BROWN JAMES E (President & CEO) exercised options at DURECT CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 9/11/2025ACC: 0000950170-25-114312
DirectorOfficer· President & CEO
Since Nov 2018
0.00
Net shares
Net seller
$340.5K
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
261.92K acquired · 261.92K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+131.92K
Price / share
$1.30
Trade value
$171.50K
% of position
46.5%
9/9/2025
283.41K→415.33K
Common Stock
Direct
Shares
+130K
Price / share
$1.30
Trade value
$169K
% of position
31.3%
9/10/2025
415.33K→545.34K
Total
Net shares
+261.92K
Net value
$340.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/9/2025 | M · Option Exercise | +131.92K | $1.30 | $171.50K | 46.5% | 283.41K | 415.33K |
| Common Stock Direct | 9/10/2025 | M · Option Exercise | +130K | $1.30 | $169K | 31.3% | 415.33K | 545.34K |
| Total | +261.92K | $340.50K | ||||||
Derivative Transactions2
Stock Option (right to buy)
Direct
Converts to
Common Stock
131.92K shares
Shares
−131.92K
Strike price
1.3
Held after
233.08K
Exercisable
—
9/9/2025
Stock Option (right to buy)
Direct
Converts to
Common Stock
130K shares
Shares
−130K
Strike price
1.3
Held after
103.08K
Exercisable
—
9/10/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) Direct | Common Stock131.92K shares | 9/9/2025 | M · Option Exercise | −131.92K | 1.3 | — | 233.08K |
| Stock Option (right to buy) Direct | Common Stock130K shares | 9/10/2025 | M · Option Exercise | −130K | 1.3 | — | 103.08K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned8K
Total
8K indirect8K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 8K | Indirect |
| Total | 8K | 8K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported