Beta Bionics (BBNX) CMO awarded 91,520 stock options at $12.63 strike
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Beta Bionics, Inc. reported that its Chief Medical Officer, Russell Steven Jon, received a grant of stock options. The award covers 91,520 options to purchase common stock at an exercise price of $12.63 per share, expiring on February 26, 2036.
The options were granted at no cost and represent a compensation-related award rather than an open-market purchase. According to the vesting terms, the options will vest in 36 equal monthly installments starting on March 1, 2026, meaning the officer earns the right to exercise them gradually over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Russell Steven Jon
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 91,520 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 91,520 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Beta Bionics (BBNX) report for Russell Steven Jon?
Beta Bionics reported a stock option grant to Chief Medical Officer Russell Steven Jon. He received 91,520 employee stock options, giving him the right to buy common shares at a fixed exercise price as part of his compensation package, rather than an open-market share purchase.
How many stock options did the Beta Bionics (BBNX) CMO receive and at what price?
The Chief Medical Officer received 91,520 employee stock options with an exercise price of $12.63 per share. These options allow future purchase of Beta Bionics common stock at that price if they vest and are exercised before expiration.
When do the newly granted Beta Bionics (BBNX) options to the CMO vest?
The options vest in 36 equal monthly installments starting March 1, 2026. This means one thirty-sixth of the 91,520 options becomes exercisable each month over three years, aligning the officer’s equity compensation with longer-term company performance.
When do the Beta Bionics (BBNX) stock options granted to the CMO expire?
The employee stock options granted to the Chief Medical Officer expire on February 26, 2036. If he does not exercise vested options by that date, they lapse, so the 10-year term defines the maximum period for converting them into common shares.
Was the Beta Bionics (BBNX) CMO’s Form 4/A transaction an open-market buy or a compensation grant?
The transaction was a compensation-related grant, not an open-market purchase. The Form 4/A shows code “A” for grant or award, with 91,520 options issued at no cost, reflecting equity-based pay rather than the insider buying shares on the market.