Samir M. Gharib - 15 Dec 2025 Form 4 Insider Report for SPRUCE BIOSCIENCES, INC. (SPRB)

Signature
/s/ Samir Gharib
Issuer symbol
SPRB
Transactions as of
15 Dec 2025
Net transactions value
-$29,203
Form type
4
Filing time
17 Dec 2025, 16:58:51 UTC
Previous filing
15 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gharib Samir M. PRESIDENT AND CFO C/O SPRUCE BIOSCIENCES, INC., 611 GATEWAY BOULEVARD, SUITE 740, SOUTH SAN FRANCISCO /s/ Samir Gharib 17 Dec 2025 0001533302

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRB Common Stock Options Exercise $0 +496 +6.5% $0.000000 8,112 15 Dec 2025 Direct F1, F2
transaction SPRB Common Stock Tax liability $14,359 -178 -2.2% $80.67 7,934 15 Dec 2025 Direct F1
transaction SPRB Common Stock Options Exercise $0 +513 +6.5% $0.000000 8,447 15 Dec 2025 Direct F2, F3
transaction SPRB Common Stock Tax liability $14,843 -184 -2.2% $80.67 8,263 15 Dec 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPRB Restricted Stock Units Options Exercise $0 -496 -50% $0.000000 497 15 Dec 2025 Common Stock 496 $0.000000 Direct F1, F2
transaction SPRB Restricted Stock Units Options Exercise $0 -513 -33% $0.000000 1,027 15 Dec 2025 Common Stock 513 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 5, 2022, the Reporting Person was granted 1,986 time-based restricted stock units ("RSUs"), subject to a 4-year vesting schedule, with 25% of the total number of RSUs vested on December 15, 2023 (the "Annual Vesting Date") and 25% of the total number of RSUs to vest in annual installments on each anniversary of the Annual Vesting Date thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan). On December 15, 2025, 496 RSUs vested, with 178 shares withheld for taxes, resulting in a net issuance of 318 shares.
F2 Each RSU represents a contingent right to receive one share of common stock of the Issuer.
F3 On December 14, 2023, the Reporting Person was granted a total of 4,106 RSUs. 50% or 2,053 of the total RSUs are performance-based and all vested on December 10, 2024. An addition of 50% or 2,053 of the total RSUs are time-based. 25% of which vested on December 15, 2024, and in equal annual installments thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan). On December 15, 2025, 513 shares vested and 184 shares were withheld for taxes, resulting in a net issuance of 329 shares.