Biogen (NASDAQ: BIIB) grants 8,025 restricted stock units to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keeney Adam reported acquisition or exercise transactions in this Form 4 filing.
Biogen Inc. executive Adam Keeney, Head of Corporate Development, reported an award of 8,025 restricted stock units. These RSUs were granted at no purchase price and represent the right to receive Biogen common shares upon vesting. The units vest in three equal yearly installments beginning on the first anniversary of the February 13, 2026 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keeney Adam
Role
Head of Corporate Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 8,025 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 8,025 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Biogen (BIIB) report for Adam Keeney?
Biogen reported that Adam Keeney received a grant of 8,025 restricted stock units. These RSUs were awarded at no purchase price and will convert into Biogen common shares only as they vest over three equal annual installments starting one year after February 13, 2026.
Who is Adam Keeney in relation to Biogen (BIIB) and this Form 4?
Adam Keeney is Biogen’s Head of Corporate Development and the reporting person on this Form 4. The filing shows he was granted 8,025 restricted stock units, which vest in three equal yearly tranches beginning on the first anniversary of the February 13, 2026 grant date.
How many restricted stock units did Adam Keeney receive from Biogen (BIIB)?
Adam Keeney received 8,025 restricted stock units from Biogen. According to the filing, all 8,025 units were acquired in a single award and will vest in three equal annual installments, giving him rights to Biogen common shares as each installment vests over time.
What are the vesting terms of Adam Keeney’s Biogen (BIIB) restricted stock units?
The 8,025 restricted stock units vest in three equal yearly installments. Vesting begins on the first anniversary of the February 13, 2026 grant date, meaning one-third of the RSUs will vest each year over three years, subject to the grant’s standard conditions.