Form 4: Biogen Executive Priya Singhal Reports Stock Transactions
SEC Form 4 Filing
Priya Singhal, Head of Development at Biogen, reports the acquisition and disposal of Biogen common stock and restricted stock units.
Summary
- Priya Singhal, Head of Development at Biogen, filed a Form 4 detailing changes in beneficial ownership of Biogen securities.
- On August 30, 2024, Singhal acquired 1,668 shares of common stock through the vesting of restricted stock units.
- Also on August 30, 2024, 807 shares were disposed of to cover tax obligations at a price of $204.76.
- On September 3, 2024, Singhal sold 431 shares of common stock at a price of $204.22.
- Following these transactions, Singhal directly owns 5,316.4761 shares of Biogen common stock and 1,669 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares involved.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 09/01/2022 | Date the restricted stock unit award was granted to the reporting person. |
| 08/30/2024 | Acquisition of 1,668 shares of common stock through vesting of restricted stock units. |
| 08/30/2024 | Disposal of 807 shares of common stock to cover tax obligations at $204.76. |
| 09/03/2024 | Sale of 431 shares of common stock at $204.22. |
| 09/01/2025 | Expiration date of the restricted stock units. |
| 09/04/2024 | Date of the Form 4 filing. |
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