September 11, 2025 · Form 4 insider transaction
BROWN JAMES E sold 96,959 shares of Durect Corporation, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 1 day after the transaction.
Pursuant to the terms of the Merger Agreement, prior to the Effective Time, each award of restricted stock units outstanding under the Company Stock Plan was settled and the resulting shares were treated as all other shares in connection with the tender offer and the Merger.