DRRX - Durect Corp

Insider Purchase by Asen R Scott (10%)

1 Year
After Trade
Before Trade

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Trade Summary

6 months ago, Asen R Scott, serving as 10% owner at Durect Corp (DRRX), purchased 204,220 shares at $1.89 per share, for a total transaction value of $386,666.00. Following this transaction, Asen R Scott now holds 3,636,612 shares of DRRX.

This purchase represents a 6.00% increase in Asen R Scott's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, August 20, 2025 and publicly disclosed via SEC Form 4 filing on Friday, August 22, 2025, 2 days after the trade was made.

Asen R Scott

Asen R Scott

10%

R. Scott Asen (also referred to as Asen R. Scott) is a director and >10% shareholder (beneficial owner) of Durect Corporation (DRRX).[[1]](https://insiderinsights.com/free/index.php?s=filer&o=-1&a=&q=ASEN+R+SCOTT)[[2]](https://www.stocktitan.net/sec-filings/DRRX/form-3-durect-corp-initial-statement-of-beneficial-ownership-9aa1155714db.html)[[3]](https://tickertracker.io/stocks/drrx/insiders/r-scott-asen/summary) In August 2025, he filed an initial Form 3 disclosing beneficial ownership of 3,432,392 shares, including 2,550,000 shares directly, 30,000 shares indirectly through The Asen Foundation, and 852,392 shares indirectly via Asen & Co., over which he holds investment authority; he disclaims beneficial ownership except to the extent of his pecuniary interest.[[2]](https://www.stocktitan.net/sec-filings/DRRX/form-3-durect-corp-initial-statement-of-beneficial-ownership-9aa1155714db.html) His current holdings are reported as approximately 3.64 million shares directly, valued over $7 million.[[4]](https://www.gurufocus.com/insider/22562/r-scott-asen) Asen serves as President of Asen & Co., an advisory firm providing investment services with voting and dispositive authority over client accounts.[[2]](https://www.stocktitan.net/sec-filings/DRRX/form-3-durect-corp-initial-statement-of-beneficial-ownership-9aa1155714db.html)[[5]](https://www.itiger.com/stock/DRRX/news) He is recognized as a significant insider in DRRX, with recent portfolio holdings in the company totaling around 2.61-3.08 million shares.[[6]](https://fintel.io/i/asen-r-scott)

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Trade Price

$1.89

Quantity

204,220

Total Value

$386,666.00

Shares Owned

3,636,612

Trade Date

Wednesday, August 20, 2025

186 days ago

SEC Filing Date

Friday, August 22, 2025

Filed 2 days after trade

About Durect Corp

Company Overview

No company information available
View news mentioning DRRX

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