Aftab Dana 4
4 · EXELIXIS, INC. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Exelixis (EXEL) EVP Aftab Dana Sells 43,451 Shares
What Happened Aftab Dana, Executive Vice President of Research and Development at Exelixis (EXEL), sold 43,451 shares of Exelixis common stock in an open-market sale on May 26, 2026 at $50.35 per share, netting approximately $2,187,758. This was a sale (not a purchase or option exercise) and is typically treated as a routine disposition unless otherwise noted.
Key Details
- Transaction date and price: 2026-05-26; 43,451 shares sold at $50.35 each.
- Proceeds: About $2,187,758.
- Filing date: Form 4 filed 2026-05-28 (appears timely for a Form 4 covering a 2026-05-26 transaction).
- Shares owned after transaction: Not stated in the provided filing summary.
- Footnotes of note:
- F1: Reporting person has 405,966 RSUs and performance-based PSUs that will convert to common stock upon vesting/achievement.
- F2: Includes shares held under Exelixis' 401(k) Plan as of May 26, 2026.
- Transaction code: S = Sale.
Context Sales by executives can reflect many reasons (diversification, tax needs, scheduled sales) and do not by themselves indicate a change in view about the company. The filing shows this was a straight open-market sale; no option exercise, 10b5-1 plan, or gift was indicated in the provided notes.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-26$50.35/sh−43,451$2,187,758→ 594,741 total
- 5,835(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]Includes 405,966 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs"), and the performance-based restricted stock unit award granted to the Reporting Person on March 31, 2025 ("One-Time Award PSUs"). 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.
- [F2]Represents shares of Common Stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of May 26, 2026.