[Form 4] BeOne Medicines Ltd. American Insider Trading Activity
BeOne Medicines Ltd. insider transaction summary: Principal Accounting Officer Titus B. Ball reported sales on 09/02/2025. The filing shows a disposition of 72,397 Ordinary Shares and a sale of 122 American Depositary Shares at $326.76 per ADS. The filing explains each ADS represents 13 Ordinary Shares and that the ADS sale was executed to satisfy a mandatory tax withholding on vesting restricted share units; those units vest 1/4 on each anniversary of August 31, 2023, subject to continued service. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
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Insights
TL;DR: Officer sold shares to cover tax withholding on vested RSUs; transaction is routine and non-dilutive.
The Form 4 discloses a disposal of 72,397 ordinary shares and the sale of 122 ADS at $326.76 per ADS, with an explicit statement that the ADS sale satisfied mandatory tax withholding tied to vesting restricted share units. This is a common post-vesting mechanics-driven sale rather than an open-market directional trade. The filing identifies the reporting person as an officer (Principal Accounting Officer), which is relevant for governance transparency. No new options, grants, or unusual derivative activity are reported.
TL;DR: Disclosure aligns with Section 16 requirements; sale was for tax withholding related to RSU vesting.
The report includes required detail: relationship to issuer (Officer/Principal Accounting Officer), transaction date, amount sold, and a clear explanation that the ADS sale fulfilled a mandatory withholding obligation under the reporting person’s restricted share unit agreement. The filing was executed via attorney-in-fact and includes the vesting schedule language (one-quarter annually from August 31, 2023). There is no indication of rule 10b5-1 reliance or other trading plan in the text provided.