BioMarin (BMRN) legal chief receives options, RSUs and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioMarin Pharmaceutical executive George Eric Davis reported new equity awards and related tax withholding. He received a stock option for 34,690 shares of common stock at an exercise price of $57.43 per share, vesting in part on March 16, 2027 and monthly thereafter until 2036.
He also received 14,570 restricted stock units on March 16, 2026, while 7,177 shares of common stock were withheld to cover tax obligations at $58.51 per share. After these transactions, Davis directly holds 79,833 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Davis George Eric
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy Common Stock) | 34,690 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,177 | $58.51 | $420K |
| Grant/Award | Common Stock | 14,570 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy Common Stock) — 34,690 shares (Direct);
Common Stock — 65,263 shares (Direct)
Footnotes (1)
- Restricted stock units granted March 16, 2026. Price not applicable. The Reporting Person's direct holdings have been adjusted by thirteen shares to correct a previous clerical error. Option grant vests 12/48th on March 16, 2027 and 1/48th on the 16th day of each month thereafter.
FAQ
What equity awards did BioMarin (BMRN) EVP George Eric Davis receive?
George Eric Davis received a stock option for 34,690 shares at an exercise price of $57.43 and 14,570 restricted stock units. These awards increase his direct economic exposure to BioMarin’s common stock as part of his executive compensation.
How do the new stock options for BioMarin (BMRN) EVP vest?
The stock option grant vests 12/48ths on March 16, 2027, then 1/48th on the 16th day of each following month. This creates a multi-year vesting schedule that ties continued service to ongoing equity ownership incentives.
What is the expiration date of the new BioMarin (BMRN) stock options granted to the EVP?
The newly granted stock option for 34,690 shares expires on March 15, 2036. This long-dated expiration gives the executive a substantial window to exercise the option once vesting conditions are satisfied over time.