Beam Therapeutics President Gifts 123,407 Shares
The trust's beneficiaries are the president's spouse and children, and his spouse serves as trustee.
Rhea-AI Filing Summary
Beam Therapeutics Inc. President Giuseppe Ciaramella contributed 123,407 shares of common stock to the Giuseppe Ciaramella Irrevocable Trust - 2026 on September 24, 2026. After the gift, he reported 130,504 shares held directly; 123,407 shares were reported indirectly through the trust. His spouse is the trustee, and the beneficiaries are his spouse and children. Ciaramella disclaimed beneficial ownership of the trust's securities. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
123,407 shares gifted
Gift
2 txns
Insider
Ciaramella Giuseppe
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 123,407 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 130,504 shares (Direct);
Common Stock — 123,407 shares (Indirect, By spousal trust)
Footnotes (1)
- F1. On September 24, 2026, the reporting person contributed 123,407 shares of BEAM common stock to the Giuseppe Ciaramella Irrevocable Trust - 2026, of which the reporting person's spouse is trustee. The beneficiaries of the trust are the reporting person's spouse and children. The reporting person disclaims beneficial ownership of the securities held by the trust.
Key Figures
Gift disposition: 123,407 shares
Direct holdings after gift: 130,504 shares
Indirect trust holdings: 123,407 shares
3 metrics
Gift disposition
123,407 shares
Common stock contributed to the trust on September 24, 2026
Direct holdings after gift
130,504 shares
Reported following the September 24, 2026 transaction
Indirect trust holdings
123,407 shares
Held by the trust as reported on September 24, 2026
Key Terms
Bona fide gift, Irrevocable Trust, beneficial ownership
3 terms
Bona fide gift financial
"transaction was reported as a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Irrevocable Trust financial
"to the Giuseppe Ciaramella Irrevocable Trust - 2026"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
beneficial ownership financial
"disclaims beneficial ownership of the securities held by the trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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