BBNX insider filing: 4,982 shares sale via Merrill Lynch on 10/03/2025
Rhea-AI Filing Summary
Beta Bionics, Inc. Form 144 shows a proposed sale of 4,982 common shares through Merrill Lynch on 10/03/2025 with an aggregate market value of $108,076.24. The filing identifies prior insider sales by Stephen Feider in the past three months, including a 15,018-share trade on 10/01/2025 that generated $311,836.91 and other sales dated 09/08/2025, 09/05/2025, 08/22/2025, and 08/19/2025. The securities to be sold were acquired via stock options on 10/03/2025 and the filing indicates payment was made in cash on 10/01/2025. The seller represents there is no undisclosed material adverse information. The filing supplies transaction details but does not include the issuer's SEC file number, issuer address, or the filer CIK.
Positive
- Proposed sale is clearly identified: 4,982 shares for $108,076.24 on 10/03/2025
- Broker is specified as Merrill Lynch, providing an execution venue
- Acquisition method is disclosed as stock options, and payment method shown as cash
Negative
- Multiple recent insider sales by Stephen Feider, including 15,018 shares on 10/01/2025
- Filing content omits issuer identifiers (CIK and SEC file number) and issuer address in the provided extract
- Limited context—the filing contains no explanation for the sales or any issuer operational information
Insights
Insider plans to sell 4,982 shares; recent large disposals occurred.
The Form 144 discloses a proposed sale of 4,982 common shares for $108,076.24 on 10/03/2025 through Merrill Lynch. The filing also lists multiple recent sales by Stephen Feider, including a 15,018-share sale on 10/01/2025 raising $311,836.91. These are explicit, non-speculative facts from the notice.
This pattern shows ongoing sales by the same person within a short window; that is relevant to investors tracking insider liquidity but is descriptive only and contains no explanation for motives.
Filing includes required representations and identifies acquisition method as stock options.
The form states the securities were acquired by stock options on 10/03/2025 and payment was in cash on 10/01/2025, and it includes the standard signature representation about nondisclosure of material adverse information. The broker is named as Merrill Lynch.
The notice omits several issuer administrative fields (CIK, SEC file number, issuer address) in the provided content, which limits completeness for compliance tracking.