REGN · Two Regeneron insiders (a director and an EVP) sold a total of ~$2.67M…

Two Regeneron insiders (a director and an EVP) sold a total of ~$2.67M in open-market sales on October 30, 2026, both under 10b5-1 plans. The sales occurred on the same day the company reported strong Q3 2026 earnings (revenue +36% YoY, EPS +35% YoY), but the dollar amount is trivial relative to the $84.3B market cap (0.003%), making the cluster routine and non-informative.

• Director Michael S. Brown sold 1,929 shares at $875.00 for $1.69M under a 10b5-1 plan
• EVP Commercial Marion McCourt sold 1,132 shares at $869.43 for $984K under a 10b5-1 plan
• Total open-market sales of $2.67M represent 0.003% of Regeneron's $84.3B market cap
• Both sales occurred on the same day as Q3 2026 earnings release showing revenue +36% YoY to $5.116B and EPS +35% YoY to $18.45