Beta Bionics CPO sells $58K in company stock
Beta Bionics’ chief product officer executed a Rule 10b5-1 planned sale of 2,650 shares while retaining 177,390 shares directly.
Rhea-AI Filing Summary
Beta Bionics, Inc. (BBNX) reported that Chief Product Officer Mike Mensinger sold 2,650 shares of common stock on September 16, 2026 at $22.00 per share in an open-market or private transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on September 8, 2025, and he continued to hold 177,390 shares of common stock directly after the transaction.
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Insider Trade Summary 10b5-1
Net Seller: 2,650 shares
Net Sell
1 txn
Insider
Mensinger Mike
Role
Chief Product Officer
Sold
2,650 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,650 | $22.00 | $58K |
Holdings After Transaction:
Common Stock — 177,390 shares (Direct)
Footnotes (1)
- F1. Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on September 8, 2025.
Key Figures
Shares sold: 2,650 shares
Sale price per share: $22.00 per share
Approximate transaction value: $58,300
+2 more
5 metrics
Shares sold
2,650 shares
Common stock sale reported for September 16, 2026
Sale price per share
$22.00 per share
Price for the 2,650 shares of common stock sold on September 16, 2026
Approximate transaction value
$58,300
2,650 shares sold at $22.00 per share
Shares held after transaction
177,390 shares
Direct holdings of common stock by Mike Mensinger after the reported sale
Rule 10b5-1 plan adoption date
September 8, 2025
Trading plan under which the September 16, 2026 sale was executed
Key Terms
Rule 10b5-1 Plan, open market or private transaction
2 terms
Rule 10b5-1 Plan regulatory
"Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on September 8, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open market or private transaction market
"Described as a sale in an open market or private transaction."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BBNX disclose for Chief Product Officer Mike Mensinger?
BBNX disclosed that Chief Product Officer Mike Mensinger sold 2,650 shares of common stock on September 16, 2026 at $22.00 per share in an open-market or private transaction.
Was the September 16, 2026 BBNX insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the 2,650-share sale on September 16, 2026 was made pursuant to a Rule 10b5-1 Plan adopted on September 8, 2025.
What role does the reporting person hold at Beta Bionics, Inc. (BBNX)?
The reporting person, Mike Mensinger, is identified in the filing as the Chief Product Officer of Beta Bionics, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.