Beta Bionics (BBNX) CFO sells 4,413 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Beta Bionics, Inc. Chief Financial Officer Stephen Feider exercised employee stock options for 4,413 shares of common stock at an exercise price of $5.10 per share and sold 4,413 shares at a weighted average price of $17.014 on August 22, 2025, pursuant to a Rule 10b5-1 Plan adopted on May 15, 2025.
After these transactions, he directly holds 45,503 shares of common stock and employee stock options covering 99,695 shares, with the option grant vesting in 48 equal monthly installments measured from September 14, 2023.
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Insights
TL;DR: Routine option exercise followed by structured sale under a 10b5-1 plan; ownership modestly reduced, proceeds realized near market.
The reporting CFO exercised an in-the-money option (exercise $5.10) and sold the resulting 4,413 shares under a pre-established Rule 10b5-1 plan at a weighted average of $17.014, realizing gross consideration roughly equal to $75,000 (before fees/taxes). This is a common liquidity event for insiders and is executed under an affirmative defense plan, reducing reported beneficial ownership by ~8.8% of prior holdings (49,916 to 45,503). No additional compensatory or irregular transactions are disclosed.
TL;DR: Transaction appears compliant with governance best practices due to 10b5-1 plan use and clear disclosure.
Use of a documented Rule 10b5-1 plan (adopted May 15, 2025) provides an affirmative defense against insider trading allegations, and the Form 4 discloses price range and weighted average sale price as required. The immediate sale of exercised shares is consistent with common executive liquidity management. The filing clearly states vesting schedule and option expiry, supporting transparency for shareholders and regulators.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 4,413 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,413 | $5.10 | $23K |
| Sale | Common Stock | 4,413 | $17.014 | $75K |
Footnotes (3)
- F1. Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on May 15, 2025.
- F2. The weighted average sale price for the transaction reported was $17.0140 and the range of prices were between $17.00 and $17.12. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
- F3. The shares subject to this option shall vest in 48 equal monthly installments measured from September 14, 2023.
Key Figures
Key Terms
Rule 10b5-1 Plan regulatory
weighted average sale price financial
Employee Stock Option financial
vest in 48 equal monthly installments financial
FAQ
What insider transactions did BBNX CFO Stephen Feider report on August 22, 2025?
What prices were involved in the BBNX CFO’s August 22, 2025 stock transactions?
How do the BBNX CFO’s stock options vest according to the Form 4 footnotes?
What does the weighted average sale price mean in the BBNX CFO’s Form 4?
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