[Form 4] Beam Therapeutics Inc. Insider Trading Activity
Rhea-AI Filing Summary
Beam Therapeutics insider Bethany J. Cavanagh, who serves as SVP, Finance and Treasurer, reported a non‑discretionary sale of 467 shares of common stock on 10/01/2025 at a price of $24.53 per share. The filing shows 44,045 shares remained beneficially owned by the reporting person after the transaction. The form states the shares were sold automatically to cover tax withholding obligations arising from the vesting of restricted stock units granted on 9/30/2021 and 9/30/2024, and the sales were effected under a Rule 10b5‑1 trading plan adopted on 8/9/2024. The Form 4 was signed by an attorney‑in‑fact on 10/03/2025.
Positive
- Sale was automatic under a Rule 10b5‑1 plan dated 8/9/2024, indicating planned, non‑discretionary trading
- Transaction explicitly covered tax withholding for RSU vesting on 9/30/2021 and 9/30/2024, clarifying the purpose of the sale
- Filing reports remaining beneficial ownership of 44,045 shares, providing transparency on insider holdings
Negative
- Disposition of 467 shares reduced the insider's stake, as reported
- Sale price of $24.53 realized on 10/01/2025, a concrete monetization event by an officer
Insights
TL;DR: Routine tax‑cover sale under a 10b5‑1 plan; no new grants or discretionary selling disclosed.
The report documents an automatic sale of 467 shares at $24.53 to satisfy tax withholding following RSU vesting on 9/30/2021 and 9/30/2024. The filing explicitly attributes the transaction to a pre‑existing Rule 10b5‑1 plan adopted on 8/9/2024, which indicates the sale was planned rather than discretionary.
This is a standard compliance disclosure under Section 16; the filing also records remaining beneficial ownership of 44,045 shares. No other derivative transactions, new grants, or departures are disclosed in this Form 4.