BioMarin director gets 6,140-share stock grant
BIOMARIN PHARMACEUTICAL INC (BMRN) reported that director Robert M. Plenge received a grant of 6,140 shares of common stock in the form of restricted stock units on September 10, 2026, as equity compensation.
Rhea-AI Filing Summary
BIOMARIN PHARMACEUTICAL INC (BMRN) reported that director Robert M. Plenge received a grant of 6,140 shares of common stock in the form of restricted stock units on September 10, 2026, as equity compensation. The grant carries no cash exercise price, and his directly held position after the award is 6,140 shares.
No Rule 10b5-1 trading plan is reported in connection with this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,140 shares
Grant/Award
1 txn
Insider
Plenge Robert M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 6,140 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 6,140 shares (Direct)
Footnotes (1)
- F1. Restricted stock units granted on September 10, 2026. Price not applicable.
Key Figures
Restricted stock units granted: 6,140 units
Shares directly held after transaction: 6,140 shares
Form 4 non-derivative transactions: 1 transaction
3 metrics
Restricted stock units granted
6,140 units
Equity grant to director Robert M. Plenge on September 10, 2026
Shares directly held after transaction
6,140 shares
Director Robert M. Plenge’s direct holdings after the September 10, 2026 grant
Form 4 non-derivative transactions
1 transaction
Single reported equity award on September 10, 2026
Key Terms
Restricted stock units, Rule 10b5-1 trading plan
2 terms
Restricted stock units financial
"Restricted stock units granted on September 10, 2026. Price not applicable."
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.
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported in connection with this grant."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BMRN disclose for Robert M. Plenge?
BioMarin disclosed that director Robert M. Plenge received a grant of 6,140 restricted stock units representing common stock on September 10, 2026, as equity compensation, with no cash price per share applicable to the award.
Was the BioMarin (BMRN) grant to Robert M. Plenge made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan applies to the reported grant of 6,140 restricted stock units to director Robert M. Plenge on September 10, 2026.
What type of security was granted to Robert M. Plenge by BioMarin (BMRN)?
Robert M. Plenge received restricted stock units that represent BioMarin common stock. The Form 4 describes them as restricted stock units granted on September 10, 2026, with price per share noted as not applicable.
AI-generated analysis. How Rhea-AI works. Not financial advice.