Brenda Hefti - Dec 3, 2025 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Signature
/s/ Nina Ayer, Attorney in Fact
Stock symbol
EXEL
Transactions as of
Dec 3, 2025
Transactions value $
$0
Form type
4
Date filed
12/5/2025, 06:51 PM
Previous filing
Nov 20, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hefti Brenda SVP and General Counsel 1851 HARBOR BAY PARKDWAY, ALAMEDA /s/ Nina Ayer, Attorney in Fact 2025-12-05 0002097579

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Award $0 +30.2K +33.36% $0.00 121K Dec 3, 2025 Direct F1, F2
holding EXEL Common Stock 5.53K Dec 3, 2025 By 401(k) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon the vesting of restricted stock units ("RSUs"). The RSUs were granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. The RSUs will vest as to 1/4th of the original number of shares subject to the RSU award on February 15, 2027 and thereafter as to 1/4th of the original number of shares subject to the RSU award on each February 15th until fully vested.
F2 Includes 110,745 shares of Common Stock that will be issued to the Reporting Person upon vesting of RSUs.
F3 Represents shares of Common Stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of December 2, 2025.