ONC Insider Filing Shows 0.3% Stake Trim by Xiaodong Wang
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BeOne Medicines (ONC) filed a routine Form 4 disclosing that Director and Scientific Advisory Board Chair Xiaodong Wang sold an aggregate 2,007 American Depositary Shares (each equal to 13 ordinary shares) on 06/24/2025 under a Rule 10b5-1 plan at prices ranging from $263.40 – $267.81. The total consideration is roughly $0.53 million, representing about 0.3 % of his total beneficial ownership. No new grants, derivative transactions, or governance changes were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,007 shares ($532,867)
Net Sell
8 txns
Insider
Wang Xiaodong
Role
Director
Sold
2,007 shs ($533K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares | 300 | $263.50 | $79K |
| Sale | American Depositary Shares | 1,100 | $265.3525 | $292K |
| Sale | American Depositary Shares | 507 | $266.5653 | $135K |
| Sale | American Depositary Shares | 100 | $267.81 | $27K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 1,707 shares (Direct);
Ordinary Shares — 5,154,770 shares (Direct);
Ordinary Shares — 1,025,063 shares (Indirect, See Footnote)
Footnotes (1)
- These securities are held by a family trust, the beneficiaries of which are the Reporting Person's family members, for which the Reporting Person disclaims beneficial ownership. These securities are held by Wang Investment LLC, of which 99% of the limited liability company interest is owned by two grantor retained annuity trusts, of which the Reporting Person's wife is a trustee, for which the Reporting Person disclaims beneficial ownership. These securities are held by the spouse of the Reporting Person. Each American Depositary Share represents 13 Ordinary Shares. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on August 12, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $263.40 to $263.55, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $265.02 to $265.86, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $266.27 to $266.95, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price.
FAQ
What was the total value of the ONC insider sale reported on 06/24/2025?
The transactions were valued at approximately $0.53 million based on weighted average prices of $263.40–$267.81 per ADS.
Did the June 2025 Form 4 significantly change Xiaodong Wang's ownership in ONC?
No. The sale reduced his direct ADS holdings to zero but cut overall ownership by only ≈0.3 %.
Was the insider sale executed under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were made pursuant to a 10b5-1 plan adopted on August 12, 2024.