of Neurocrine Biosciences, exercised stock options to acquire 6,468 shares of common stock.
- The exercise price was $61.82 per share.
- Following the transaction, Ms. Cooke directly owns 26,858 shares of Neurocrine Biosciences common stock.
- 24,994 of the reported shares are held by the Cooke Family Trust of 2004 U/A 12/28/2004, of which the Reporting Person has voting and investment power.
- Includes an aggregate of 200 shares purchased on February 28, 2025 from the Neurocrine Biosciences, Inc. 2018 Employee Stock Purchase Plan.
- The exercised options were part of an incentive stock option plan, with the options expiring on October 2, 2027.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock option exercise. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock option exercises are a common practice in publicly traded companies, aligning executive interests with shareholder value. This filing is a routine disclosure required by the SEC.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 12/28/2004 | Date of the Cooke Family Trust of 2004 U/A |
| October 2, 2018 | Date when 1/4th of the shares underlying the option became vested and exercisable |
| February 28, 2025 | Date of purchase of 200 shares from the Neurocrine Biosciences, Inc. 2018 Employee Stock Purchase Plan |
| 05/16/2025 | Date of stock option exercise. |
| 10/02/2027 | Expiration date of the incentive stock options. |
| 05/20/2025 | Date of Form 4 filing. |
Keywords
stock options, Neurocrine Biosciences, NBIX, executive compensation, Form 4, insider trading, Julie Cooke, Chief Human Resources Officer
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