MORRISSEY MICHAEL (President and CEO) exercised options at EXELIXIS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
Common Stock
Shares
+494.70K
Price / share
$21.31
Trade value
$10.54M
% of position
Common Stock
Shares
−369.61K
Price / share
$43.92
Trade value
$16.23M
% of position
Common Stock
Shares
−120.39K
Price / share
$43.92
Trade value
$5.29M
% of position
Common Stock
Shares
−250.74K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
+250.74K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−125.09K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
+125.09K
Price / share
—
Trade value
—
% of position
Net shares
+4.70K
Net value
-$10.98M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/13/2026 | M · Option Exercise | +494.70K | $21.31 | $10.54M | 27.1% | 1.83M | 2.32M |
| Common Stock Direct | 2/13/2026 | F · Tax Withholding | −369.61K | $43.92 | $16.23M | 15.9% | 2.32M | 1.95M |
| Common Stock Direct | 2/15/2026 | F · Tax Withholding | −120.39K | $43.92 | $5.29M | 6.2% | 1.95M | 1.83M |
| Common Stock Direct | 2/17/2026 | G · Gift | −250.74K | — | — | 13.7% | 1.83M | 1.58M |
| Common Stock Indirect | 2/17/2026 | G · Gift | +250.74K | — | — | 14.6% | 1.71M | 1.97M |
| Common Stock Direct | 2/18/2026 | G · Gift | −125.09K | — | — | 7.9% | 1.58M | 1.45M |
| Common Stock Indirect | 2/18/2026 | G · Gift | +125.09K | — | — | 6.4% | 1.97M | 2.09M |
| Total | +4.70K | -$10.98M | ||||||
Option (right to buy)
Common Stock
494.70K shares
Shares
−494.70K
Strike price
21.31
Held after
0.00
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option (right to buy) Direct | Common Stock494.70K shares | 2/13/2026 | M · Option Exercise | −494.70K | 21.31 | — | 0.00 |
Common Stock
Indirect| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 17.73K | Indirect |
| Total | 17.73K | 17.73K indirect |