James E. Brown - 08 Sep 2025 Form 4 Insider Report for DURECT CORP (DRRX)

Role
President & CEO, Director
Signature
/s/ James E. Brown
Issuer symbol
DRRX
Transactions as of
08 Sep 2025
Net transactions value
+$13,000
Form type
4
Filing time
10 Sep 2025, 21:23:51 UTC
Previous filing
15 Jul 2025
Next filing
11 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BROWN JAMES E President & CEO, Director C/O DURECT CORPORATION, 10240 BUBB ROAD, CUPERTINO /s/ James E. Brown 09 Sep 2025 0001134620

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRRX Common Stock Options Exercise $13,000 +10,000 +3.7% $1.30 283,412 08 Sep 2025 Direct

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 DRRX Stock Option (right to buy) Options Exercise $0 -10,000 -2.7% $0.000000 365,000 08 Sep 2025 Common Stock 10,000 $1.30 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will vest and become exercisable in installments of one-sixteenth (1/16) of the total number of shares at the end of each three-month period following the grant date, subject to the Reporting Person providing continuous service to the Issuer through the applicable vesting date.