BridgeBio Oncology (BBOT) CMO uses 1,047 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Oncology Therapeutics, Inc. Chief Medical & Development Officer Ben Yong had 1,047 shares of common stock withheld on July 1, 2026 to cover tax obligations tied to vesting restricted stock units. This was an automatic tax-withholding disposition at $7.80 per share, not an open-market trade. After this transaction, Yong directly owned 44,576 shares of BridgeBio Oncology common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ben Yong
Role
Chief Med & Dev Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,047 | $7.80 | $8K |
Holdings After Transaction:
Common Stock — 44,576 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,047 shares
Withholding reference price: $7.80 per share
Shares owned after transaction: 44,576 shares
3 metrics
Shares withheld for taxes
1,047 shares
Common stock withheld to satisfy tax obligations on RSU vesting
Withholding reference price
$7.80 per share
Value used for tax-withholding disposition of common stock
Shares owned after transaction
44,576 shares
Direct common stock holdings following the tax withholding
Key Terms
restricted stock units, tax withholding obligations, Common Stock
3 terms
restricted stock units financial
"in connection 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.
tax withholding obligations financial
"withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations"
Common Stock financial
"Represents the number of shares of the Issuer's Common Stock withheld"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did BridgeBio Oncology (BBOT) insider Ben Yong report in this Form 4?
Ben Yong reported a tax-related share withholding, not an open-market trade. The company withheld 1,047 BridgeBio Oncology common shares to satisfy his tax obligations when restricted stock units vested, a routine administrative transaction tied to equity compensation.