Beam president trades 35,000 shares in Form 4
Beam Therapeutics President Giuseppe Ciaramella reported insider transactions involving 35,000 shares on Common Stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Beam Therapeutics President Giuseppe Ciaramella reported insider transactions involving 35,000 shares on Common Stock. He exercised a stock option for 35,000 shares at $17.00 per share, converting a derivative award into directly held Common Stock.
On the same date, he then sold 35,000 shares of Common Stock at a weighted average price of $32.0012 per share under a pre-arranged Rule 10b5-1 trading plan adopted on September 30, 2025. Following these transactions, he directly owned 190,216 shares of Common Stock and 397,313 shares underlying stock options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 35,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 35,000 | $17.00 | $595K |
| Sale | Common Stock | 35,000 | $32.0012 | $1.12M |
Footnotes (3)
- F1. The shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 30, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $32.00 to $32.04, inclusive. The Reporting Person undertakes to provide to Beam Therapeutics Inc. ("BEAM"), any security holder of BEAM or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F3. The option vests as to 25% on the first anniversary of the of the vesting commencement date, February 5, 2020, and at a rate of 2.78% each month thereafter until the option is fully vested.
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