Form 4: Regeneron EVP Joseph LaRosa Reports Stock Transactions
SEC Form 4 Filing
Joseph LaRosa, EVP, General Counsel, and Secretary of Regeneron Pharmaceuticals, reports the disposition of 702 shares of common stock to cover tax obligations.
Summary
- On December 16, 2024, Joseph LaRosa, EVP, General Counsel, and Secretary of Regeneron Pharmaceuticals, disposed of 702 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $730.81 per share.
- Following the transaction, LaRosa directly owns 30,075 shares of Regeneron common stock.
- LaRosa also indirectly owns 9,000 shares through a 2024 GRAT and 371 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment, as it's a factual report of an insider's trading activity.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when corporate insiders engage in transactions involving their company's stock. It provides transparency to the market regarding the actions of key executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it's a relatively small sale by an executive.
- The sale is related to tax obligations, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 12/16/2024 | Date of stock transaction |
| 12/18/2024 | Date of signature |
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