BioMarin (BMRN) CAO receives 25,610 RSUs and 18,220 stock options
Rhea-AI Filing Summary
BioMarin Pharmaceutical’s VP and Chief Accounting Officer, Rashmi Virendra Ramchandani, reported new equity awards. On January 20, 2026, she received 18,540 shares of common stock and a separate grant of 7,070 shares, both at a stated price of $0, which the footnotes describe as restricted stock units granted on that date. After these awards, she directly beneficially owned 25,610 common shares.
She was also granted a stock option covering 18,220 shares of common stock at an exercise price of $56.31 per share. The option becomes exercisable as to 12/48 of the grant on January 20, 2027, with the remaining 1/48 vesting on the 20th day of each month thereafter, and it expires on January 19, 2036. These transactions reflect equity compensation rather than open‑market buying or selling.
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FAQ
What equity awards did BioMarin (BMRN) grant to its VP, Chief Accounting Officer?
On January 20, 2026, BioMarin granted VP and Chief Accounting Officer Rashmi Virendra Ramchandani restricted stock units covering 18,540 shares and a separate grant of 7,070 shares of common stock, both recorded at a price of $0 as equity compensation.
How many BioMarin (BMRN) common shares does the reporting person own after these grants?
Following the reported equity grants on January 20, 2026, the reporting person directly beneficially owned 25,610 shares of BioMarin common stock.
What stock option was granted to the BioMarin (BMRN) executive and at what exercise price?
The executive received a stock option for 18,220 shares of BioMarin common stock with an exercise price of $56.31 per share, as reported in the derivative securities table.
What is the vesting schedule for the newly granted BioMarin (BMRN) stock option?
According to the footnote, the option grant vests 12/48th on January 20, 2027, and 1/48th on the 20th day of each month thereafter, until fully vested, with an expiration date of January 19, 2036.
Were these BioMarin (BMRN) Form 4 transactions open-market purchases or sales?
No. The Form 4 shows acquisitions coded "A" at a price of $0, and the footnotes describe them as restricted stock units and a stock option grant, indicating they are equity compensation awards, not market trades.
What role does the reporting person hold at BioMarin (BMRN)?
The reporting person, Rashmi Virendra Ramchandani, is an officer of BioMarin, serving as VP, Chief Accounting Officer, as indicated in the filing.