Form 4 for EXEL EXELIXIS, INC.

Accepted 2026-03-02 00:00:00 ET · period of report 2026-02-24 · accession 0000939767-26-000033 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2026-03-02	2026-02-24	EXEL	MORRISSEY MICHAEL	Pres, CEO, Dir	G - Gift	$0.00	-100.3K	1.99M	-5%	$0
	2026-03-02	2026-02-26	EXEL	MORRISSEY MICHAEL	Pres, CEO, Dir	A - Grant	$0.00	+160.4K	1.61M	+11%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2026-02-24	G	D	100,278	$0.00	1,989,956	I By Trust	—	—	(F2) Shares held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust dated July 21, 1994, as amended.
2	Common	Common Stock	2026-02-26	A	A	160,437	$0.00	1,614,552	D	—	—	(F3) Represents shares of 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 May 15, 2027 and thereafter as to 1/4th of the original number of shares subject to the RSU award on each May 15th until fully vested. (F4) Includes 1,614,552 shares of 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.