Haley Patrick J. 4

4 · EXELIXIS, INC. · Filed May 19, 2026

AI-generated summary of this filing

Updated May 19, 2026

Exelixis (EXEL) EVP Patrick J. Haley Withholds 33,265 Shares for Taxes

What Happened

Patrick J. Haley, Executive Vice President, Commercial of Exelixis, had 33,265 shares of company stock withheld on 2026-05-15 to satisfy taxes related to vested restricted stock units (RSUs). The shares were valued at $51.10 each for a total of $1,699,842. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed on time).
Shares withheld/disposed: 33,265 at $51.10 per share; total value ≈ $1,699,842.
Transaction code: F — shares withheld by the company to satisfy tax withholding on vesting.
Footnotes: Withholding covers RSUs granted on March 4, 2022; April 3, 2023; February 23, 2024; and February 26, 2025 (F1). Filing notes the reporting person also has 356,992 RSU/PSU shares pending vest and 646 shares from the April 30, 2026 ESPP (F2). The filing does not state a single total “shares owned after” number in the provided extract.
Not a 10b5-1 or gift; routine tax-related withholding.

Context

Tax-withholding dispositions are routine when RSUs vest: the company retains (or “withholds”) shares to cover the employee’s tax bill rather than the insider selling shares on the open market. Such transactions typically do not signal a change in the insider’s view of the company.

Form 4

Period: 2026-05-15

EVP, Commercial

Transactions

Tax Payment
Common Stock
[F1][F2]
2026-05-15$51.10/sh−33,265$1,699,842→ 389,748 total

Footnotes (2)

[F1]Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of restricted stock units ("RSUs") awarded on March 4, 2022, April 3, 2023, February 23, 2024, and February 26, 2025.
[F2]Includes 356,992 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of RSUs, the performance-based restricted stock unit award granted to the Reporting Person on March 31, 2025 ("One-Time Award PSUs") and 646 shares of Common Stock acquired on April 30, 2026, pursuant to the Exelixis, Inc. 2000 Employee Stock Purchase Plan. Each RSU is the economic equivalent of one share of Common Stock and each One-Time Award PSU represents a contingent right to receive one share of Common Stock.

Signature

/s/ Nina Ayer, Attorney in Fact|2026-05-19

1 file