Form 4: Neurocrine Biosciences Executive Exercises Stock Options

Sentiment:

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

DateDescription
12/28/2004Date of the Cooke Family Trust of 2004 U/A
October 2, 2018Date when 1/4th of the shares underlying the option became vested and exercisable
February 28, 2025Date of purchase of 200 shares from the Neurocrine Biosciences, Inc. 2018 Employee Stock Purchase Plan
05/16/2025Date of stock option exercise.
10/02/2027Expiration date of the incentive stock options.
05/20/2025Date 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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