Beta Bionics (NASDAQ: BBNX) CEO sells 16,872 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beta Bionics, Inc. President & CEO Sean Saint reported an open-market sale of 16,872 shares of common stock at a weighted average price of $12.6071 per share. According to the disclosure, the shares were sold to cover tax withholding obligations tied to vesting restricted stock units, and he now holds 420,937 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,872 shares ($212,707)
Net Sell
1 txn
Insider
Saint Sean
Role
President & CEO
Sold
16,872 shs ($213K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,872 | $12.6071 | $213K |
Holdings After Transaction:
Common Stock — 420,937 shares (Direct, null)
Footnotes (1)
- The shares were sold to cover tax withholding obligations associated with the vesting of restricted stock units. The weighted average sale price for the transaction reported was $12.6071 and the range of prices were between $12.30 and $12.93. 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: 16,872 shares
Weighted average sale price: $12.6071 per share
Post-transaction holdings: 420,937 shares
+1 more
4 metrics
Shares sold
16,872 shares
Open-market sale on 2026-06-02
Weighted average sale price
$12.6071 per share
Common Stock sale
Post-transaction holdings
420,937 shares
Shares held directly after sale
Price range of sales
$12.30 to $12.93
Individual trade prices within transaction
Key Terms
restricted stock units, weighted average sale price, open-market sale, tax withholding obligations
4 terms
restricted stock units financial
"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 $12.6071"
open-market sale financial
"transaction_action":"open-market sale""
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.
tax withholding obligations financial
"sold to cover tax withholding obligations associated with the vesting"
FAQ
What insider transaction did Beta Bionics (BBNX) report for Sean Saint?
Beta Bionics reported that President & CEO Sean Saint sold 16,872 shares of common stock. The filing states this sale was conducted in the open market and linked to tax withholding obligations on vesting restricted stock units.