Beta Bionics CPO sells 4,375 shares for taxes
Beta Bionics’ Chief Product Officer sold shares primarily to cover taxes from RSU vesting while retaining a substantial direct holding.
Rhea-AI Filing Summary
Beta Bionics, Inc. (BBNX) reported that Chief Product Officer Mike Mensinger sold 4,375 shares of common stock on September 2, 2026, in an open-market or private transaction. According to the company’s disclosure, these shares were sold to cover tax withholding obligations related to vesting restricted stock units, and Mensinger held 180,040 shares directly after the sale.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 4,375 shares
Net Sell
1 txn
Insider
Mensinger Mike
Role
Chief Product Officer
Sold
4,375 shs ($84K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 4,375 | $19.1131 | $84K |
Holdings After Transaction:
Common Stock — 180,040 shares (Direct)
Footnotes (2)
- F1. The shares were sold to cover tax withholding obligations associated with the vesting of restricted stock units.
- F2. The weighted average sale price for the transaction reported was $19.1131 and the range of prices were between $18.89 and $19.545. 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.
Key Figures
Shares sold: 4,375 shares
Weighted average sale price: $19.1131 per share
Sale price range: $18.89 to $19.545 per share
+1 more
4 metrics
Shares sold
4,375 shares
Common stock sold on September 2, 2026 to cover tax withholding
Weighted average sale price
$19.1131 per share
Average price for the reported sale transaction
Sale price range
$18.89 to $19.545 per share
Range of prices for shares sold in the transaction
Shares held after transaction
180,040 shares
Direct common stock holdings of Mike Mensinger after the sale
Key Terms
restricted stock units, weighted average sale price, tax withholding obligations
3 terms
restricted stock units financial
"tax withholding obligations associated with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The weighted average sale price for the transaction reported was $19.1131"
tax withholding obligations financial
"sold to cover tax withholding obligations associated with the vesting"
FAQ
What insider transaction did Beta Bionics (BBNX) report for Mike Mensinger?
Beta Bionics reported that Chief Product Officer Mike Mensinger sold 4,375 shares of common stock on September 2, 2026, in an open-market or private transaction, and held 180,040 shares directly after the sale.
Was this BBNX insider sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not state that the sale was made under a Rule 10b5-1 plan. The filing instead links the sale to tax withholding obligations from RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.