Beam Global grants CEO 250,000-share stock award
Beam Global’s CEO received a stock grant, with part of the shares withheld to cover related tax obligations.
Rhea-AI Filing Summary
Beam Global (BEEM) reported that Chief Executive Officer and director Desmond C. Wheatley received a grant of 250,000 shares of Common Stock on September 21, 2026 at a reference price of $1.34 per share under the Beam Global 2021 Equity Incentive Plan. On the same date, 133,375 shares of this award were withheld by Beam Global to satisfy Mr. Wheatley’s tax withholding obligations related to the stock issuance. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WHEATLEY DESMOND C
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 250,000 | $1.34 | $335K |
| Tax Withholding | Common Stock F2 | 133,375 | $1.34 | $179K |
Holdings After Transaction:
Common Stock — 651,905 shares (Direct)
Footnotes (2)
- F1. Represents shares of common stock granted to the Reporting Person pursuant to the Beam Global 2021 Equity Incentive Plan. The price reported reflects the closing price of the Company's common stock on the date of grant.
- F2. These shares were withheld by Beam Global to satisfy the reporting person's tax withholding obligations related to the issuance of common stock award.
Key Figures
Shares granted: 250,000 shares
Grant reference price: $1.34 per share
Shares withheld for taxes: 133,375 shares
3 metrics
Shares granted
250,000 shares
Common Stock grant to CEO on September 21, 2026
Grant reference price
$1.34 per share
Closing price on the grant date used for the stock award
Shares withheld for taxes
133,375 shares
Shares withheld by Beam Global to cover CEO tax withholding obligations
Key Terms
Beam Global 2021 Equity Incentive Plan, withheld, tax withholding obligations
3 terms
Beam Global 2021 Equity Incentive Plan financial
"granted to the Reporting Person pursuant to the Beam Global 2021 Equity Incentive Plan"
withheld financial
"These shares were withheld by Beam Global to satisfy the reporting person's tax"
tax withholding obligations financial
"to satisfy the reporting person's tax withholding obligations related to the issuance"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BEEM’s CEO report on September 21, 2026?
Beam Global’s CEO Desmond C. Wheatley reported a grant of 250,000 shares of Common Stock and the withholding of 133,375 shares by Beam Global to cover tax withholding obligations, all dated September 21, 2026, at a reference price of $1.34 per share.
Was the Beam Global (BEEM) CEO’s Form 4 transaction a market purchase or sale?
No. The Form 4 shows a grant/award acquisition of 250,000 shares and a withholding of 133,375 shares for tax obligations, not an open-market purchase or sale of Beam Global stock.
Was a Rule 10b5-1 plan used for the BEEM CEO’s reported transactions?
No. The filing indicates the Rule 10b5-1 checkbox was not affirmed, so no Rule 10b5-1 trading plan is reported in connection with these insider transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.