Form 4: Alnylam Pharmaceuticals Director Amy Schulman Executes Stock Option and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Amy Schulman exercised stock options and sold shares of Alnylam Pharmaceuticals under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On June 25, 2024, Amy Schulman, a director of Alnylam Pharmaceuticals, exercised a stock option to acquire 8,500 shares of common stock at a price of $131.21 per share.
- Simultaneously, Schulman sold 8,500 shares of Alnylam common stock at a price of $240 per share.
- These transactions were executed under a pre-arranged Rule 10b5-1(c) trading plan adopted on February 28, 2024.
- Following these transactions, Schulman directly owns 8,436 shares of Alnylam common stock and 2,750 stock options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company directors and officers, which is important for maintaining investor confidence.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the director's sale of shares, but the pre-arranged trading plan mitigates concerns about opportunistic trading.
Key Dates
| Date | Description |
|---|---|
| 06/01/2016 | Stock option was fully vested and exercisable |
| 02/28/2024 | Rule 10b5-1(c) trading plan adopted by the reporting person |
| 06/25/2024 | Date of transaction: Stock option exercise and share sale |
| 06/27/2024 | Date of Form 4 filing |
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