Aftab Dana 4

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.