DURECT CORP Announces 10% Owner ASEN R SCOTT's Share Buys on August 20 and 21.
ByAinvest
Friday, Aug 22, 2025 6:20 am ET1min read
DRRX--
The transactions are significant as they represent a substantial increase in Scott's beneficial ownership of Durect Corporation's common stock. According to the SEC Form 4 filing, Scott is deemed to be the beneficial owner of 30,000 shares of Common Stock of The Asen Foundation and 940,000 shares as President of Asen & Co [1].
These purchases come at a time when the market is closely watching Durect Corporation's performance and strategic initiatives. While the transactions do not indicate a specific strategy or outlook, they may suggest confidence in the company's future prospects. Investors should monitor the company's upcoming financial reports and earnings calls for more insights.
References:
[1] https://www.stocktitan.net/sec-filings/DRRX/form-4-durect-corp-insider-trading-activity-d4ddc8be6716.html
DURECT Corporation (DRRX) has announced that a 10% shareholder, ASEN R. Scott, has made two recent transactions. On August 20, 2025, Scott purchased 87,608 shares at a price of $1.89 per share. The following day, August 21, 2025, Scott acquired an additional 116,612 shares at a price of $1.9 per share.
Durect Corporation (DRRX) has announced that ASEN R. Scott, a 10% shareholder, has made two substantial transactions in the company's common stock. On August 20, 2025, Scott purchased 87,608 shares at a price of $1.89 per share. The following day, August 21, 2025, Scott acquired an additional 116,612 shares at a price of $1.9 per share [1].The transactions are significant as they represent a substantial increase in Scott's beneficial ownership of Durect Corporation's common stock. According to the SEC Form 4 filing, Scott is deemed to be the beneficial owner of 30,000 shares of Common Stock of The Asen Foundation and 940,000 shares as President of Asen & Co [1].
These purchases come at a time when the market is closely watching Durect Corporation's performance and strategic initiatives. While the transactions do not indicate a specific strategy or outlook, they may suggest confidence in the company's future prospects. Investors should monitor the company's upcoming financial reports and earnings calls for more insights.
References:
[1] https://www.stocktitan.net/sec-filings/DRRX/form-4-durect-corp-insider-trading-activity-d4ddc8be6716.html

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