Beta Bionics officer plans sale of 4,221 shares
An officer of Beta Bionics filed a Rule 144 notice to sell 4,221 shares mainly to cover taxes from recent RSU vesting.
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Rhea-AI Filing Summary
Beta Bionics, Inc. (BBNX) is the issuer for which officer Steven Jon Russell has filed a notice of proposed sale of company stock under Rule 144. The notice covers 4,221 shares of Common Stock to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.
The shares relate to Restricted Stock Units vesting under a registered plan as compensation for services to the issuer, and the filer describes the transaction as a sell-to-cover sale to pay taxes on recently vested awards. The filing also lists a prior sale in the past three months of 4,222 shares of Common Stock.
Key Figures
Key Terms
Rule 144 regulatory
Restricted Stock Units financial
sell-to-cover transaction financial
compensation for services rendered financial
FAQ
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What is the purpose of the Beta Bionics (BBNX) sell-to-cover transaction?
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