Biogen (NASDAQ: BIIB) director receives 2,005 restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freire Maria C reported acquisition or exercise transactions in this Form 4 filing.
Biogen director Maria C. Freire received an equity award of 2,005 shares of common stock in the form of restricted stock units. The grant carried no purchase price and represents compensation rather than an open-market trade. Following this award, she directly owns 8,820 shares of Biogen common stock. The restricted stock units vest on the earlier of the next annual meeting or the June 9, 2026 anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Freire Maria C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,005 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,820 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 2,005 shares
Post-grant holdings: 8,820 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Equity award size
2,005 shares
Restricted stock unit grant to director on June 9, 2026
Post-grant holdings
8,820 shares
Total Biogen common shares directly owned after transaction
Grant price per share
$0.0000 per share
Restricted stock units granted at no purchase price
Vesting trigger date
June 9, 2026
Vest on earlier of next annual meeting or grant anniversary
Key Terms
restricted stock units, Common Stock, grant, award, or other acquisition
3 terms
restricted stock units financial
"The restricted stock units vest on the earlier of (i) the next annual meeting..."
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""
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""
FAQ
What insider transaction did Biogen (BIIB) director Maria C. Freire report?
Maria C. Freire reported receiving an equity award of 2,005 Biogen common shares. These were granted as restricted stock units at no purchase price, reflecting director compensation rather than an open-market stock purchase or sale.
What is the vesting schedule for Maria C. Freire’s new Biogen (BIIB) restricted stock units?
The restricted stock units vest on the earlier of Biogen’s next annual meeting or June 9, 2026. This means the award becomes fully vested at whichever of these two dates occurs first, subject to the stated conditions.
Was Maria C. Freire’s Biogen (BIIB) transaction an open-market stock purchase?
No, the transaction was a grant of 2,005 restricted stock units with a zero purchase price. It is categorized as a “grant, award, or other acquisition,” indicating equity compensation rather than a market trade.
What type of security did Maria C. Freire receive from Biogen (BIIB)?
She received restricted stock units linked to Biogen common stock. The Form 4 describes the security as common stock, with footnotes clarifying that the award takes the form of restricted stock units that vest based on the stated timeline.