Beta Bionics (BBNX) director gets stock grant, sells 1,998 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beta Bionics, Inc. director Adam Lezack reported a mix of stock awards and small planned sales. On May 21, 2026, he received a grant of 16,965 shares of Common Stock at no cost, described as a restricted stock unit award under the company’s 2025 Equity Incentive Plan.
That same day he executed an open-market sale of 1,000 shares at $9.95 per share, followed by a sale of 998 shares at $11.21 per share on May 22, 2026. The filing shows he held 27,399 shares directly after the most recent sale. Both sales were made pursuant to a pre-arranged Rule 10b5-1 trading plan, indicating they were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,998 shares ($21,138)
Net Sell
3 txns
Insider
Lezack Adam
Role
null
Sold
1,998 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Comon Stock | 998 | $11.21 | $11K |
| Sale | Common Stock | 1,000 | $9.95 | $10K |
| Grant/Award | Common Stock | 16,965 | $0.00 | -- |
Holdings After Transaction:
Comon Stock — 27,399 shares (Direct, null);
Common Stock — 11,432 shares (Direct, null)
Footnotes (1)
- Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on July 31, 2025. Represents restricted stock unit award granted under the Issuer's 2025 Equity Incentive Plan.
Key Figures
RSU grant: 16,965 shares
First open-market sale: 1,000 shares at $9.95/share
Second open-market sale: 998 shares at $11.21/share
+2 more
5 metrics
RSU grant
16,965 shares
Restricted stock unit award on May 21, 2026
First open-market sale
1,000 shares at $9.95/share
Common Stock sale on May 21, 2026
Second open-market sale
998 shares at $11.21/share
Common Stock sale on May 22, 2026
Net shares sold
1,998 shares
Total sale volume across two transactions
Shares held after latest sale
27,399 shares
Direct ownership following May 22, 2026 sale
Key Terms
Rule 10b5-1 Plan, restricted stock unit, Equity Incentive Plan, open-market sale
4 terms
Rule 10b5-1 Plan regulatory
"Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on July 31, 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.
restricted stock unit financial
"Represents restricted stock unit award granted under the Issuer's 2025 Equity Incentive Plan."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Equity Incentive Plan financial
"restricted stock unit award granted under the Issuer's 2025 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
open-market sale financial
"transaction_action: "open-market sale" for Common Stock transactions on May 21 and May 22, 2026."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Beta Bionics (BBNX) director Adam Lezack report?
Adam Lezack reported one stock award and two small stock sales. He received 16,965 shares as a grant, then sold 1,000 shares at $9.95 and 998 shares at $11.21 in open-market transactions under a pre-arranged Rule 10b5-1 plan.
Was the Beta Bionics (BBNX) director stock sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the shares sold were pursuant to a Rule 10b5-1 Plan adopted on July 31, 2025. Such plans pre-schedule trades, making the timing more routine and reducing the informational value of the specific sale dates.
What type of equity award did Adam Lezack receive from Beta Bionics (BBNX)?
He received a restricted stock unit award for 16,965 shares of common stock. The footnote explains this grant was made under Beta Bionics’ 2025 Equity Incentive Plan and is recorded as an acquisition at a price of $0.00 per share in the Form 4.
Were Adam Lezack’s Beta Bionics (BBNX) transactions open-market buys or sales?
The Form 4 records two open-market sales and no open-market purchases. He sold 1,000 shares at $9.95 and 998 shares at $11.21, while separately receiving 16,965 shares as a stock award, which is compensation rather than an open-market purchase.