Lee Frank D. 4

What Happened
Frank D. Lee, CEO of Pacira BioSciences (PCRX), had 41,488 shares withheld by the company to satisfy tax withholding obligations upon vesting of restricted stock units (RSUs). The shares were valued at $20.54 each, for a total disposition of approximately $852,164. This was a tax-withholding event (routine), not an open-market sale or new purchase.

Key Details

• Transaction date: January 30, 2026
• Price per share: $20.54; Total value: ~$852,164
• Transaction type/code: Shares withheld to cover tax withholding (footnote code F / F1)
• Shares owned after the transaction: Not specified in the provided filing details
• Filing date: February 3, 2026 — filed within SEC timing rules (timely)

Context
This was a cashless tax-withholding disposition tied to RSU vesting (company withheld shares instead of the insider remitting cash). Such withholding transactions are routine and do not by themselves indicate a change in the insider’s view of the company.