A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 8 filings in this group are Form 4s for Regeneron Pharmaceuticals, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 8 insider filings shown, the breakdown is 6 open-market sale and 2 option exercise. 6 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-09-03
REGN insider McCourt Marion (EVP Commercial) sold 2,346 shares (~$2.00M)
McCourt Marion, listed as EVP Commercial at REGENERON PHARMACEUTICALS, INC., reported an open-market sale of 2,346 REGN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,215 |
$850.00 |
$1.03M |
S |
Open-market sale
|
1,131 |
$857.39 |
$969.7K |
Filing: Form 4 (Insider Transaction)
Insider: McCourt Marion (EVP Commercial)
Shares: 2,346
Est. Value: $2.00M
Form 4
Open-market sale
Insider Selling
2026-09-03
REGN insider Guarini Kathryn (Director) sold 400 shares (~$340.0K)
Guarini Kathryn, listed as Director at REGENERON PHARMACEUTICALS, INC., reported an open-market sale of 400 REGN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
400 |
$719.37 |
$287.7K |
S |
Open-market sale
|
400 |
$850.00 |
$340.0K |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
400 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Guarini Kathryn (Director)
Shares: 400
Est. Value: $340.0K
Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
REGN insider Form 4 filed for equity award, exercise, or tax withholding
LAROSA JOSEPH J (EVP General Counsel and Secret) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,282 |
$381.92 |
$4.69M |
F |
Tax withholding on vested shares
|
9,019 |
$830.15 |
$7.49M |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
12,282 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: LAROSA JOSEPH J (EVP General Counsel and Secret)
Shares: 21,301
Form 4
Option exercise
Tax / Compensation Filing
2026-08-20
REGN insider Form 4 filed for equity award, exercise, or tax withholding
Fenimore Christopher R. (EVP Finance CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
6,283 |
$381.92 |
$2.40M |
F |
Tax withholding on vested shares
|
4,599 |
$813.47 |
$3.74M |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
6,283 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Fenimore Christopher R. (EVP Finance CFO)
Shares: 10,882
Form 4
Open-market sale
Insider Selling
2026-08-12
REGN insider Guarini Kathryn (Director) sold 400 shares (~$320.0K)
Guarini Kathryn, listed as Director at REGENERON PHARMACEUTICALS, INC., reported an open-market sale of 400 REGN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
400 |
$719.37 |
$287.7K |
S |
Open-market sale
|
400 |
$800.00 |
$320.0K |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
400 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Guarini Kathryn (Director)
Shares: 400
Est. Value: $320.0K
Form 4
Open-market sale
Insider Selling
2026-08-12
REGN insider Zoghbi Huda Y (Director) sold 800 shares (~$640.0K)
Zoghbi Huda Y, listed as Director at REGENERON PHARMACEUTICALS, INC., reported an open-market sale of 800 REGN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
800 |
$376.69 |
$301.4K |
S |
Open-market sale
|
800 |
$800.00 |
$640.0K |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
800 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Zoghbi Huda Y (Director)
Shares: 800
Est. Value: $640.0K
Form 4
Open-market sale
Insider Selling
2026-07-07
REGN insider RYAN ARTHUR F (Director) sold 200 shares (~$130.0K)
RYAN ARTHUR F, listed as Director at REGENERON PHARMACEUTICALS, INC., reported an open-market sale of 200 REGN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
200 |
$650.15 |
$130.0K |
Filing: Form 4 (Insider Transaction)
Insider: RYAN ARTHUR F (Director)
Shares: 200
Est. Value: $130.0K
Form 4
Open-market sale
Insider Selling
2026-05-04
REGN insider RYAN ARTHUR F (Director) sold 100 shares (~$70.5K)
RYAN ARTHUR F, listed as Director at REGENERON PHARMACEUTICALS, INC., reported an open-market sale of 100 REGN shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
5 |
$701.76 |
$3.5K |
S |
Open-market sale
|
15 |
$702.46 |
$10.5K |
S |
Open-market sale
|
24 |
$703.46 |
$16.9K |
S |
Open-market sale
|
15 |
$704.28 |
$10.6K |
S |
Open-market sale
|
14 |
$705.56 |
$9.9K |
S |
Open-market sale
|
7 |
$706.74 |
$4.9K |
S |
Open-market sale
|
4 |
$707.40 |
$2.8K |
S |
Open-market sale
|
6 |
$709.45 |
$4.3K |
S |
Open-market sale
|
2 |
$710.87 |
$1.4K |
S |
Open-market sale
|
5 |
$711.49 |
$3.6K |
S |
Open-market sale
|
1 |
$712.09 |
$712.09 |
S |
Open-market sale
|
2 |
$714.13 |
$1.4K |
Filing: Form 4 (Insider Transaction)
Insider: RYAN ARTHUR F (Director)
Shares: 100
Est. Value: $70.5K