Beta Bionics CEO sells $113K in stock
Rhea-AI Filing Summary
Beta Bionics, Inc. (BBNX) reported that President & CEO Sean Saint sold 5,641 shares of common stock on September 3, 2026 at a weighted average price of $20.0778 per share, in an open-market transaction executed pursuant to a Rule 10b5-1 Plan adopted on September 5, 2025.
After this planned sale, he continued to hold 398,429 shares of Beta Bionics common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,641 shares
Net Sell
1 txn
Insider
Saint Sean
Role
President & CEO
Sold
5,641 shs ($113K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,641 | $20.0778 | $113K |
Holdings After Transaction:
Common Stock — 398,429 shares (Direct)
Footnotes (2)
- F1. Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on September 5, 2025.
- F2. The weighted average sale price for the transaction reported was $20.0778 and the range of prices were between $20.00 and $20.1696. 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: 5,641 shares
Weighted average sale price: $20.0778 per share
Approximate transaction value: $113,258.87
+2 more
5 metrics
Shares sold
5,641 shares
Common stock sold by President & CEO on September 3, 2026
Weighted average sale price
$20.0778 per share
Open-market sale of 5,641 BBNX shares
Approximate transaction value
$113,258.87
5,641 shares sold at a weighted average price of $20.0778
Shares held after transaction
398,429 shares
Direct ownership by President & CEO following the sale
Rule 10b5-1 plan adoption date
September 5, 2025
Plan under which the September 3, 2026 sale was executed
Key Terms
Rule 10b5-1 Plan, weighted average sale price, open market
3 terms
Rule 10b5-1 Plan regulatory
"Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on September 5, 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.
weighted average sale price financial
"The weighted average sale price for the transaction reported was $20.0778"
open market market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did BBNX report in this Form 4?
BBNX reported that President & CEO Sean Saint sold 5,641 shares of common stock on September 3, 2026 in an open-market transaction at a weighted average price of $20.0778 per share, under a pre-arranged Rule 10b5-1 trading plan.
Was the BBNX CEO’s stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 Plan that was adopted on September 5, 2025, indicating the trades were pre-arranged rather than initiated at the time of sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.