BeOne Medicines insider sells $0.35 M in ADS for RSU tax withholding
BeOne Medicines (ONC) filed a routine Form 4 reporting a small insider transaction by President & COO Wu Xiaobin.
Rhea-AI Filing Summary
BeOne Medicines (ONC) filed a routine Form 4 reporting a small insider transaction by President & COO Wu Xiaobin.
On 06/23/2025, Wu disposed of 1,363 American Depositary Shares at $260 per ADS (≈$0.35 million) to satisfy mandatory tax-withholding on vested RSUs. Post-sale holdings remain substantial at 1,228,328 ordinary shares plus 16,365 ADSs (4,000 held indirectly by spouse). No other changes to ownership, compensation, or governance were disclosed.
Positive
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Negative
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Insider Trade Summary
Net Seller: 1,363 shares
Net Sell
4 txns
Insider
Wu Xiaobin
Role
President and COO
Sold
1,363 shs ($354K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares | 1,363 | $260.00 | $354K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 12,365 shares (Direct);
Ordinary Shares — 1,228,328 shares (Direct);
American Depositary Shares — 4,000 shares (Indirect, By Wife)
Footnotes (2)
- F1. Each American Depositary Share represents 13 Ordinary Shares.
- F2. The sale was effected pursuant to a mandatory tax withholding provision in the Reporting Person's restricted share unit award agreement in connection with the vesting of a restricted share unit award previously granted to the Reporting Person. 1/4th of the securities will vest on each anniversary of June 22, 2022, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Is the June 2025 insider sale considered material for ONC investors?
No. The disposal equals roughly 1.2 % of Wu’s total holdings and is valued at about $0.35 million, below materiality thresholds.
Did the Form 4 reveal any new governance or compensation changes at ONC?
No. The filing only details the routine tax-related share sale; no governance or compensation changes were reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.