Form 4: Biogen Executive Kramer Reports Stock Transactions
SEC Form 4 Filing
Robin Kramer, Chief Accounting Officer of Biogen, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 10, 2025, Robin Kramer, Chief Accounting Officer of Biogen, reported transactions involving Biogen's common stock.
- Kramer vested 834 restricted stock units (RSUs) which converted into common stock.
- Simultaneously, 245 shares were disposed of to cover tax obligations at a price of $142.54 per share.
- Following these transactions, Kramer directly owns 8,011.7483 shares of Biogen common stock.
- The restricted stock units vest in three equal yearly installments beginning on the first anniversary of the grant date of February 10, 2022.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock disposals.
Key Dates
| Date | Description |
|---|---|
| 02/10/2022 | Grant date of the restricted stock units, which vest in three equal yearly installments beginning on the first anniversary of this date. |
| 02/10/2025 | Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
Keywords
Biogen, BIIB, Form 4, Robin Kramer, Restricted Stock Units, RSU, Beneficial Ownership, Chief Accounting Officer, Stock Transaction
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