Biogen (NASDAQ: BIIB) director Jesus B. Mantas awarded 1,505-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mantas Jesus B reported acquisition or exercise transactions in this Form 4 filing.
BIOGEN INC. director Jesus B. Mantas reported an equity award of 1,505 shares of Common Stock, received as a grant rather than a market purchase. Following this award, his direct ownership increased to 11,263 shares.
The filing notes that the associated restricted stock units vest on the earlier of the company’s next annual meeting or the anniversary of the June 9, 2026 grant date, tying the award to continued board service over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mantas Jesus B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,505 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,263 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 1,505 shares
Post-transaction holdings: 11,263 shares
Grant price per share: $0.0000
+1 more
4 metrics
Shares granted
1,505 shares
Equity grant to director Jesus B. Mantas
Post-transaction holdings
11,263 shares
Direct Common Stock owned after grant
Grant price per share
$0.0000
Reported transaction price per share for award
Vesting latest date
June 9, 2026
RSUs vest by earlier of next annual meeting or this date
Key Terms
restricted stock units, Common Stock, Grant, award, or other acquisition, annual meeting
4 terms
restricted stock units financial
"The restricted stock units vest on the earlier of (i) the next annual meeting or (ii) the anniversary of the date of grant of June 9, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock financial
"security_title: "Common Stock" and an award of 1,505 shares was reported."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" describes the nature of the transaction."
annual meeting financial
"The restricted stock units vest on the earlier of (i) the next annual meeting or (ii) the anniversary of the date of grant of June 9, 2026."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What did Biogen (BIIB) director Jesus B. Mantas report in this Form 4?
Jesus B. Mantas reported receiving an award of 1,505 shares of Biogen Common Stock. This was a grant, not an open-market purchase, and increased his direct holdings to 11,263 shares, reflecting routine equity-based director compensation at the company.
What type of transaction is reported for Biogen (BIIB) director Mantas?
The transaction is classified as a grant or award acquisition of Common Stock, coded “A” on Form 4. It reflects restricted stock units granted as part of compensation, with no cash purchase price and no shares sold in this disclosure.
When do the Biogen (BIIB) restricted stock units granted to Mantas vest?
The restricted stock units granted to Jesus B. Mantas vest on the earlier of Biogen’s next annual meeting or the June 9, 2026 grant anniversary. This schedule links the award’s vesting to ongoing board service over that period, as described in the filing footnote.
Does this Biogen (BIIB) Form 4 show any stock sales by Jesus B. Mantas?
The Form 4 does not report any stock sales by Jesus B. Mantas. It shows only an acquisition coded as a grant, adding 1,505 shares of Common Stock to his direct holdings and bringing his post-transaction position to 11,263 shares.