Insider and congress filings

Biogen Inc. (BIIB)

NASDAQ · Healthcare · 294 insider filings · 125 congress trades · last filed 8 days agoS&P 500

4
Open-market insider filings shown
2d
Median delay on the insider filings
within the two business day rule
1/3
Purchases and sales in the filings shown

About Biogen Inc.

from the company's filings and listing
Exchange
NASDAQ
Sector
Healthcare
Industry
Drug Manufacturers - General
Chief executive
Christopher A. Viehbacher
Employees
7,500
Listed since
Sep 17, 1991
Market value
$31.1B
Price to earnings
37.1
Earnings per share
$5.65
Dividend yield
-

www.biogen.com

Earnings

6 reported quarters · next on Oct 29, 2026
QuarterEPSEPS expectedRevenueRevenue expectedResult
Q2 FY2026reported Jul 29, 2026$3.60$2.94$2.7B$2.5BEPS beatRevenue beat
Q1 FY2026reported Apr 29, 2026$3.57$3.05$2.5B$2.3BEPS beatRevenue beat
Q4 FY2025reported Feb 6, 2026$1.99$1.63$2.3B$2.2BEPS beatRevenue beat
Q3 FY2025reported Oct 30, 2025$4.81$3.88$2.5B$2.3BEPS beatRevenue beat
Q2 FY2025reported Jul 31, 2025$5.47$3.90$2.6B$2.3BEPS beatRevenue beat
Q1 FY2025reported May 1, 2025$3.02$2.90$2.4B$2.2BEPS beatRevenue beat

Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way; basis unverified means we could not classify the reported figure. A flag reads n/a only when a number is missing. An estimate is a forecast made by analysts, not a company target.

Executive pay

as filed for 2025 · proxy filed Apr 28, 2026
ExecutiveSalaryStock awardsOtherTotal
Christopher A. ViehbacherPresident and Chief Executive Officer$1.7M$18.4M$3.5M$23.6M
Susan H. AlexanderExecutive Vice President, Chief Legal Officer$1.0M$5.8M$1.3M$8.1M
Nicole C.Murphy Head of Pharmaceutical Operations and Technolog$909K$5.6M$1.1M$7.6M
Priya A.Singhal Head of Development$930K$5.6M$1.1M$7.6M
Robin C. KramerExecutive Vice President and Chief Financial Officer$760K$4.2M$873K$5.8M

The summary compensation table from the 2025 proxy statement, current executives only. 1 executive who has since left the company is named in that filing and not shown here. Read the filing

Institutional holders

13F positions as of Jun 30, 2026
HolderValueSharesChangeOf company
FMR LLC$3.9B18,217,239+42.2%12.33%
Blackrock, Inc.$3.5B15,985,736+0.1%10.82%
Primecap Management Co$3.3B15,154,606+2.7%10.26%
Vanguard Capital Management LLC$2.1B9,651,117+1.2%6.53%
State Street Corp$1.6B7,344,327+2.5%4.97%
Vanguard Portfolio Management LLC$1.4B6,604,936+1.1%4.47%
Geode Capital Management, LLC$957.9M4,449,295+2.5%3.01%
Wellington Management Group LLP$673.6M3,117,469+5.3%2.11%
Norges Bank$557.4M2,580,033+100.0%1.75%
Morgan Stanley$521.0M2,411,271+11.1%1.63%
AQR Capital Management LLC$416.9M1,936,859+0.7%1.31%
Jpmorgan Chase & Co$394.9M1,823,140-9.6%1.23%

A 13F reports long US equity positions 45 days after the quarter ends, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory.

Know the moment the next BIIB filing lands.

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Open-market insider trades

4 filings of 294 on record
InsiderActionSharesPriceValueTrade dateDelay
Lloyd MinorDirectorSold593$203.34$121KAug 3, 20262d
Lloyd MinorDirectorSold593$200.96$119KAug 4, 20261d
Nicole MurphyHead of Pharm Ops and TechBought3$195.03$585Feb 12, 20265d
Priya SinghalHead of DevelopmentSold2,660$199.83$532KFeb 9, 20261d

One row is one filing. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count.

Congress trades in BIIB

20 disclosures of 125 on record · median 27d of the 45 allowed
MemberTypeActionAmount disclosedSince the tradeTrade dateDisclosedDelay
Kevin HernStockSale$1,001 - $15,000-0.9%S&P -0.6% · vs S&P 500 -0.2%Aug 18, 2026Sep 1, 202614d
Alan ArmstrongSelfFiled lateStockPurchase$1,001 - $15,000+14.6%S&P +20.2% · vs S&P 500 -5.6%Mar 27, 2026Jul 21, 2026116d
Maria Elvira SalazarStockSale$15,001 - $50,000+11.6%S&P +0.4% · vs S&P 500 +11.2%Jun 2, 2026Jul 7, 202635d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+7.9%S&P +3.4% · vs S&P 500 +4.5%Jun 5, 2026Jul 2, 202627d
Ro KhannaStockSale$1,001 - $15,000+7.0%S&P +1.6% · vs S&P 500 +5.4%May 27, 2026Jun 9, 202613d
Ro KhannaStockPurchase$1,001 - $15,000+9.2%S&P +3.2% · vs S&P 500 +6.1%May 15, 2026Jun 9, 202625d
Maria Elvira SalazarStockPurchase$1,001 - $15,000+6.5%S&P +3.1% · vs S&P 500 +3.3%May 11, 2026Jun 8, 202628d
Maria Elvira SalazarStockPurchase$50,001 - $100,000+6.5%S&P +3.1% · vs S&P 500 +3.3%May 11, 2026Jun 8, 202628d
Maria Elvira SalazarStockPurchase$1,001 - $15,000+5.7%S&P +3.3% · vs S&P 500 +2.4%May 12, 2026Jun 8, 202627d
Ro KhannaStockSale$1,001 - $15,000+19.5%S&P +11.1% · vs S&P 500 +8.4%Apr 13, 2026May 11, 202628d
Ro KhannaStockSale$1,001 - $15,000+4.8%S&P +10.3% · vs S&P 500 -5.6%Feb 6, 2026Mar 9, 202631d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+17.1%S&P +10.2% · vs S&P 500 +7.0%Jan 30, 2026Feb 13, 202614d
Ro KhannaStockPurchase$1,001 - $15,000+19.6%S&P +9.8% · vs S&P 500 +9.8%Jan 29, 2026Feb 6, 20268d
Ro KhannaStockPurchase$1,001 - $15,000+54.1%S&P +18.2% · vs S&P 500 +36.0%Aug 26, 2025Sep 9, 202514d
Ro KhannaStockSale$1,001 - $15,000+62.8%S&P +28.2% · vs S&P 500 +34.6%May 19, 2025Jun 10, 202522d
Robert BresnahanStockPurchase$1,001 - $15,000+70.4%S&P +29.1% · vs S&P 500 +41.2%May 15, 2025Jun 9, 202525d
Ro KhannaStockPurchase$1,001 - $15,000+78.3%S&P +42.4% · vs S&P 500 +35.9%Apr 23, 2025May 12, 202519d
Robert BresnahanStockSale$1,001 - $15,000+84.8%S&P +53.5% · vs S&P 500 +31.3%Apr 8, 2025May 8, 202530d
Robert BresnahanStockPurchase$1,001 - $15,000+46.9%S&P +28.3% · vs S&P 500 +18.6%Feb 25, 2025Mar 27, 202530d
Ro KhannaStockPurchase$1,001 - $15,000+46.9%S&P +28.3% · vs S&P 500 +18.6%Feb 25, 2025Mar 6, 20259d

Since the trade: the stock's move from the trade date to the latest close we hold, as of Sep 10, 2026, an estimate, with the S&P 500 over the same window and the difference against it. The figures describe the stock after the trade, not the member's result: the filing carries a band, not a fill, and a sale keeps the same sign, so a positive figure after a sale means the stock kept rising. An option row carries the underlying stock's move. A row marked n/a has no market price. Not investment advice.

Members of Congress reporting a position

5 members · estimate, as of Sep 10, 2026

5 members report a position (estimated). The largest estimated position is in the $50,001 - $100,000 band.

MemberParty, chamberEstimated positionShare of their portfolio
J. French HillRepublican · House$50,001 - $100,0000.5%
Maria Elvira SalazarRepublican · House$50,001 - $100,0002.6%
Gilbert Ray Cisneros, Jr.Democrat · House$15,001 - $50,0000.1%
Robert BresnahanRepublican · House$1,001 - $15,0000.1%
Kevin HernRepublican · House$1,001 - $15,000<0.1%

Estimate, as of Sep 10, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.

Awards, option exercises and gifts (20)
InsiderEventSharesDate
Michael PariniChief Legal OfficerStock award7,405Sep 1, 2026
Eric K. RowinskyDirectorStock award1,505Jun 9, 2026
Maria C. FreireDirectorStock award2,005Jun 9, 2026
Lloyd MinorDirectorStock award1,505Jun 9, 2026
Menelas N. PangalosDirectorOption exercise2,370Jun 9, 2026
Menelas N. PangalosDirectorStock award1,505Jun 9, 2026
Monish D. PatolawalaDirectorStock award1,505Jun 9, 2026
Susan LangerDirectorStock award1,505Jun 9, 2026
Jesus B. MantasDirectorStock award1,505Jun 9, 2026
Stephen A. SherwinDirectorStock award1,505Jun 9, 2026
William A. HawkinsDirectorStock award1,505Jun 9, 2026
Adam KeeneyHead of Corporate DevelopmentTax withholding455May 1, 2026
Adam KeeneyHead of Corporate DevelopmentOption exercise939May 1, 2026
Sean GodboutChief Accounting OfficerTax withholding54Apr 1, 2026
Sean GodboutChief Accounting OfficerOption exercise181Apr 1, 2026
Sean GodboutChief Accounting OfficerStock award1,800Feb 13, 2026
Susan H. AlexanderEVP Chief Legal OfficerStock award8,450Feb 13, 2026
Christopher ViehbacherPresident and CEOStock award38,015Feb 13, 2026
Priya SinghalHead of DevelopmentStock award10,560Feb 13, 2026
Nicole MurphyHead of Pharm Ops and TechStock award10,560Feb 13, 2026

Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.

Questions

Are insiders buying or selling BIIB?

Across the 4 most recent open-market filings shown here, 1 was a purchase and 3 were sales.

Which members of Congress have traded BIIB?

Kevin Hern, Alan Armstrong, Maria Elvira Salazar, Gilbert Ray Cisneros, Jr., Ro Khanna, Robert Bresnahan disclosed BIIB transactions in the filings shown here.

Which members of Congress hold BIIB?

5 members of Congress report a position in BIIB in the estimate we hold as of Sep 10, 2026. The three largest estimated positions belong to J. French Hill, Maria Elvira Salazar and Gilbert Ray Cisneros, Jr.. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.

Is BIIB in the S&P 500 or the Nasdaq 100?

Biogen Inc. is a current member of the S&P 500, per the membership list we hold as of Sep 10, 2026. Current members of either index get a page here whatever their filing history.

How quickly are BIIB trades disclosed?

Insider filings on this page reached the public a median of 2 days after the transaction, against the two business days Form 4 allows. Congressional disclosures took a median of 27 days, against the 45 the STOCK Act allows.

How to read a Form 4

A DECISION THE INSIDER MADE

POpen-market purchase. Bought with their own money at the market price.
SOpen-market sale. Sold on the market. A sale marked scheduled was set up in advance under a Rule 10b5-1 plan, often months before.

COMPENSATION PLUMBING

AStock award. Granted as pay, not bought.
MOption exercise. Converting options already held into shares.
FTax withholding. Shares handed back to the company to pay the tax on a grant.
GGift. Given away, with no money changing hands.

Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.

Data as of Sep 10, 2026.

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