STOCK TITAN

RIGEL (RIGL) EVP Furey uses 877 shares to cover tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RIGEL PHARMACEUTICALS INC executive Raymond J. Furey reported a small tax-related share disposition. On June 1, 2026, 877 shares of common stock were delivered at $29.86 per share to cover tax obligations, a non‑market transaction classified as a tax-withholding disposition. Following this, he directly holds 50,936 common shares, indicating the adjustment is minor relative to his remaining position.

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Insider Furey Raymond J.
Role EVP, GC, CCO & Corp Sec
Type Security Shares Price Value
Tax Withholding Common Stock 877 $29.86 $26K
Holdings After Transaction: Common Stock — 50,936 shares (Direct, null)
Footnotes (1)
Shares used for tax withholding 877 shares Tax-withholding disposition on June 1, 2026
Price per share $29.86/share Value applied to 877-share tax-withholding disposition
Shares held after transaction 50,936 shares Direct common stock holdings following Form 4 event
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "F" regulatory
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Furey Raymond J.

(Last)(First)(Middle)
RIGEL PHARMACEUTICALS, INC.
611 GATEWAY BLVD, SUITE 900

(Street)
SOUTH SAN FRANCISCO CALIFORNIA 94080

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RIGEL PHARMACEUTICALS INC [ RIGL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, GC, CCO & Corp Sec
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026F877D$29.8650,936D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Raymond Furey06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RIGEL (RIGL) report for Raymond J. Furey?

RIGEL reported that executive Raymond J. Furey had 877 shares of common stock disposed of to satisfy tax obligations. This was a tax-withholding disposition, not an open-market trade, and reflects routine administration of equity compensation rather than a discretionary buy or sell decision.

Was the RIGEL (RIGL) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 877 shares were delivered at $29.86 per share to pay tax liabilities associated with equity, meaning the transaction does not represent a discretionary sale in the market by the executive.

How many RIGEL (RIGL) shares did Raymond J. Furey dispose of for taxes?

He disposed of 877 shares of RIGEL common stock to cover tax obligations. The shares were valued at $29.86 each, and the transaction is coded “F,” which indicates payment of a tax liability by delivering securities under SEC Form 4 reporting rules.

What are Raymond J. Furey’s RIGEL (RIGL) holdings after this Form 4?

After the tax-withholding disposition, Raymond J. Furey directly holds 50,936 shares of RIGEL common stock. This shows that the 877 shares used to satisfy tax obligations are small compared with his remaining direct equity position in the company.

What does transaction code "F" mean on the RIGEL (RIGL) Form 4?

Transaction code "F" indicates shares were delivered to pay an option exercise price or tax liability. In this RIGEL filing, it reflects 877 shares of common stock used to satisfy tax obligations, classifying the event as a mechanistic tax-withholding disposition rather than an open-market trade.