BROWN JAMES E 4
4 · DURECT CORP · Filed Sep 11, 2025
Insider Transaction Report
Form 4
DURECT CORPDRRX
BROWN JAMES E
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2025-09-10$1.30/sh+130,000$169,000→ 545,335 total - Exercise/Conversion
Stock Option (right to buy)
2025-09-10−130,000→ 103,077 totalExercise: $1.30Exp: 2034-10-14→ Common Stock (130,000 underlying) - Exercise/Conversion
Common Stock
2025-09-09$1.30/sh+131,923$171,500→ 415,335 total - Exercise/Conversion
Stock Option (right to buy)
2025-09-09−131,923→ 233,077 totalExercise: $1.30Exp: 2034-10-14→ Common Stock (131,923 underlying)
Holdings
- 8,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Held by the Brown Family Trust DTD 5/10/2006.
- [F2]The option will vest and become exercisable in installments of one-sixteenth (1/16) of the total number of shares at the end of each three-month period following the grant date, subject to the Reporting Person providing continuous service to the Issuer through the applicable vesting date.