FLATLEY JAY T 4

4 · Denali Therapeutics Inc. · Filed Jun 5, 2026

AI-generated summary of this filing

Updated Jun 5, 2026

Denali (DNLI) Director Jay Flatley Receives 25,634 RSU Award

What Happened

Jay T. Flatley, a director of Denali Therapeutics (DNLI), received equity awards on 2026-06-03 consisting of 6,408 RSUs and 19,226 derivative awards (total 25,634 units). The grants were reported with $0 cash paid (typical for RSU/award grants).

Key Details

Transaction date: 2026-06-03; filing date: 2026-06-05 (filed two days after the transaction — appears timely).
Reported amounts: 6,408 shares (RSUs) + 19,226 derivative units = 25,634 total.
Price: $0.00 per share (award/grant), total cash paid $0.
Ownership after transaction: not specified in the provided excerpt of the filing.
Footnotes: F1–F4 describe the award mechanics — each unit is represented by an RSU/contingent right to one share; 100% of the RSUs vest upon the earlier of (i) one year after grant or (ii) the day before the issuer’s next annual meeting. F2 notes 6,408 are unvested RSUs; F3 states shares are held of record by The Flatley Family Trust.

Context

These are award grants (not open-market purchases or sales). RSUs/derivative awards give the holder a future right to receive shares upon vesting and do not indicate an immediate cash investment or sale. For retail investors, such awards are routine compensation for insiders and should be viewed as compensation-related rather than a direct market sentiment signal.

Form 4

Period: 2026-06-03

Director

Transactions

Award
Common Stock
[F1][F2]
2026-06-03+6,408→ 22,628 total
Award
Stock Option (right to buy)
[F4]
2026-06-03+19,226→ 19,226 total
Exercise: $19.66Exp: 2036-06-03→ Common Stock (19,226 underlying)

Holdings

Footnotes (4)

[F1]Each share is represented by a Restricted Stock Unit ("RSU") and a contingent right to receive one share of common stock of the Issuer. 100% of the RSUs shall vest upon the earlier of (i) the one year anniversary of the grant date or (ii) the day preceding the Issuer's next annual meeting of stockholders occurring after the grant date.
[F2]Includes 6,408 unvested RSUs.
[F3]The shares are held of record by The Flatley Family Trust, for which the Reporting Person serves as a trustee.
[F4]100% of the shares subject to the option shall vest upon the earlier of (i) the one year anniversary of the grant date or (ii) the day preceding the Issuer's next annual meeting of stockholders occurring after the grant date.

Signature

/s/ Tyler Nielsen, by power of attorney|2026-06-05

1 file