BioMarin EVP trades stock, receives RSU awards
BioMarin Pharmaceutical EVP and Chief Legal Officer George Eric Davis reported both stock sales and equity awards.
Rhea-AI Filing Summary
BioMarin Pharmaceutical EVP and Chief Legal Officer George Eric Davis reported both stock sales and equity awards. On February 26, 2026, he completed an open-market sale of 26,061 shares of common stock at $61.36 per share, leaving 72,453 shares held directly afterward.
On February 25, 2026, he acquired three blocks of common stock through grants or awards totaling 15,224 earned restricted stock units (RSUs), all at a stated price of $0.00 per share. These RSUs were earned under performance-based awards tied to relative total shareholder return, development goals, and core operating margin for 2023–2025, and will vest on March 15, 2026 subject to continued service and certain earlier-vesting events.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 26,061 | $61.36 | $1.60M |
| Grant/Award | Common Stock | 6,177 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,675 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,372 | $0.00 | $0.00 |
Footnotes (5)
- F1. Transaction Date is the date that the Issuer's Board of Directors' Compensation Committee certified that the reporting person earned the Restricted Stock Units (RSUs), which are convertible into shares of the Issuer's Common Stock on a 1:1 basis.
- F2. Represents the total number of RSUs earned pursuant to a formula based on relative total shareholder return during 2023 through 2025 set forth in the performance-based RSU awards previously granted under the Issuer's 2017 Equity Incentive Plan.
- F3. Although earned, the RSUs only vest according to the following schedule: vests on March 15, 2026, subject to the reporting person's continued service through that date, subject to earlier vesting upon certain events.
- F4. Represents the total number of RSUs earned pursuant to a formula based on the number and nature of development goals achieved during 2023 through 2025 set forth in the performance-based RSU awards previously granted under the Issuer's 2017 Equity Incentive Plan.
- F5. Represents the total number of RSUs earned pursuant to a formula based on core operating margin over three, one-year periods spanning 2023 through 2025 set forth in the performance-based RSU awards previously granted under the Issuer's 2017 Equity Incentive Plan.
FAQ
What insider transactions did BioMarin (BMRN) report for George Eric Davis?
What RSU awards did George Eric Davis earn from BioMarin (BMRN)?
What performance periods and metrics apply to the BioMarin (BMRN) RSUs?
When do George Eric Davis’s BioMarin (BMRN) RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.