Biogen (NASDAQ: BIIB) awards 1,505 RSUs to company director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patolawala Monish D reported acquisition or exercise transactions in this Form 4 filing.
BIOGEN INC. director Monish D. Patolawala received an equity grant of 1,505 shares of Common Stock as a compensation award at no cost. Following this award, he directly holds 5,215 shares. The restricted stock units vest on the earlier of the next annual meeting or the anniversary of the June 9, 2026 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patolawala Monish D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,505 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,215 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 1,505 shares
Holdings after grant: 5,215 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Equity grant
1,505 shares
Common Stock grant on June 9, 2026
Holdings after grant
5,215 shares
Total direct Common Stock holdings following transaction
Grant price per share
$0.0000 per share
Compensation award, not a market purchase
Vesting reference date
June 9, 2026
RSUs vest at next annual meeting or this 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 did Biogen (BIIB) director Monish D. Patolawala report in this Form 4?
He reported receiving an equity grant of 1,505 shares of Biogen Common Stock as a compensation award. This non-cash grant increased his direct holdings to 5,215 shares after the transaction was recorded.
Was the Biogen (BIIB) insider transaction a market purchase or sale?
The transaction was not a market trade. It was coded as an acquisition due to a grant or award, meaning shares were granted as compensation rather than bought or sold on the open market.
What are the vesting terms of the Biogen (BIIB) restricted stock units granted?
The restricted stock units vest on the earlier of the next annual meeting or the anniversary of the June 9, 2026 grant date. Vesting conditions mean the director must remain in service until one of those dates.