Kevin Joseph Fitzgerald - 11 Jan 2026 Form 4 Insider Report for ALNYLAM PHARMACEUTICALS, INC. (ALNY)

Signature
By: Brett Budzinski, Attorney-in-Fact For: Kevin Fitzgerald
Issuer symbol
ALNY
Transactions as of
11 Jan 2026
Net transactions value
-$1,395,992
Form type
4
Filing time
14 Jan 2026, 16:21:52 UTC
Previous filing
19 Nov 2025
Next filing
17 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fitzgerald Kevin Joseph CSO & EVP, Head of Research 675 WEST KENDALL STREET, HENRI A. TERMEER SQUARE, CAMBRIDGE By: Brett Budzinski, Attorney-in-Fact For: Kevin Fitzgerald 14 Jan 2026 0001886431

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALNY Common Stock Award $0 +3,800 +18% $0.000000 25,064 11 Jan 2026 Direct F1
transaction ALNY Common Stock Sale $13,804 -39 -0.16% $353.95 25,025 12 Jan 2026 Direct F2, F3
transaction ALNY Common Stock Sale $14,917 -42 -0.17% $355.16 24,983 12 Jan 2026 Direct F2, F4
transaction ALNY Common Stock Sale $14,600 -41 -0.16% $356.09 24,942 12 Jan 2026 Direct F2, F5
transaction ALNY Common Stock Sale $34,288 -96 -0.38% $357.17 24,846 12 Jan 2026 Direct F2, F6
transaction ALNY Common Stock Sale $44,056 -123 -0.5% $358.18 24,723 12 Jan 2026 Direct F2, F7
transaction ALNY Common Stock Sale $30,527 -85 -0.34% $359.14 24,638 12 Jan 2026 Direct F2, F8
transaction ALNY Common Stock Sale $55,834 -155 -0.63% $360.22 24,483 12 Jan 2026 Direct F2, F9
transaction ALNY Common Stock Sale $35,422 -98 -0.4% $361.45 24,385 12 Jan 2026 Direct F2, F10
transaction ALNY Common Stock Sale $26,454 -73 -0.3% $362.38 24,312 12 Jan 2026 Direct F2, F11
transaction ALNY Common Stock Sale $17,087 -47 -0.19% $363.55 24,265 12 Jan 2026 Direct F2, F12
transaction ALNY Common Stock Sale $72,601 -199 -0.82% $364.83 24,066 12 Jan 2026 Direct F2, F13
transaction ALNY Common Stock Sale $80,423 -220 -0.91% $365.56 23,846 12 Jan 2026 Direct F2, F14
transaction ALNY Common Stock Sale $18,320 -50 -0.21% $366.41 23,796 12 Jan 2026 Direct F2, F15
transaction ALNY Common Stock Sale $15,063 -41 -0.17% $367.40 23,755 12 Jan 2026 Direct F2, F16
transaction ALNY Common Stock Sale $33,913 -92 -0.39% $368.62 23,663 12 Jan 2026 Direct F2, F17
transaction ALNY Common Stock Sale $14,779 -40 -0.17% $369.48 23,623 12 Jan 2026 Direct F2, F18
transaction ALNY Common Stock Sale $7,047 -19 -0.08% $370.87 23,604 12 Jan 2026 Direct F2, F19
transaction ALNY Common Stock Sale $745 -2 -0.01% $372.46 23,602 12 Jan 2026 Direct F2, F20
transaction ALNY Common Stock Sale $5,242 -14 -0.06% $374.44 23,588 12 Jan 2026 Direct F2, F21
transaction ALNY Common Stock Sale $7,137 -19 -0.08% $375.65 23,569 12 Jan 2026 Direct F2
transaction ALNY Common Stock Sale $5,667 -15 -0.06% $377.82 23,554 12 Jan 2026 Direct F2
transaction ALNY Common Stock Sale $72,401 -197 -0.84% $367.52 23,357 13 Jan 2026 Direct F22, F23
transaction ALNY Common Stock Sale $207,243 -562 -2.4% $368.76 22,795 13 Jan 2026 Direct F22, F24
transaction ALNY Common Stock Sale $238,280 -644 -2.8% $370.00 22,151 13 Jan 2026 Direct F22, F25
transaction ALNY Common Stock Sale $180,051 -485 -2.2% $371.24 21,666 13 Jan 2026 Direct F22, F26
transaction ALNY Common Stock Sale $104,420 -280 -1.3% $372.93 21,386 13 Jan 2026 Direct F22, F27
transaction ALNY Common Stock Sale $45,668 -122 -0.57% $374.33 21,264 13 Jan 2026 Direct F22, F28
holding ALNY Common Stock 537 11 Jan 2026 by Managed Account F29
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 On March 1, 2024, the reporting person was granted a performance-based stock unit (PSU) under the 2018 Stock Incentive Plan. The shares subject to the PSU vest based on the achievement of three specified performance measures. The shares reported were issued to the reporting person upon vesting of forty (40) percent of the shares subject to the PSU based on the issuer publicly reporting $2.5 billion in annual net product revenue in accordance with GAAP, as determined by the People, Culture and Compensation Committee of the Issuer Board of Directors on January 11, 2026.
F2 Represents shares automatically sold by the Company on behalf of the reporting person pursuant to a mandatory sell-to-cover provision in the award agreement to cover minimum statutory tax withholding obligations.
F3 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $353.53 to $354.41. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F4 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $354.54 to $355.53. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F5 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $356.62 to $356.61. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F6 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $356.63 to $357.63. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F7 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $357.68 to $358.68. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F8 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $358.69 to $359.66. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F9 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $359.79 to $360.79. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F10 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $360.90 to $361.89. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F11 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $361.93 to $362.92. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F12 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $362.99 to $363.99. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F13 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $364.00 to $365.00. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F14 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $365.01 to $366.01. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F15 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $366.03 to $366.96. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F16 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $367.04 to $368.00. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F17 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $368.09 to $369.08. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F18 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $369.13 to $369.93. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F19 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $370.43 to $371.23. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F20 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $372.35 to $372.50. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F21 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $374.08 to $374.89. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F22 This transaction was made pursuant to a Rule 10b5-1 (c) trading plan adopted by the Reporting Person on August 14, 2025.
F23 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $367.18 to $367.96. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F24 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $368.25 to $369.23. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F25 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $369.36 to $370.35. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F26 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $370.52 to $371.47. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F27 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $372.70 to $373.11. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F28 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $374.28 to $374.66. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F29 Reflects shares of ALNY common stock acquired by the Reporting Person under the issuer 401(k) plan as a result of the issuer 401(k) matching contribution program.