Michael Morrissey - Nov 11, 2025 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role
President and CEO, Director
Signature
/s/ Nina Ayer, Attorney in Fact
Stock symbol
EXEL
Transactions as of
Nov 11, 2025
Transactions value $
$0
Form type
4
Date filed
11/13/2025, 07:12 PM
Previous filing
May 16, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MORRISSEY MICHAEL President and CEO, Director C/O EXELIXIS, INC., 1851 HARBOR BAY PARKWAY, ALAMEDA /s/ Nina Ayer, Attorney in Fact 2025-11-13 0001202096

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Gift $0 -160K -8.64% $0.00 1.69M Nov 11, 2025 By Trust F1
transaction EXEL Common Stock Gift $0 -102K -6.69% $0.00 1.42M Nov 12, 2025 Direct F2, F3
transaction EXEL Common Stock Gift $0 +102K +6% $0.00 1.79M Nov 12, 2025 By Trust F2
transaction EXEL Common Stock Gift $0 -80K -4.46% $0.00 1.71M Nov 12, 2025 By Trust F4, F5
holding EXEL Common Stock 17.7K Nov 11, 2025 By 401(k) F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 11, 2025, the Reporting Person gifted 160,000 shares of Exelixis, Inc. common stock ("Common Stock") to the Bombora Rise Foundation.
F2 On November 12, 2025, the Reporting Person gifted 101,548 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.
F3 Includes 1,416,692 shares of Common Stock that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs"). Each RSU is the economic equivalent of one share of Common Stock and each PSU represents a contingent right to receive one share of Common Stock.
F4 On November 12, 2025, the Reporting Person gifted 80,000 shares of Common Stock to a donor advised fund.
F5 Shares held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust dated July 21, 1994, as amended.
F6 Represents shares of Common Stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of November 10, 2025.