MORRISSEY MICHAEL bought EXEL
February 13, 2026 · Form 4 insider transaction
MORRISSEY MICHAEL bought 494,700 shares of Exelixis, Inc. at $21.31 per share, a transaction worth $10.54M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
Direction
Acquired (buy-side)
Shares
494,700
Price
$21.31
Total value
$10.54M
InsiderMORRISSEY MICHAEL
Role—
CompanyExelixis, Inc. (EXEL)
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateFebruary 13, 2026
Filing dateFebruary 18, 2026
Shares owned after2,319,941
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Includes 1,454,115 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs") and PSUs granted to the Reporting Person on March 31, 2025 ("One-Time Award PSUs"). Each RSU is the economic equivalent of one share of Common Stock and each One-Time Award PSU represents a contingent right to receive one share of Common Stock.