BBNX CFO exercises options, sells shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Beta Bionics (BBNX) reported an insider transaction by its Chief Financial Officer on 10/01/2025. The CFO exercised employee stock options for 15,018 shares at an exercise price of $5.10 per share, then sold 14,918 shares at a weighted average price of $20.76 and an additional 100 shares at $21.08, pursuant to a Rule 10b5-1 trading plan adopted on May 15, 2025.
Following these transactions, the officer beneficially owned 44,041 shares directly. The option exercise related to an award covering 15,018 underlying shares that vests in 48 equal monthly installments measured from September 14, 2023 and carries an expiration date of September 13, 2033. After the reported activity, 74,677 derivative securities (employee stock options) were beneficially owned.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: option exercise and planned sales under 10b5-1.
The CFO of Beta Bionics executed an option exercise for 15,018 shares at an exercise price of $5.10 on 10/01/2025, immediately followed by open-market sales of 14,918 shares at a weighted average of $20.76 and 100 shares at $21.08. The filing states these sales were made under a Rule 10b5-1 plan adopted on May 15, 2025.
Post-transaction, direct share ownership stood at 44,041, and derivative holdings were 74,677 employee stock options. The option grant vests monthly over 48 installments from September 14, 2023 and expires on September 13, 2033.
This is a standard liquidity and compensation event. Actual market impact depends on overall trading volumes and holder activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 15,018 | $0.00 | -- |
| Exercise | Common Stock | 15,018 | $5.10 | $77K |
| Sale | Common Stock | 14,918 | $20.76 | $310K |
| Sale | Common Stock | 100 | $21.08 | $2K |
Footnotes (1)
- Represents shares sold pursuant to a Rule 10b5-1 Plan adopted on May 15, 2025. The weighted average sale price for the transaction reported was $20.76 and the range of prices were between $20.03 and $21.03. 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. The shares subject to this option shall vest in 48 equal monthly installments measured from September 14, 2023.