Beta Bionics Form 4: Hopman Disposes 848 Shares to Cover Taxes
Rhea-AI Filing Summary
Mark Hopman, identified as the Chief Commercial Officer of Beta Bionics, Inc. (BBNX), reported a transaction on 09/02/2025. The filing shows 848 shares of Common Stock were sold to cover tax withholding obligations related to restricted stock unit vesting. The weighted average sale price was $18.8632, with individual sale prices ranging from $18.58 to $19.09. After the reported transaction, Hopman beneficially owned 33,284 shares directly. The Form 4 was signed by an attorney-in-fact on 09/03/2025.
Positive
- Clear disclosure that the sale was to cover tax withholding associated with RSU vesting
- Detailed pricing provided: weighted average $18.8632 and range $18.58–$19.09
- Post-transaction ownership disclosed: 33,284 shares held directly
Negative
- None.
Insights
TL;DR: Routine tax-withholding sale by an officer; limited market impact.
The transaction is a small, administrative sale—848 shares—executed to satisfy tax withholding for RSU vesting. The weighted average price of $18.8632 and the disclosed price range indicate the trades occurred within a narrow band, suggesting no large, market-moving disposition. Post-transaction ownership of 33,284 shares retains officer alignment with shareholders but does not signal a change in control or material shift in holdings.
TL;DR: Disclosure is standard and complies with Section 16 reporting conventions.
The Form 4 clearly states the sale was to cover tax withholding tied to RSU vesting, which is a common practice. The filing includes the weighted average sale price and price range and is signed by an authorized attorney-in-fact, reflecting appropriate procedural compliance. There is no indication of an agreement or Rule 10b5-1 plan in the disclosed fields.