David Edward Johnson - 25 Nov 2025 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Reporting relationship: Director
Issuer ticker: EXEL
Reported as of: 25 Nov 2025
Net transaction value: +$1,187,235
SEC form: 4
Accepted by SEC: 26 Nov 2025, 16:05:28 UTC
Prior SEC filing: 20 Jun 2025
Next SEC filing: 29 May 2026
Source filing: View source filing
Reporting owner signature: /s/ David Edward Johnson

Key filing fact

David Edward Johnson filed Form 4 for EXELIXIS, INC. (EXEL) on 26 Nov 2025.

Key facts

This page summarizes David Edward Johnson's Form 4 filing for EXELIXIS, INC. (EXEL).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 26 Nov 2025, 16:05.

Change

Previous filing in this sequence was filed on 20 Jun 2025.
Current net transaction value: +$1,187,235.

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 (2)

CIK 0001785557 Primary reporting owner

JOHNSON DAVID EDWARD

Relationship: Director
Address: 780 THIRD AVENUE, 30TH FLOOR, NEW YORK
Signature: /s/ David Edward Johnson
Signature date: 26 Nov 2025

CIK 0001727492

Caligan Partners LP

Relationship: Director, Other*
Address: 780 THIRD AVENUE, 30TH FLOOR, NEW YORK
Signature: Caligan Partners LP, By: /s/ David Johnson, Managing Partner
Signature date: 26 Nov 2025

Reported non-derivative transactions

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

EXEL transaction

Common Stock

Purchase

Transaction value: $1,187,235
Shares: +27,532
Change %: +1.8%
Price: $43.12
Shares after: 1,553,262
Date: 25 Nov 2025
Ownership: See footnote
Footnotes: F1

EXEL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 18,176
Date: 25 Nov 2025
Ownership: Direct
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

This Form 4 is filed by David Johnson ("Mr. Johnson") and Caligan Partners LP ("Caligan") with respect to the securities held by Caligan Partners Master Fund LP ("Caligan Master Fund"), a Cayman Islands limited partnership, and managed accounts ("Caligan Accounts", together with the Caligan Master Fund, the "Caligan Fund and Accounts") to which Caligan serves as investment manager. Mr. Johnson is the Managing Partner of Caligan and a Managing Member of Caligan Partners GP LLC, the general partner of Caligan.

Footnote F2

Includes 9,088 shares of common stock that will be issued to Mr. Johnson upon vesting of restricted stock units. Mr. Johnson is deemed to hold the securities reported herein for the benefit of the Caligan Fund and Accounts, and may, after vesting, if applicable, transfer the securities directly to the Caligan Fund and Accounts.

SEC remarks

Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Caligan may be deemed to be a director by deputization of the Issuer by virtue of the fact that Mr. Johnson currently serves on the Issuer's board of directors.