BeOne Medicines officer sells 132 ADS at $356
BeOne Medicines’ principal accounting officer sold 132 ADS for tax withholding linked to RSU vesting and now holds 97,929 ordinary shares directly.
Rhea-AI Filing Summary
BeOne Medicines Ltd. (ONC) reported that Principal Accounting Officer Titus B. Ball sold 132 American Depositary Shares on September 1, 2026 at $355.86 per ADS. The sale was effected pursuant to a mandatory tax withholding provision tied to the vesting of a restricted share unit award. Each ADS represents 13 Ordinary Shares, and following this transaction he directly holds 97,929 Ordinary Shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 132 shares
Net Sell
2 txns
Insider
Ball Titus B.
Role
Principal Accounting Officer
Sold
132 shs ($47K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares F1, F2 | 132 | $355.86 | $47K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 0 shares (Direct);
Ordinary Shares — 97,929 shares (Direct)
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 August 31, 2023, subject to continued service.
Key Figures
ADS sold: 132 American Depositary Shares
Sale price per ADS: $355.86 per ADS
Post-transaction Ordinary Shares held: 97,929 Ordinary Shares
+2 more
5 metrics
ADS sold
132 American Depositary Shares
Sale by Principal Accounting Officer on September 1, 2026
Sale price per ADS
$355.86 per ADS
Price reported for the September 1, 2026 sale
Post-transaction Ordinary Shares held
97,929 Ordinary Shares
Direct holdings after the reported transactions
ADS-to-Ordinary Share ratio
1 ADS = 13 Ordinary Shares
Relationship between American Depositary Shares and Ordinary Shares
RSU vesting schedule
25% annually
1/4 of the securities vest each anniversary of August 31, 2023, subject to continued service
Key Terms
American Depositary Shares, restricted share unit award, mandatory tax withholding, vesting
4 terms
mandatory tax withholding financial
"The sale was effected pursuant to a mandatory tax withholding provision"
vesting financial
"1/4th of the securities will vest on each anniversary of August 31, 2023"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did BeOne Medicines (ONC) report for Titus B. Ball?
BeOne Medicines reported that Principal Accounting Officer Titus B. Ball sold 132 American Depositary Shares on September 1, 2026 at $355.86 per ADS, in a transaction described as a sale in the open market or a private transaction.
Why were the 132 ADS sold by the BeOne Medicines (ONC) officer?
The 132 ADS sale was effected under a mandatory tax withholding provision in Titus B. Ball’s restricted share unit award agreement, in connection with the vesting of a restricted share unit award previously granted to him.
Was the BeOne Medicines (ONC) insider sale made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction; the document-level checkbox for such a plan is not marked as being in effect.
What are the vesting terms mentioned for the BeOne Medicines (ONC) RSU award?
The filing states that for the relevant restricted share unit award, 1/4 of the securities vest on each anniversary of August 31, 2023, subject to the reporting person’s continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.