Biogen (NASDAQ: BIIB) exec logs RSU conversions and stock moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Biogen Inc. Head of Corporate Development Adam Keeney reported multiple equity transactions dated February 6, 2026. He acquired 1,802 and 3,278 shares of common stock at $0 per share through the exercise of restricted stock units, then disposed of 589 and 994 shares at $201.18 per share.
Following these transactions, Keeney directly beneficially owned 5,881 shares of Biogen common stock and 6,557 restricted stock units. The restricted stock units referenced in the filing vest in three equal annual installments starting one year after their respective grant dates in 2024 and 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,080 shares exercised/converted
Mixed
6 txns
Insider
Keeney Adam
Role
Head of Corporate Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,802 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,278 | $0.00 | -- |
| Exercise | Common Stock | 1,802 | $0.00 | -- |
| Tax Withholding | Common Stock | 589 | $201.18 | $118K |
| Exercise | Common Stock | 3,278 | $0.00 | -- |
| Tax Withholding | Common Stock | 994 | $201.18 | $200K |
Holdings After Transaction:
Restricted Stock Unit — 1,802 shares (Direct);
Common Stock — 4,186 shares (Direct)
Footnotes (1)
- The restricted stock units vest in three (3) equal annual installments, commencing one year after the grant date of 02/07/2024. The restricted stock units vest in three equal yearly installments beginning on the first anniversary of the grant date of February 6, 2025.
FAQ
What insider transactions did Biogen (BIIB) report for Adam Keeney?
Biogen reported that Adam Keeney acquired common shares via restricted stock unit exercises and disposed of some shares on February 6, 2026. After these moves, he directly held 5,881 Biogen common shares and 6,557 restricted stock units.
What do the restricted stock units in Biogen (BIIB) Form 4 represent?
The restricted stock units give Adam Keeney the right to receive Biogen common shares as they vest. One grant vests in three equal annual installments starting February 7, 2025, and another in three yearly installments beginning on February 6, 2026.
What role does Adam Keeney hold at Biogen (BIIB) in this Form 4?
In this Form 4, Adam Keeney is identified as an officer of Biogen, serving as Head of Corporate Development. The reported equity transactions relate to his position and associated stock-based compensation awards at the company.