Beam Therapeutics (BEAM) president exercises 35,505 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beam Therapeutics Inc. president Giuseppe Ciaramella reported exercising stock options to acquire a total of 35,505 shares of common stock on June 17, 2026. These transactions were coded “M,” indicating exercises or conversions of derivative securities rather than open‑market purchases or sales.
The options exercised carried strike prices of $1.03 and $0.67 per share. The underlying options had vesting schedules beginning February 26, 2018, with 25% vesting after one year and the remainder vesting in 36 equal monthly installments, reflecting long-term equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
35,505 shares exercised/converted
Mixed
4 txns
Insider
Ciaramella Giuseppe
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 6,505 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 29,000 | $0.00 | -- |
| Exercise | Common Stock | 6,505 | $0.67 | $4K |
| Exercise | Common Stock | 29,000 | $1.03 | $30K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 224,911 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 35,505 shares
Strike price 1: $1.03/share
Strike price 2: $0.67/share
+3 more
6 metrics
Options exercised
35,505 shares
Total derivative shares exercised on June 17, 2026
Strike price 1
$1.03/share
Exercise price for 29,000 option shares
Strike price 2
$0.67/share
Exercise price for 6,505 option shares
Transaction code
M
Exercise or conversion of derivative security
Option expiration 1
July 13, 2028
Expiration date for $1.03 options
Option expiration 2
May 8, 2028
Expiration date for $0.67 options
Key Terms
Stock Option (Right to Buy), derivative security, vesting commencement dates, substantially equal monthly installments
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting commencement dates financial
""the vesting commencement dates, February 26, 2018""
substantially equal monthly installments financial
"“remaining shares vested in 36 substantially equal monthly installments”"
FAQ
What insider transaction did BEAM president Giuseppe Ciaramella report?
Giuseppe Ciaramella reported exercising stock options to acquire 35,505 Beam Therapeutics common shares. The Form 4 shows option exercises, not open‑market trades, reflecting the use of previously granted equity awards as part of long-term compensation.
At what prices did the BEAM options exercised by the president vest?
The options exercised carried strike prices of $1.03 and $0.67 per share. These low exercise prices reflect historic grant dates, with vesting beginning in 2018 and completing through monthly installments under the original award schedules.
What does the vesting schedule in BEAM’s Form 4 footnote indicate?
The footnote explains that 25% of the option shares vested one year after the February 26, 2018 commencement date, with the remaining 75% vesting in 36 equal monthly installments. This describes a standard multi-year vesting structure for Beam’s equity compensation.
Do any stock options remain after the BEAM president’s exercises?
The derivative summary section is empty, indicating no remaining derivative positions are listed in this filing. That suggests the options covered here were fully exercised, although any other awards not referenced would appear in separate disclosures.