4Filed Aug 11, 8:00 PM ET
Exelixis Director Mary C. Beckerle Sells 9,812 Shares
$EXEL · EXELIXIS, INC.Research Summary
AI-generated summary of this SEC filing
Exelixis Director Mary C. Beckerle Sells 9,812 Shares
What Happened
Mary C. Beckerle, a director of Exelixis, Inc. (EXEL), sold 9,812 shares of Exelixis common stock in open-market transactions on August 10, 2026. The weighted-average price was $53.66 per share, for aggregate proceeds of approximately $526,512. The filing reports the sales were effected under a Rule 10b5-1 trading plan adopted May 8, 2026.
Key Details
- Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (timely filing).
- Transaction type/code: Sale (S) — open-market sales reported.
- Shares sold: 9,812; weighted-average price: $53.66; price range reported: $53.16–$54.02.
- Total proceeds: ≈ $526,512.
- Footnotes: F1 — sale executed under a 10b5-1 plan; F2 — weighted-average price with range and availability of per-price breakdown upon request; F3 — filing also notes Beckerle is slated to receive 16,079 RSUs upon vesting (each RSU equals one share).
- Shares owned after transaction: not specified in the provided summary of the filing.
Context
Sales executed under a pre-established 10b5-1 plan are typically pre-scheduled and do not necessarily signal a change in insider view of the company. For retail investors, purchases tend to be more informative about insider confidence; this report documents a routine sale by a director rather than an acquisition.