BioMarin (BMRN) CTO Guyer sells 16,486 shares in open-market trade
Rhea-AI Filing Summary
BioMarin Pharmaceutical EVP and Chief Technical Officer Charles Greg Guyer sold common shares in an open-market transaction. On March 11, 2026, he sold 16,486 shares of BioMarin common stock at a weighted average price of $60.46 per share, with individual sale prices ranging from $60.39 to $60.62. After this sale, he directly held 79,953 shares of BioMarin common stock.
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Insights
Routine executive share sale with substantial remaining holdings.
Executive vice president and Chief Technical Officer Charles Greg Guyer executed an open-market sale of 16,486 shares of BioMarin common stock at a weighted average price of $60.46 on March 11, 2026. The transaction is a standard insider sale rather than an option exercise or tax-related event.
Following the sale, he directly holds 79,953 shares, indicating he retained a sizable equity position. The footnote clarifies that the reported price is a weighted average, with sale prices ranging between $60.39 and $60.62, suggesting multiple trades executed within a narrow range.
The filing does not reference a pre-arranged trading plan such as Rule 10b5-1 in the provided excerpt, so the timing context is not specified. Subsequent Form 4 filings, if any, will further clarify whether this sale is part of a broader pattern of insider trading activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,486 | $60.46 | $997K |
Footnotes (1)
- F1. The price in column 4 is the weighted average price. The purchase price actually received ranged from $60.39 to $60.62. The reporting person shall provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price
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