[Form 4] Beam Therapeutics Inc. Insider Trading Activity
Rhea-AI Filing Summary
Beam Therapeutics insider Christine Bellon, Chief Legal Officer, reported an automatic sale of 373 shares of common stock on 10/01/2025 at a price of $24.53 per share. The sale was made to satisfy tax withholding obligations triggered by the vesting of restricted stock units granted on 9/30/2021. The shares were sold under a Rule 10b5-1 trading plan adopted by the reporting person on 5/19/2023. After the transaction, the reporting person beneficially owned 116,921 shares.
Positive
- Prearranged Rule 10b5-1 plan in place (adopted 5/19/2023) which clarifies trade intent
- Sale explicitly tied to tax withholding for RSU vesting on 9/30/2021, indicating routine compensation activity
Negative
- None.
Insights
Insider sale was a tax-withholding disposition under a prearranged plan.
The Form 4 shows an automatic disposition of 373 shares on 10/01/2025 executed under a Rule 10b5-1 plan adopted on 5/19/2023. This indicates the sale was preplanned and not a discretionary trade by the officer.
Because the filing states the sale covered tax withholding for RSU vesting on 9/30/2021, the transaction is routine compensation-related activity rather than an opportunistic liquidity move.
Sale amount corresponds to tax withholding for vested restricted stock units.
The explanatory note explicitly ties the sale to withholding obligations from RSUs granted under the 2019 Equity Incentive Plan. The executed sale price was $24.53 per share, implying the employer or reporting person used share withholding via sale to meet tax liabilities.
This is a common mechanism to satisfy tax on equity compensation and does not alter disclosed post-transaction ownership of 116,921 shares.