ALNYLAM PHARMACEUTICALS, INC.

ALNY

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0001735276-26-000052
Filing date: Mar 4, 2026
Earliest execution date: Mar 2, 2026
Reporting Owners: Garg Pushkal (EVP Chief R&D)

Summary

Type

Sell

Net shares

+1,277

% of shares

5.60%

Amount (USD)

$1,130,131

Insider confidence score

95.0 out of 100

Positive

  • Huge buy (≥5% of shares)
  • Very large buy amount ($1M+)

Stock transactions

Transaction 1

Security

Common Stock

Action

Grant

Date

2026-03-02

Code

A

Net shares

+4,769.0

Acquired/Disposed

Acquired

Shares Owned Before

22,129.0

Shares Owned After

26,898.0

Transaction 2

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-50.0

Price per Share

$323.62

Amount (USD)

$16,181.00

Acquired/Disposed

Disposed

Shares Owned Before

26,898.0

Shares Owned After

26,848.0

Transaction 3

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-97.0

Price per Share

$324.65

Amount (USD)

$31,491.05

Acquired/Disposed

Disposed

Shares Owned Before

26,848.0

Shares Owned After

26,751.0

Transaction 4

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-277.0

Price per Share

$325.63

Amount (USD)

$90,199.51

Acquired/Disposed

Disposed

Shares Owned Before

26,751.0

Shares Owned After

26,474.0

Transaction 5

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-421.0

Price per Share

$326.81

Amount (USD)

$137,587.01

Acquired/Disposed

Disposed

Shares Owned Before

26,474.0

Shares Owned After

26,053.0

Transaction 6

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-353.0

Price per Share

$327.67

Amount (USD)

$115,667.51

Acquired/Disposed

Disposed

Shares Owned Before

26,053.0

Shares Owned After

25,700.0

Transaction 7

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-107.0

Price per Share

$328.71

Amount (USD)

$35,171.97

Acquired/Disposed

Disposed

Shares Owned Before

25,700.0

Shares Owned After

25,593.0

Transaction 8

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-182.0

Price per Share

$329.71

Amount (USD)

$60,007.22

Acquired/Disposed

Disposed

Shares Owned Before

25,593.0

Shares Owned After

25,411.0

Transaction 9

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-87.0

Price per Share

$330.85

Amount (USD)

$28,783.95

Acquired/Disposed

Disposed

Shares Owned Before

25,411.0

Shares Owned After

25,324.0

Transaction 10

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-101.0

Price per Share

$331.93

Amount (USD)

$33,524.93

Acquired/Disposed

Disposed

Shares Owned Before

25,324.0

Shares Owned After

25,223.0

Transaction 11

Security

Common Stock

Action

Sell

Date

2026-03-02

Code

S

Net shares

-42.0

Price per Share

$332.64

Amount (USD)

$13,970.88

Acquired/Disposed

Disposed

Shares Owned Before

25,223.0

Shares Owned After

25,181.0

Transaction 12

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-355.0

Price per Share

$316.74

Amount (USD)

$112,442.70

Acquired/Disposed

Disposed

Shares Owned Before

25,181.0

Shares Owned After

24,826.0

Transaction 13

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-317.0

Price per Share

$319.06

Amount (USD)

$101,142.02

Acquired/Disposed

Disposed

Shares Owned Before

24,826.0

Shares Owned After

24,509.0

Transaction 14

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-640.0

Price per Share

$320.48

Amount (USD)

$205,107.20

Acquired/Disposed

Disposed

Shares Owned Before

24,509.0

Shares Owned After

23,869.0

Transaction 15

Security

Common Stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-463.0

Price per Share

$321.50

Amount (USD)

$148,854.50

Acquired/Disposed

Disposed

Shares Owned Before

23,869.0

Shares Owned After

23,406.0

Derivative Transactions

Transaction 1

Security

Stock Option (right to buy)

Action

Grant

Date

2026-03-02

Code

A

Net shares

+10,480.0

Acquired/Disposed

Acquired

Shares Owned Before

0.0

Shares Owned After

10,480.0

Filing's footnotes

1. 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 over a three-year period, with one third vesting on each of the first, second and third anniversaries of the grant date, subject to the Reporting Persons continuous service with the Issuer as of each such vesting date.

2. Represents shares automatically sold by the Company on behalf of the reporting person pursuant to a mandatory sell-to-cover provision in the award agreement to cover minimum statutory tax withholding obligations.

3. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $323.16 to $324.15. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

4. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $324.20 to $325.20. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

5. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $325.21 to $326.21. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

6. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $326.23 to $327.23. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

7. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $327.24 to $328.24. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

8. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $328.28 to $329.26. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

9. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $329.29 to $330.29. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

10. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $330.30 to $331.30. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

11. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $331.32 to $332.31. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

12. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $332.34 to $332.24. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

13. This transaction was made pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on November 20, 2025.

14. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $316.45 to $317.34. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

15. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $318.71 to $319.16. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

16. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $319.97 to $320.71. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

17. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $321.30 to $321.79. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

18. Reflects shares of ALNY common stock acquired by the Reporting Person under the issuer 401(k) plan as a result of the issuer 401(k) matching contribution program.

19. Represents shares held in trust, of which the Reporting Persons spouse is co-trustee. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

20. The stock option vests as to 25% of the shares on the first anniversary of the grant date and the remaining shares vest in equal installments at the end of each successive three-month period thereafter until the fourth anniversary of the grant date, subject to the Reporting Persons continuous service with the Issuer as of each such vesting date.

ℹ️ Filed under Rule 10b5-1 trading plan

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.