BioGen insider sale: 8 shares disposed after RSU vesting
Rhea-AI Filing Summary
Sean Godbout, identified as a Director and the issuer's Chief Accounting Officer, reported changes in his beneficial ownership of BioGen Inc. (BIIB) on 10/02/2025. He had restricted stock units (RSUs) vest that resulted in an acquisition of 502.6667 shares at no cash cost (code M), and on the same date he disposed of 8 shares by sale at $155.25 (code F), leaving him with 494.6667 shares reported as beneficially owned. The RSUs were granted on 10/02/2023 and vest in three equal annual installments beginning one year after the grant date; the filing was signed by an attorney-in-fact on 10/06/2025.
Positive
- RSU vesting converted to 502.6667 shares at no cash cost, reflecting compensation realization
- Disclosure filed and signed (via attorney-in-fact), showing timely reporting of insider activity
Negative
- Sale of 8 shares at $155.25 reduced holdings to 494.6667 shares
Insights
TL;DR: Officer reported RSU vesting and a small sale on 10/02/2025.
The reporting shows a non-cash vesting event of restricted stock units converting into 502.6667 shares (transaction code M), consistent with scheduled vesting rather than a market purchase. A contemporaneous sale of 8 shares at $155.25 (code F) reduced the post-transaction holdings to 494.6667 shares.
These entries align with routine compensation vesting and a minor disposition; compliance considerations include whether the sale complied with any pre-established trading plan. Monitor any future Form 4s for additional sales or large off-cycle dispositions within the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 26 | $0.00 | -- |
| Exercise | Common Stock | 26 | $0.00 | -- |
| Tax Withholding | Common Stock | 8 | $155.25 | $1K |
Footnotes (1)
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FAQ
What did the BIIB Form 4 filed by Sean Godbout report?
What is the nature of the securities that vested for BIIB insider Sean Godbout?
Who signed the Form 4 for Sean Godbout and when?