---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-057906"
form_type: "8-K"
ticker: "ALNY"
cik: "0001178670"
company_name: "ALNYLAM PHARMACEUTICALS, INC."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:34:59.115842+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alnylam announces departure of EVP, Chief Legal Officer Indrani Franchini

## Summary
- Separation effective March 1, 2024; severance of $597,000 (12 months' base salary) paid bi-weekly.
- Lump sum payment for 2023 annual incentive plan bonus, adjusted by corporate multiplier determined by Board.
- One-year consulting arrangement through March 2025; continued vesting of unvested equity awards during consulting period.
- $500/hour compensation for consulting beyond 10 hours per month; up to $15,000 legal fee reimbursement.
- Consulting period; outstanding stock options remain exercisable for 3 months after consulting period; non-compete restrictions waived.

## SEC filing metadata
- accession: 0001193125-24-057906
- form_type: 8-K
- ticker: ALNY
- cik: 0001178670
- company_name: ALNYLAM PHARMACEUTICALS, INC.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178670/000119312524057906/0001193125-24-057906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178670/000119312524057906/d746189d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-057906
- JSON: https://secwatch.observer/filing/0001193125-24-057906.json
- Plain text: https://secwatch.observer/filing/0001193125-24-057906.txt

## Key facts
- Executive change
  Indrani L. Franchini changed role as Executive Vice President, Chief Legal Officer and Secretary at ALNYLAM PHARMACEUTICALS, INC..
  - Action: transitioned
  - Role: Executive Vice President, Chief Legal Officer and Secretary
  source text: Indrani L. Franchini agreed that she would transition from her role as the Company’s Executive Vice President, Chief Legal Officer and Secretary, effective as of March 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178670/000119312524057906/0001193125-24-057906-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.