Furey Raymond J. 4
4 · RIGEL PHARMACEUTICALS INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Rigel (RIGL) EVP Raymond Furey Surrenders 877 Shares for Taxes
What Happened
- Raymond J. Furey, EVP, General Counsel, Chief Compliance Officer & Corporate Secretary of Rigel Pharmaceuticals (RIGL), disposed of 877 shares on 2026-06-01 to satisfy tax liabilities tied to equity compensation. The per-share value reported was $29.86, for a total of $26,187.
- This was a share-for-tax withholding (reported with transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (Form 4 filing appears timely).
- Price used for withholding: $29.86 per share.
- Shares disposed: 877; value: $26,187.
- Transaction code: F — payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
- Shares owned after the transaction: not specified in the provided filing excerpt; check the full Form 4 for post-transaction holdings.
- Not a 10b5-1 sale or gift; this is routine tax withholding associated with equity compensation.
Context
- Shares withheld to cover taxes are a common administrative step after option exercises or restricted stock vesting. They represent a tax payment, not necessarily a signal of the insider’s view on the company’s stock.
- If you want the full holdings and additional notes, consult the complete Form 4 filing (Accession: 0000905148-26-002807) on the SEC EDGAR site.
Insider Transaction Report
Form 4
Furey Raymond J.
EVP, GC, CCO & Corp Sec
Transactions
- Tax Payment
Common Stock
2026-06-01$29.86/sh−877$26,187→ 50,936 total
Signature
/s/ Raymond Furey|2026-06-03