BIIBBiogen
Biogen is a global biopharmaceutical company focused on discovering, developing and delivering innovative therapies for people living with serious and complex diseases. 10-K, Item 1
Deals between BIIB and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-04-28 reports that the one filed 2025-04-28 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-28.
Nothing new: every deal in this year's section was reported last year too.
The whole section 12 paragraphs, proxy filed 2026-04-28
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“Our Code of Business Conduct, Corporate Governance Principles, Related Person Transaction Policy and Conflicts of Interest Policy set forth our written policies and procedures for the review and approval of transactions with related persons, including transactions that would be required to be disclosed in this Proxy Statement in accordance with SEC rules.”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“In circumstances where one of our directors or executive officers, or a family member, has a direct or indirect material interest in a transaction involving Biogen, our CGC must review and approve all such proposed transactions or courses of dealing. In determining whether to approve or ratify a transaction with a related person, among the factors our CGC may consider (as applicable) are:”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“the size of the transaction and the nature of the related person’s interest in the transaction;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“whether the transaction terms are as favorable to us as they would be to an unaffiliated third party;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“whether the transaction terms are more favorable to the related person than they would be to an unaffiliated third party;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“the availability of alternative sources for comparable products, services or other benefits;”
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CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“whether the transaction would impair the independence or judgment of the related person in the performance of his or her duties to us;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“for non-employee directors, whether the transaction would be consistent with Nasdaq’s requirements for independent directors;”
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CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“whether the transaction is consistent with our Conflicts of Interest Policy, which prohibits related persons and others from having a financial interest in any competitor, customer, vendor or supplier of ours;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“the potential for the transaction to be viewed as representing or leading to an actual or apparent conflict of interest; and any other factors that our CGC deems appropriate.”
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CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“Our Code of Business Conduct, which sets forth legal and ethical guidelines for all of our directors and employees, states that directors, executive officers and employees must avoid relationships or activities that might impair their ability to make objective and fair decisions while acting in their company roles.”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS“There are no relationships or transactions with related persons that are required to be disclosed in this Proxy Statement under SEC rules.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
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Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
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