PAPP TIMOTHY M. (Chief Financial Officer) reported 2 transactions at DURECT CORP
Review the transaction codes below to understand the nature of each event.
Filed: 9/12/2025ACC: 0000950170-25-114643
Officer· Chief Financial Officer
Since Jul 2022
-564.04K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
564.04K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−385K
Price / share
—
Trade value
—
% of position
New position
9/11/2025
385K→0.00
Common Stock
Direct
Shares
−46.66K
Price / share
—
Trade value
—
% of position
New position
9/11/2025
46.66K→0.00
Total
Net shares
−431.66K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/11/2025 | U · U | −385K | — | — | New position | 385K | 0.00 |
| Common Stock Direct | 9/11/2025 | D · Disposition | −46.66K | — | — | New position | 46.66K | 0.00 |
| Total | −431.66K | $0.00 | ||||||
Derivative Transactions3
Stock Option (right to buy)
Direct
Converts to
Common Stock
60K shares
Shares
−60K
Strike price
4.515
Held after
0.00
Exercisable
—
9/11/2025
Stock Option (right to buy)
Direct
Converts to
Common Stock
12.38K shares
Shares
−12.38K
Strike price
5.07
Held after
0.00
Exercisable
—
9/11/2025
Stock Option (right to buy)
Direct
Converts to
Common Stock
60K shares
Shares
−60K
Strike price
5.07
Held after
0.00
Exercisable
—
9/11/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) Direct | Common Stock60K shares | 9/11/2025 | D · Disposition | −60K | 4.515 | — | 0.00 |
| Stock Option (right to buy) Direct | Common Stock12.38K shares | 9/11/2025 | D · Disposition | −12.38K | 5.07 | — | 0.00 |
| Stock Option (right to buy) Direct | Common Stock60K shares | 9/11/2025 | D · Disposition | −60K | 5.07 | — | 0.00 |