BeOne Medicines (ONC) legal chief exercises options, sells 332 ADS
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BeOne Medicines Ltd. SVP and General Counsel Lee Chan Henry exercised stock options and sold depositary shares in a planned transaction. On April 8, 2026, he exercised options for a total of 4,316 Ordinary Shares at exercise prices of $14.96, $16.41, and $12.23 per share.
These option exercises were represented through 332 American Depositary Shares (ADS), which were then sold at $311.59 per ADS under a pre-arranged Rule 10b5-1 trading plan. Each ADS represents 13 Ordinary Shares. After these transactions and related holdings, he directly holds 318,370 Ordinary Shares, indicating this was a routine liquidity event while maintaining a substantial equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 332 shares ($103,448)
Net Sell
8 txns
Insider
Lee Chan Henry
Role
SVP, General Counsel
Sold
332 shs ($103K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (Right to Buy) | 1,313 | $0.00 | -- |
| Exercise | Share Option (Right to Buy) | 1,729 | $0.00 | -- |
| Exercise | Share Option (Right to Buy) | 1,274 | $0.00 | -- |
| Exercise | American Depositary Shares | 101 | $194.47 | $20K |
| Exercise | American Depositary Shares | 133 | $213.32 | $28K |
| Exercise | American Depositary Shares | 98 | $159.03 | $16K |
| Sale | American Depositary Shares | 332 | $311.59 | $103K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 21,177 shares (Direct);
American Depositary Shares — 101 shares (Direct);
Ordinary Shares — 318,370 shares (Direct)
Footnotes (1)
- Each American Depositary Share represents 13 Ordinary Shares. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 14, 2025. The number of securities underlying each option and the exercise price therefore are represented in ordinary shares. These securities vest over a four-year period as follows: 25% on July 29, 2023 with the remaining shares vesting in 36 equal successive monthly installments thereafter, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events. These securities vest over a four-year period as follows: 25% on the first anniversary of June 15, 2023 with the remaining shares vesting in 36 equal successive monthly installments thereafter, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events. These securities vest over a four-year period as follows: 25% on the first anniversary of June 5, 2024 with the remaining shares vesting in 36 equal successive monthly installments thereafter, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events.
Key Figures
Options exercised: 4,316 Ordinary Shares
ADS sold: 332 ADS
Sale price per ADS: $311.59
+4 more
7 metrics
Options exercised
4,316 Ordinary Shares
Total underlying shares from three option exercises on April 8, 2026
ADS sold
332 ADS
Open-market or private sale corresponding to 4,316 Ordinary Shares
Sale price per ADS
$311.59
Price for 332 American Depositary Shares sold on April 8, 2026
ADS share ratio
13 Ordinary Shares per ADS
Each American Depositary Share represents 13 Ordinary Shares
Post-transaction holdings
318,370 Ordinary Shares
Direct Ordinary Share holdings after reported transactions
Option exercise prices
$14.96, $16.41, $12.23
Exercise prices for three option grants converted into Ordinary Shares
Rule 10b5-1 plan date
May 14, 2025
Adoption date of trading plan governing the ADS sale
Key Terms
American Depositary Shares, Rule 10b5-1 trading plan, Share Option (Right to Buy, vest over a four-year period, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 14, 2025."
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.
vest over a four-year period financial
"These securities vest over a four-year period as follows: 25% on July 29, 2023 with the remaining shares vesting in 36 equal successive monthly installments"
accelerated vesting financial
"Unvested securities are subject to accelerated vesting upon certain termination events."
FAQ
What did BeOne Medicines (ONC) executive Lee Chan Henry do in this Form 4 filing?
Lee Chan Henry, SVP and General Counsel of BeOne Medicines, exercised stock options and sold American Depositary Shares. He converted options into 4,316 Ordinary Shares and then sold 332 ADS, representing those shares, in a planned transaction under a Rule 10b5-1 trading plan.
What stock options did the BeOne Medicines (ONC) executive exercise?
He exercised three tranches of Share Options for 1,313, 1,729, and 1,274 Ordinary Shares. The respective exercise prices were $14.96, $16.41, and $12.23 per share, with option expiration dates in 2032, 2033, and 2034 as disclosed in the filing.
Was the BeOne Medicines (ONC) insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted on May 14, 2025. Such pre-arranged plans are established in advance and are designed to make transactions more routine and less influenced by short-term information.