Beam Therapeutics (BEAM) CLO auto-sells 5,956 shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beam Therapeutics Inc. Chief Legal Officer Christine Bellon reported an automatic sale of 5,956 shares of common stock on April 1, 2026 at $24.58 per share. After this transaction, she directly holds 109,711 shares of Beam Therapeutics common stock.
The shares were sold in a non-discretionary transaction solely to cover tax withholding obligations arising from the vesting of restricted stock units granted on March 31 of 2022, 2023, 2024 and 2025 under the company’s 2019 Equity Incentive Plan. The sales were effected under a Rule 10b5-1 trading plan adopted on May 19, 2023, indicating the trades were pre-planned rather than opportunistic market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,956 shares ($146,398)
Net Sell
1 txn
Insider
Bellon Christine
Role
Chief Legal Officer
Sold
5,956 shs ($146K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,956 | $24.58 | $146K |
Holdings After Transaction:
Common Stock — 109,711 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 5,956 shares
Sale price per share: $24.58/share
Shares held after transaction: 109,711 shares
+1 more
4 metrics
Shares sold
5,956 shares
Automatic sale on April 1, 2026 to cover tax withholding
Sale price per share
$24.58/share
Price for Beam Therapeutics common stock in this transaction
Shares held after transaction
109,711 shares
Direct ownership by Christine Bellon following the sale
RSU vesting dates
March 31, 2022, 2023, 2024, 2025
Vesting of RSUs that created tax obligations
Key Terms
restricted stock units, 2019 Equity Incentive Plan, Rule 10b5-1 trading plan, tax withholding obligations
4 terms
restricted stock units financial
"upon the vesting of certain restricted stock units granted to the Reporting Person"
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.
2019 Equity Incentive Plan financial
"granted to the Reporting Person under the Beam Therapeutics Inc. 2019 Equity Incentive Plan"
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligations financial
"sold in a non-discretionary transaction ... to cover tax withholding obligations"
FAQ
What insider transaction did Beam Therapeutics (BEAM) report for Christine Bellon?
Beam Therapeutics reported that Chief Legal Officer Christine Bellon automatically sold 5,956 shares of common stock. The transaction occurred on April 1, 2026 at $24.58 per share and was tied to tax withholding on vesting restricted stock units.
What equity awards triggered the tax-withholding sale for BEAM’s Chief Legal Officer?
The tax-withholding sale was triggered by vesting of restricted stock units granted under Beam Therapeutics’ 2019 Equity Incentive Plan. These RSUs vested on March 31 of 2022, 2023, 2024 and 2025, creating tax obligations that the automatic share sale helped satisfy.