Beckerle Mary C 4
Research Summary
AI-generated summary
Exelixis Director Mary C. Beckerle Receives RSU Award
What Happened Mary C. Beckerle, a director of Exelixis, Inc. (EXEL), received a grant of 8,367 restricted stock units (RSUs) on May 27, 2026. The grant is reported as an award (code A) at $0.00 per share (no cash paid at grant). Each RSU equals one share of common stock and the award is scheduled to vest 100% on May 27, 2027, subject to Beckerle’s continued service.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (timely filing)
- Transaction type/code: Grant/Award (A)
- Amount: 8,367 RSUs granted; grant price shown as $0.00
- Vesting: 100% of the RSUs vest on May 27, 2027, subject to continued service (see F1)
- Shares reported/subject to vesting: Filing notes 16,079 shares of Common Stock that will be issued to the reporting person upon vesting of RSUs (footnote F2)
- No indication of a 10b5-1 plan, cashless exercise, sale, or tax-withholding action in this filing
Context RSUs are a common form of equity compensation for directors and convert to actual shares only if and when they vest; as an award (not a purchase or sale) this filing is primarily disclosure of compensation rather than a direct market vote by the insider. The economic value to the insider will depend on Exelixis’s stock price at vesting.