Michael Morrissey - 15 May 2026 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Reporting relationship: President and CEO, Director
Issuer ticker: EXEL
Reported as of: 15 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 May 2026, 18:58:49 UTC
Prior SEC filing: 08 May 2026
Next SEC filing: 26 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Nina Ayer, Attorney in Fact

Key filing fact

Michael Morrissey filed Form 4 for EXELIXIS, INC. (EXEL) on 19 May 2026.

Key facts

This page summarizes Michael Morrissey's Form 4 filing for EXELIXIS, INC. (EXEL).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 19 May 2026, 18:58.

Change

Previous filing in this sequence was filed on 08 May 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001202096 Primary reporting owner

MORRISSEY MICHAEL

Relationship: President and CEO, Director
Address: C/O EXELIXIS, INC., 1851 HARBOR BAY PARKWAY, ALAMEDA
Signature: /s/ Nina Ayer, Attorney in Fact
Signature date: 19 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EXEL transaction

Common Stock

Tax liability

Transaction value
Shares: -128,497
Change %: -8%
Price: $51.10^*
Shares after: 1,486,055
Date: 15 May 2026
Ownership: Direct
Footnotes: F1, F2

EXEL transaction

Common Stock

Gift

Transaction value
Shares: -124,047
Change %: -8.3%
Price: $0.000000^*
Shares after: 1,362,008
Date: 18 May 2026
Ownership: Direct
Footnotes: F2, F3

EXEL transaction

Common Stock

Gift

Transaction value
Shares: +124,047
Change %: +6.6%
Price: $0.000000^*
Shares after: 2,004,327
Date: 18 May 2026
Ownership: By Trust
Footnotes: F3, F4

EXEL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 17,728
Date: 15 May 2026
Ownership: By 401(k)
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of restricted stock units ("RSUs") awarded on March 4, 2022, April 3, 2023, February 23, 2024, and February 26, 2025.

Footnote F2

Includes 1,362,008 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of RSUs and the performance-based restricted stock unit award granted to the Reporting Person on March 31, 2025 ("One-Time Award PSUs"). Each RSU is the economic equivalent of one share of Common Stock and each One-Time Award PSU represents a contingent right to receive one share of Common Stock.

Footnote F3

On May 18, 2026, the Reporting Person gifted 124,047 shares of Common Stock to Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust dated July 21, 1994, as amended.

Footnote F4

Shares of Common Stock held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust dated July 21, 1994, as amended.

Footnote F5

Represents shares of Common Stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of May 14, 2026.