Biogen (BIIB) CAO Sean Godbout nets shares from RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BIOGEN INC. Chief Accounting Officer Sean Godbout exercised 181 restricted stock units into 181 shares of common stock on April 1, 2026. The RSUs, granted on April 1, 2025, vest in three equal yearly installments, and this transaction reflects one vesting event.
To cover tax obligations, 54 shares of common stock were withheld at a price of $183.78 per share, leaving a net increase of 127 shares. Following these compensation-related transactions, Godbout directly holds about 1,341.6667 shares of Biogen common stock, indicating a routine equity vesting and tax-withholding pattern rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
181 shares exercised/converted
Mixed
3 txns
Insider
Godbout Sean
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 181 | $0.00 | -- |
| Exercise | Common Stock | 181 | $0.00 | -- |
| Tax Withholding | Common Stock | 54 | $183.78 | $10K |
Holdings After Transaction:
Restricted Stock Unit — 364 shares (Direct);
Common Stock — 1,395.667 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 181 shares
Tax-withholding shares: 54 shares
Tax-withholding price: $183.78 per share
+2 more
5 metrics
RSUs exercised
181 shares
Restricted stock units converted to common stock on April 1, 2026
Tax-withholding shares
54 shares
Shares withheld to cover taxes at $183.78 per share
Tax-withholding price
$183.78 per share
Value used for 54 withheld shares on April 1, 2026
Net new shares
127 shares
181 RSUs converted minus 54 shares withheld for taxes
Shares held after transaction
1,341.6667 shares
Direct Biogen common stock holdings after April 1, 2026
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, Chief Accounting Officer
4 terms
Restricted Stock Unit financial
"The restricted stock units vest in three equal yearly installments"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Chief Accounting Officer financial
"officer_title": "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What insider transaction did Biogen (BIIB) report for Sean Godbout?
Biogen reported that Chief Accounting Officer Sean Godbout exercised 181 restricted stock units into 181 common shares. The transaction occurred on April 1, 2026, as part of a scheduled RSU vesting, rather than an open-market stock purchase or sale.
Are Sean Godbout’s Biogen (BIIB) transactions open-market buys or routine vesting?
The transactions are routine vesting-related events, not open-market buys or sells. Godbout exercised 181 restricted stock units at a $0.00 exercise price, then had 54 shares withheld for taxes, consistent with typical equity compensation practices for senior executives.
How do Sean Godbout’s Biogen (BIIB) RSUs vest over time?
Godbout’s restricted stock units vest in three equal yearly installments starting on April 1, 2025. The April 1, 2026 transaction represents one of these scheduled vesting installments, converting 181 RSUs into an equal number of Biogen common shares.