SecBot SecBot
DEFA14A ·Filed Apr 30, 2026

HRTX

HERON THERAPEUTICS, INC. /DE/
NEUTRAL
Impact 2/10
Horizondays Processed5mo ago SEC0001193125-26-196311
Proxy solicitation materials
Actionable Insight • Neutral

All proposals are expected to pass with management's recommendations. Monitor the meeting outcome for any surprises, but no immediate trading catalyst from this routine filing.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
HRTX ▼ -61.73% at T+60d
NEUTRAL call -61.73% · α vs SPY -64.84% · entry $1.20 → $0.4592
Entry = T+0 close
Apr 30, 2026
via day close
T+1d
+5.83%
call +5.83% · α +5.61%
$1.27
settled 6mo ago
T+5d
+9.17%
call +9.17% · α +7.44%
$1.31
settled 6mo ago
T+20d
-25.83%
call -25.83% · α -30.80%
$0.8900
settled 5mo ago
T+60d
-61.73%
call -61.73% · α -64.84%
$0.4592
settled 3mo ago

Price Chart

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Executive Summary

Heron Therapeutics filed definitive additional proxy materials for its 2026 Annual Meeting scheduled for June 11, 2026. The board recommends voting FOR all seven proposals, including director election, auditor ratification, say-on-pay, equity plan amendments, and adoption of a Tax Benefits Preservation Plan. The filing is routine and contains no activist or dissident content.

Key Financial Metrics

Vote
director election
Meeting
2026-06-11

Key Facts

  • Annual Meeting on June 11, 2026, with record date and vote deadline June 10, 2026.
  • Board recommends FOR all 7 proposals: director election, auditor ratification, say-on-pay, equity plan amendment (+16.56M shares), ESPP amendment (+10M shares), Tax Benefits Preservation Plan ratification.
  • No dissident or activist solicitation materials identified in this DEFA14A.
  • Prior 8-K (24d ago) amended executive employment agreements with enhanced severance, signaling retention focus.

Financial Impact

Equity plan amendments would increase authorized shares by up to 26.56 million shares (16.56M for equity plan, 10M for ESPP), representing significant potential dilution.

dilutionshare count

Risk Factors

  • Potential dilution from proposed share increases if plans are fully utilized.
  • Say-on-pay vote is non-binding but could signal shareholder discontent if less than majority.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
89% bullish (9 analysts)

Investment Themes

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
DEFA14A Filing (Primary)0001193125-26-196311
Document: 0001193125-26-196311-index-headers.html0001193125-26-196311
Document: 0001193125-26-196311-index.html0001193125-26-196311
Document: 0001193125-26-196311.txt0001193125-26-196311
10 reports for HRTX
Performance horizon
100% Hit rate @ T+60 4 of 4 directional calls Went positive at some point 6 of 6 best @ T+20▲ +58.33%May 11, 2026
Filters
Rows
Reports for HRTX — sortable, filterable
TypeNow
Aug 10, 2026
11w ago
8-K
BEARISH ★ 7/10
$0.3350awaiting T+60—$0.3000 (+10.45%)
Aug 10, 2026
11w ago
Press Release
BEARISH ★ 7/10
$0.3350awaiting T+60—$0.3000 (+10.45%)
Jun 25, 2026
17w ago
8-K
BEARISH ★ 7/10
$0.4300 $0.2700▲ +37.21%▲ +43.31%$0.3000 (+30.23%)
Jun 2, 2026
20w ago
8-K
BEARISH ★ 7/10
$0.4500 $0.3321▲ +26.20%▲ +28.70%$0.3000 (+33.33%)
May 11, 2026
24w ago
8-K
BEARISH ★ 6/10
$0.9600 $0.5048▲ +47.42%▲ +51.81%$0.3000 (+68.75%)
May 11, 2026
24w ago
Press Release
BEARISH ★ 6/10
$0.9600 $0.5048▲ +47.42%▲ +51.81%$0.3000 (+68.75%)
Apr 30, 2026
25w ago
DEFA14A
NEUTRAL ★ 2/10
$1.20 $0.4592▼ −61.73%▼ −64.84%$0.3000 (−75.00%)
Apr 27, 2026
26w ago
Press Release
NEUTRAL ★ 1/10
$1.21 $0.4590▼ −62.07%▼ −66.06%$0.3000 (−75.21%)
Apr 6, 2026
29w ago
8-K
NEUTRAL ★ 4/10
$0.8100 $0.4244▼ −47.60%▼ −61.07%$0.3000 (−62.96%)
Feb 26, 2026
34w ago
8-K
MIXED ★ 6/10
$1.20 $0.8700▼ −27.50%▼ −35.25%$0.3000 (−75.00%)
Showing 10 of 10

US Market Status

Market Closed — Opens Wed (12h 37m)

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Report published Apr 30, 2026