Robert E. Landry - 27 Mar 2023 Form 4 Insider Report for REGENERON PHARMACEUTICALS, INC. (REGN)

Reporting relationship: EVP Finance CFO
Issuer ticker: REGN
Reported as of: 27 Mar 2023
Net transaction value: -$1,841,829
SEC form: 4
Accepted by SEC: 29 Mar 2023, 16:07:07 UTC
Prior SEC filing: 07 Feb 2023
Next SEC filing: 25 Aug 2023
Source filing: View source filing
Reporting owner signature: /s/**Robert E. Landry

Key filing fact

Robert E. Landry filed Form 4 for REGENERON PHARMACEUTICALS, INC. (REGN) on 29 Mar 2023.

Key facts

This page summarizes Robert E. Landry's Form 4 filing for REGENERON PHARMACEUTICALS, INC. (REGN).
22 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 29 Mar 2023, 16:07.

Change

Previous filing in this sequence was filed on 07 Feb 2023.
Current net transaction value: -$1,841,829.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

REGN transaction

Common Stock

Options Exercise

Transaction value: $305,536
Shares: +800
Change %: +2.5%
Price: $381.92
Shares after: 32,905
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Tax liability

Transaction value: $486,025
Shares: -589
Change %: -1.8%
Price: $825.17
Shares after: 32,316
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Options Exercise

Transaction value: $1,136,940
Shares: +3,000
Change %: +9.3%
Price: $378.98
Shares after: 35,316
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Tax liability

Transaction value: $1,818,675
Shares: -2,204
Change %: -6.2%
Price: $825.17
Shares after: 33,112
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Sale

Transaction value: $31,959
Shares: -39
Change %: -0.12%
Price: $819.47
Shares after: 33,073
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1, F2

REGN transaction

Common Stock

Sale

Transaction value: $41,023
Shares: -50
Change %: -0.15%
Price: $820.46
Shares after: 33,023
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1, F3

REGN transaction

Common Stock

Sale

Transaction value: $39,427
Shares: -48
Change %: -0.15%
Price: $821.39
Shares after: 32,975
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1, F4

REGN transaction

Common Stock

Sale

Transaction value: $14,806
Shares: -18
Change %: -0.05%
Price: $822.57
Shares after: 32,957
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1, F5

REGN transaction

Common Stock

Sale

Transaction value: $3,297
Shares: -4
Change %: -0.01%
Price: $824.30
Shares after: 32,953
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Sale

Transaction value: $10,733
Shares: -13
Change %: -0.04%
Price: $825.59
Shares after: 32,940
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Sale

Transaction value: $3,317
Shares: -4
Change %: -0.01%
Price: $829.16
Shares after: 32,936
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Sale

Transaction value: $5,810
Shares: -7
Change %: -0.02%
Price: $830.01
Shares after: 32,929
Date: 27 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Sale

Transaction value: $8,188
Shares: -10
Change %: -0.03%
Price: $818.81
Shares after: 32,919
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1

REGN transaction

Common Stock

Sale

Transaction value: $94,398
Shares: -115
Change %: -0.35%
Price: $820.85
Shares after: 32,804
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1, F6

REGN transaction

Common Stock

Sale

Transaction value: $116,639
Shares: -142
Change %: -0.43%
Price: $821.40
Shares after: 32,662
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1, F7

REGN transaction

Common Stock

Sale

Transaction value: $105,302
Shares: -128
Change %: -0.39%
Price: $822.67
Shares after: 32,534
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1, F8

REGN transaction

Common Stock

Sale

Transaction value: $149,072
Shares: -181
Change %: -0.56%
Price: $823.60
Shares after: 32,353
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1, F9

REGN transaction

Common Stock

Sale

Transaction value: $129,453
Shares: -157
Change %: -0.49%
Price: $824.54
Shares after: 32,196
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1, F10

REGN transaction

Common Stock

Sale

Transaction value: $200,565
Shares: -243
Change %: -0.75%
Price: $825.37
Shares after: 31,953
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1, F11

REGN transaction

Common Stock

Sale

Transaction value: $25,617
Shares: -31
Change %: -0.1%
Price: $826.36
Shares after: 31,922
Date: 28 Mar 2023
Ownership: Direct
Footnotes: F1

REGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 250
Date: 27 Mar 2023
Ownership: By 401(k) Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

REGN transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,000
Change %: -13%
Price: $0.000000
Shares after: 20,337
Date: 27 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000
Exercise price: $378.98
Footnotes: F1, F12

REGN transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -800
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 800
Exercise price: $381.92
Footnotes: F1, F12

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 12 footnotes

Footnote F1

Disposition/acquisition made pursuant to a plan intended to comply with Rule 10b5-1(c) adopted on February 24, 2023.

Footnote F2

Represents volume-weighted average price of sales of 39 shares of Company stock on March 27, 2023 at prices ranging from $819.34 to $819.99. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 27, 2023 at each separate price.

Footnote F3

Represents volume-weighted average price of sales of 50 shares of Company stock on March 27, 2023 at prices ranging from $820.00 to $820.95. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 27, 2023 at each separate price.

Footnote F4

Represents volume-weighted average price of sales of 48 shares of Company stock on March 27, 2023 at prices ranging from $821.02 to $821.77. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 27, 2023 at each separate price.

Footnote F5

Represents volume-weighted average price of sales of 18 shares of Company stock on March 27, 2023 at prices ranging from $822.46 to $822.71. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 27, 2023 at each separate price.

Footnote F6

Represents volume-weighted average price of sales of 115 shares of Company stock on March 28, 2023 at prices ranging from $820.67 to $820.91. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 28, 2023 at each separate price.

Footnote F7

Represents volume-weighted average price of sales of 142 shares of Company stock on March 28, 2023 at prices ranging from $821.04 to $821.73. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 28, 2023 at each separate price.

Footnote F8

Represents volume-weighted average price of sales of 128 shares of Company stock on March 28, 2023 at prices ranging from $822.21 to $822.87. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 28, 2023 at each separate price.

Footnote F9

Represents volume-weighted average price of sales of 181 shares of Company stock on March 28, 2023 at prices ranging from $823.02 to $823.99. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 28, 2023 at each separate price.

Footnote F10

Represents volume-weighted average price of sales of 157 shares of Company stock on March 28, 2023 at prices ranging from $824.00 to $824.74. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 28, 2023 at each separate price.

Footnote F11

Represents volume-weighted average price of sales of 243 shares of Company stock on March 28, 2023 at prices ranging from $825.02 to $825.82. Upon request by the Commission staff, the Company, or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold by the reporting person on March 28, 2023 at each separate price.

Footnote F12

The stock option award vests in four equal annual installments, commencing one year after the date of grant.