BeOne Medicines Insider Trading Continues: Executive's Stock Sales Top $31M in Q2 2025
Rhea-AI Filing Summary
BeOne Medicines Ltd. has filed a Form 144 notice for the proposed sale of 2,007 American Depositary Shares (ADS) through Morgan Stanley Smith Barney LLC. The shares have an aggregate market value of $516,822.57 and are planned to be sold on the NASDAQ around June 24, 2025.
The securities were originally acquired as Restricted Stock Units from the issuer on June 15, 2025. The filing also discloses significant recent trading activity by XIAODONG WANG through a 10b5-1 trading plan, including:
- June 10, 2025: 41,760 ADS sold for $10,975,317.26
- May 13, 2025: 41,760 ADS sold for $9,333,272.30
- April 14, 2025: 41,760 ADS sold for $10,133,594.35
The total outstanding shares of the company are 56,964,739. This Form 144 represents the declaration of intention to sell securities acquired through RSUs, following a pattern of systematic sales through an established 10b5-1 trading plan.
Positive
- None.
Negative
- Significant insider selling pattern: Executive has sold 125,280 ADS shares over 3 months totaling approximately $30.4M through 10b5-1 plan sales
- Current Form 144 filing indicates intention to sell additional 2,007 ADS shares worth $516,823, continuing the selling trend