WHEELER CRAIG A 4
4 · AMICUS THERAPEUTICS, INC. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Amicus (FOLD) Director Craig Wheeler Sells Shares in Merger
What Happened
- Craig A. Wheeler, a director of Amicus Therapeutics (FOLD), disposed of company securities on 2026-04-27 in connection with the acquisition of Amicus by BioMarin. He disposed of 84,631 reported shares (64,217 common shares + 20,414 RSUs that vested at closing) at $14.50 per share, producing $1,227,150 in cash.
- In addition, a series of stock options totaling 313,630 underlying shares were cancelled and converted into cash payments as part of the merger (each payment equal to the excess of $14.50 over the option exercise price times the number of shares). All options were fully vested and vested in full at closing.
Key Details
- Transaction date: 2026-04-27 (transaction tied to merger closing). Price for common stock: $14.50/share; cash received for common/RSU portion: $1,227,150.
- Derivative dispositions (options converted to cash): 30,000; 16,236; 19,473; 18,574; 36,111; 45,423; 30,474; 42,467; 74,872 — total = 313,630 option-equivalent shares. Reported dollar amounts for those conversions are listed as N/A in the filing because each was converted to a cash payment computed per the merger formula.
- Shares disposed included 64,217 common shares and 20,414 RSUs that vested at closing.
- Shares owned after the transaction: not specified in the provided data (check the full Form 4 for post-transaction holdings).
- Notable footnotes: (F1) common shares + vested RSUs disposed at closing; (F2) each option cancelled and converted to cash equal to (14.50 − exercise price) × shares; (F3/F4) options were fully vested and vested in full at closing.
- Filing timeliness: no late-filing flag provided in the supplied summary.
Context
- These were merger-related dispositions and option cancellations — not open-market sales. In acquisitions it is common for outstanding RSUs and options to vest and/or be cashed out per the merger agreement; the option conversions here represent cash payouts based on the transaction price less option exercise prices.
- Such merger-driven transactions reflect deal mechanics rather than routine insider sentiment; they should be interpreted differently than voluntary open-market purchases or sales.
Insider Transaction Report
Form 4Exit
WHEELER CRAIG A
Director
Transactions
- Disposition to Issuer
Common Stock
[F1]2026-04-27$14.50/sh−84,631$1,227,150→ 0 total - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−30,000→ 0 totalExercise: $6.71Exp: 2026-06-09→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−16,236→ 0 totalExercise: $8.60Exp: 2027-06-13→ Common Stock (16,236 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−19,473→ 0 totalExercise: $12.00Exp: 2029-06-27→ Common Stock (19,473 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−18,574→ 0 totalExercise: $12.81Exp: 2030-06-04→ Common Stock (18,574 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−36,111→ 0 totalExercise: $10.71Exp: 2031-06-10→ Common Stock (36,111 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−45,423→ 0 totalExercise: $8.55Exp: 2032-06-09→ Common Stock (45,423 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−30,474→ 0 totalExercise: $12.62Exp: 2033-06-08→ Common Stock (30,474 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F3]2026-04-27−42,467→ 0 totalExercise: $10.27Exp: 2034-06-06→ Common Stock (42,467 underlying) - Disposition to Issuer
Stock Options (right to buy)
[F2][F4]2026-04-27−74,872→ 0 totalExercise: $5.96Exp: 2035-06-05→ Common Stock (74,872 underlying)
Footnotes (4)
- [F1]The reported securities were disposed of in connection with consummation of the acquisition of the Issuer by BioMarin Pharmaceutical Inc. (the "Merger"), which included 64,217 shares of Common Stock and 20,414 restricted stock units (which vested in full in connection with consummation of the Merger).
- [F2]In connection with consummation of the Merger, each reported stock option ("Option") was cancelled and converted into the right to receive a cash payment equal to (a) the excess of (i) $14.50 per share over (ii) the exercise price payable per share, multiplied by (b) the total number of shares subject to such Option.
- [F3]Each Option was fully vested.
- [F4]Each Option vested in full in connection with consummation of the Merger.
Signature
/s/ Christian Formica, Attorney-in-Fact|2026-04-27