Beam CMO sells 373 shares to cover taxes
Beam Therapeutics Inc. Chief Medical Officer Amy Simon reported an open-market sale of 373 shares of common stock at $34.73 per share.
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Rhea-AI Filing Summary
Beam Therapeutics Inc. Chief Medical Officer Amy Simon reported an open-market sale of 373 shares of common stock at $34.73 per share. According to the disclosure, these shares were automatically sold in a non-discretionary transaction to cover tax withholding obligations upon vesting of restricted stock units granted under the 2019 Equity Incentive Plan. The sales were executed under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Simon directly holds 102,363 shares of Beam Therapeutics common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 373 | $34.73 | $13K |
Footnotes (1)
- F1. These shares of common stock were automatically sold in a non-discretionary transaction by the Reporting Person in order to cover tax withholding obligations upon the vesting of certain restricted stock units granted to the Reporting Person under the Beam Therapeutics Inc. ("BEAM") 2019 Equity Incentive Plan on June 30, 2022. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2023.
Key Figures
Key Terms
restricted stock units financial
Rule 10b5-1 trading plan regulatory
tax withholding obligations financial
2019 Equity Incentive Plan financial
FAQ
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What insider transaction did Beam Therapeutics (BEAM) report for Amy Simon?
What plan governed the restricted stock units in this Beam Therapeutics (BEAM) Form 4?
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