BIIB Form 144 Notice: 517 Vested Shares To Be Sold via Fidelity
Rhea-AI Filing Summary
Biogen Inc. (BIIB) has filed a Form 144 notifying a proposed sale of 517 shares of common stock through Fidelity Brokerage Services. The filing lists an aggregate market value of $69,045.35 for the shares and states an approximate sale date of 09/02/2025 on NASDAQ. The shares were acquired on 09/01/2025 by restricted stock vesting from the issuer and payment is listed as compensation.
The filing shows 146,614,598 shares outstanding for the issuer. No securities sold in the past three months are reported and the filer represents there is no undisclosed material adverse information. The notice identifies Fidelity Brokerage Services LLC as the broker and includes the standard certification and signature/representation language required by Rule 144.
Positive
- None.
Negative
- None.
Insights
TL;DR Small executive/insider sale of newly vested restricted shares; dollar size is modest relative to outstanding equity.
The filing documents a proposed sale of 517 shares valued at $69,045.35 arising from restricted stock vesting and designated as compensation. The sale is to occur through Fidelity on NASDAQ and there are 146,614,598 shares outstanding, so the stake being sold is immaterial to capitalization. No prior sales in the past three months are reported. From a financial-materiality standpoint, this transaction is routine and unlikely to affect company valuation or market dynamics.
TL;DR Standard Rule 144 notice for vested compensation; disclosure and representations align with regulatory requirements.
The Form 144 attributes the shares to restricted stock vesting and notes compensation as the payment nature, which is consistent with typical insider compensation mechanics. The filer makes the required representation of no undisclosed material adverse information. The document contains broker details and an approximate sale date. There are no indications of unusual arrangements, aggregated prior sales, or reliance on a trading plan in this notice.