Director Kevin Charles Gorman sold 245,088 shares of NBIX at $154.33 for $37.8M under 10b5-1 plan; retains 511,293 shares.
Director Kevin Charles Gorman executed a scheduled sale of 245,088 shares at $154.33 on 2026-05-19 under a pre-arranged 10b5-1 trading plan adopted on 2026-02-17, reducing his holdings to 511,293 shares from 756,381 shares. His prior five trades at NBIX show mixed near-term outcomes: three measurable sales posted 30-day returns of +14.0%, +5.3%, and -21.3%, while his cross-ticker track record across all tickers shows 8 prior sells with an average 90-day return of +1.4%. NBIX fundamentals remain solid with annual revenue growth of +21.4%, net income of $197,900,000.00, and a P/E of 23.38, though the stock currently trades at $155.50, down -4.2% from the 52-week high of $162.39. This is a scheduled, non-discretionary transaction, so timing characterization is not applicable.