BioMarin (BMRN) CEO reports tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioMarin Pharmaceutical Chief Executive Officer Alexander Hardy reported a routine share disposition related to taxes. On March 17, 2026, 4,252 shares of common stock were withheld at $56.05 per share to cover tax obligations. After this transaction, he directly held 214,635 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hardy Alexander
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,252 | $56.05 | $238K |
Holdings After Transaction:
Common Stock — 214,635 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did BioMarin (BMRN) report for CEO Alexander Hardy?
BioMarin reported that CEO Alexander Hardy had 4,252 shares of common stock withheld on March 17, 2026 for tax obligations. The shares were valued at $56.05 each and reflect a tax-withholding disposition, not an open-market trade.
Was the BioMarin (BMRN) CEO’s Form 4 transaction a stock sale?
The transaction was not an open-market sale. It was coded “F,” meaning 4,252 shares were disposed of to satisfy taxes. This type of tax-withholding disposition typically accompanies equity compensation events rather than discretionary buying or selling in the market.
What does transaction code “F” mean in the BioMarin (BMRN) CEO’s Form 4?
Code “F” indicates payment of exercise price or tax liability by delivering securities. In this case, 4,252 shares were disposed of at $56.05 per share to cover tax obligations, rather than representing a voluntary market purchase or sale by the CEO.