CHRISTIE CHRISTOPHER 4
4 · Pacira BioSciences, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Pacira (PCRX) Director Christopher Christie Receives Award & Option
What Happened Christopher Christie, a director of Pacira BioSciences, received two equity awards on June 10, 2026: 6,405 restricted stock units (RSUs) and a derivative award representing 10,891 shares (a stock option). Both awards were recorded at $0.00 (no cash paid) and total 17,296 contingent share units. These are grants/awards rather than open-market purchases or sales.
Key Details
- Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (timely filing).
- Awards: 6,405 RSUs (grant, $0.00) and 10,891-share derivative award (stock option, $0.00).
- Vesting/exercisable: RSUs vest June 10, 2027 if continuous service; the option vests/becomes exercisable June 10, 2027 if continuous service (see footnotes F1, F2).
- Shares owned after transaction: not reported in the provided filing details.
- No 10b5-1 plan, gifts, or tax-withholding actions noted in the provided information.
Context These awards are typical long-term compensation for directors and do not reflect an immediate market purchase or sale; RSUs convert to common shares at vesting and the option becomes exercisable only if Christie remains in service through June 10, 2027. Such grants are routine and intended for retention/compensation rather than an immediate bullish or bearish signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-10+6,405→ 23,059 total - Award
Stock Option (Right to Buy)
[F2]2026-06-10+10,891→ 10,891 totalExercise: $23.42From: 2027-06-10Exp: 2036-06-10→ Common Stock (10,891 underlying)
Footnotes (2)
- [F1]Represents restricted stock units that vest on June 10, 2027, provided that the reporting person remains in continuous service with the issuer through the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.
- [F2]The stock option vests and becomes exercisable on June 10, 2027, provided that the reporting person remains in continuous service with the issuer through the vesting date.