MORRISSEY MICHAEL

PrivateCIK: 1202096
Location

ALAMEDA, CA

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.

M · 1 exercise
InsiderMORRISSEY MICHAELCIK 1202096
→
IssuerEXELIXIS, INC.CIK 939767
DirectorOfficer· President and CEO
Since Jul 2018
-490K
Net shares
Net seller
$21.52M
Total sold
0
Open market trades
0B · 0S
8
Total transactions
870.53K acquired · 1.36M disposed
Non-Derivative Transactions7

Common Stock

Direct
M · Option Exercise

Shares

+494.70K

Price / share

$21.31

Trade value

$10.54M

% of position

27.1%
2/13/2026
1.83M→2.32M

Common Stock

Direct
F · Tax Withholding

Shares

−369.61K

Price / share

$43.92

Trade value

$16.23M

% of position

15.9%
2/13/2026
2.32M→1.95M

Common Stock

Direct
F · Tax Withholding

Shares

−120.39K

Price / share

$43.92

Trade value

$5.29M

% of position

6.2%
2/15/2026
1.95M→1.83M

Common Stock

Direct
G · Gift

Shares

−250.74K

Price / share

—

Trade value

—

% of position

13.7%
2/17/2026
1.83M→1.58M

Common Stock

Indirect
G · Gift

Shares

+250.74K

Price / share

—

Trade value

—

% of position

14.6%
2/17/2026
1.71M→1.97M

Common Stock

Direct
G · Gift

Shares

−125.09K

Price / share

—

Trade value

—

% of position

7.9%
2/18/2026
1.58M→1.45M

Common Stock

Indirect
G · Gift

Shares

+125.09K

Price / share

—

Trade value

—

% of position

6.4%
2/18/2026
1.97M→2.09M
Total

Net shares

+4.70K

Net value

-$10.98M

Derivative Transactions1

Option (right to buy)

Direct
M · Option Exercise
Converts to

Common Stock

494.70K shares

Shares

−494.70K

Strike price

21.31

Held after

0.00

Exercisable

—

2/13/2026
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect
Shares owned17.73K
Total
17.73K indirect17.73K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
MORRISSEY MICHAEL — Insider Transaction (Form 4) Filed Feb 18, 2026 | Finecho