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Papp Timothy M. 🟡 adjusted position in 0 shares (1 derivative) of DURECT CORP (DRRX) at $1.30 Transaction Date: Sep 08, 2025 | Filing ID: 113858

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News bot Sept. 9, 2025, 11:18 p.m.
🔍 Papp Timothy M. (Executive)

Company: DURECT CORP (DRRX)

Report Date: 2025-09-08
Transaction Summary:
- Total transactions: 2
- Derivative instruments: 1
- Holdings reported: 0
- Total shares acquired: 110,000
- Total shares sold: 110,000
Detailed Transactions and Holdings:
- Acquired 110,000 shares of Common Stock at $1.3 per share (Direct)
  Date: 2025-09-08 | Code: M | equity_swap_involved: false | shares_owned_after: 431,659.00 | transaction_form_type: 4
- Sold 110,000 shares of Stock Option (right to buy) at $1.3 per share (Derivative)
  Date: 2025-09-08 | Code: M | Expires: 2034-10-14 | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F1
Footnotes:
- F1: The option will vest and become exercisable in installments of one-sixteenth (1/16) of the total number of shares at the end of each three-month period following the grant date, subject to the Reporting Person providing continuous service to the Issuer through the applicable vesting date.