WAYS DOUGLAS KIRK exercised options at SPRUCE BIOSCIENCES, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

WAYS DOUGLAS KIRK

Filed: 1/21/2026ACC: 0001869391-26-000007

InsiderWAYS DOUGLAS KIRKCIK 1869391

→

IssuerSPRUCE BIOSCIENCES, INC.CIK 1683553

Director

Since Jun 2021

+5K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

6.92K acquired · 1.92K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+1.25K

Price / share

—

Trade value

—

% of position

New position

12/11/2025

0.00→1.25K

Total

Net shares

+1.25K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/11/2025	M · Option Exercise	+1.25K	—	—	New position	0.00	1.25K
Total			+1.25K		$0.00

Derivative Transactions6

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

5K shares

+5K

Strike price

Held after

Exercisable

—

12/11/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.25K shares

−1.25K

Strike price

Held after

3.75K

Exercisable

—

12/11/2025

Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

266.00 shares

+266.00

Strike price

104.13

Held after

266.00

Exercisable

—

12/11/2025

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

266.00 shares

−266.00

Strike price

791.25

Held after

0.00

Exercisable

—

12/11/2025

Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

400.00 shares

+400.00

Strike price

104.13

Held after

400.00

Exercisable

—

12/11/2025

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

400.00 shares

−400.00

Strike price

169.50

Held after

0.00

Exercisable

—

12/11/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock5K shares	12/11/2025	A · Award	+5K	0	—	5K
Restricted Stock Units Direct	Common Stock1.25K shares	12/11/2025	M · Option Exercise	−1.25K	0	—	3.75K
Stock Option (Right to Buy) Direct	Common Stock266.00 shares	12/11/2025	A · Award	+266.00	104.13	—	266.00
Stock Option (Right to Buy) Direct	Common Stock266.00 shares	12/11/2025	D · Disposition	−266.00	791.25	—	0.00
Stock Option (Right to Buy) Direct	Common Stock400.00 shares	12/11/2025	A · Award	+400.00	104.13	—	400.00
Stock Option (Right to Buy) Direct	Common Stock400.00 shares	12/11/2025	D · Disposition	−400.00	169.50	—	0.00