ALNYLAM PHARMACEUTICALS, INC.·4

May 22, 4:08 PM ET

BRANDICOURT OLIVIER 4

4 · ALNYLAM PHARMACEUTICALS, INC. · Filed May 22, 2026

Research Summary

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Alnylam (ALNY) Director Olivier Brandicourt Receives RSUs & Derivative Award

What Happened

  • Olivier Brandicourt, a director at Alnylam Pharmaceuticals (ALNY), was granted two awards on May 20, 2026: 671 shares represented by restricted stock units (RSUs) and a 1,441-share derivative award. Both awards show an acquisition price of $0.00 (i.e., they were granted, not purchased), with total reported cash value $0.
  • These are compensatory awards (not open-market purchases or sales) — typically routine director compensation rather than an immediate market bet.

Key Details

  • Transaction date: May 20, 2026; Form filed May 22, 2026 (appears timely).
  • Awards: 671 RSUs (footnote F1) and 1,441-share derivative award (footnote F2). Price per share reported $0.00.
  • Vesting/conditions: F1 — RSUs represent a contingent right to one share each; vest in full on the earlier of the first anniversary of the grant or earlier retirement/resignation if that occurs no more than 90 days before the first anniversary. F2 — the derivative (stock option-style) award will vest in full on the same schedule/conditions described above.
  • Shares owned after the transaction: not specified in the provided excerpt of the filing.
  • Transaction type codes: A = Award/Grant. Not a sale or open-market purchase.

Context

  • Awards and RSUs are common components of director compensation and do not represent an immediate cash outlay or sale of shares; they indicate future potential ownership contingent on vesting.
  • Because these were grants at $0, there was no immediate realized value — any value accrues only if/when the awards vest and are converted into shares.

Insider Transaction Report

Form 4
Period: 2026-05-20
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-20+6711,446 total
  • Award

    Stock Option (Right to Buy)

    [F2]
    2026-05-20+1,4411,441 total
    Exercise: $298.48From: 2027-05-20Exp: 2036-05-20Common Stock (1,441 underlying)
Footnotes (2)
  • [F1]These shares are represented by restricted stock units (RSUs) granted under the Second Amended and Restated 2018 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in full upon the earlier of the first anniversary of the grant date and the date of any earlier retirement or resignation of the Reporting Person, provided such date of retirement or resignation occurs no more than 90 days prior to the first anniversary of the grant date.
  • [F2]The stock option will vest in full upon the earlier of the first anniversary of the grant date and the date of any earlier retirement or resignation of the Reporting Person, provided such date of retirement or resignation occurs no more than 90 days prior to the first anniversary of the grant date.
Signature
Brett Budzinski, Attorney-in-Fact For: Olivier Brandicourt|2026-05-22

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT