BeOne Medicines (ONC) accounting chief sells ADSs to cover tax on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BeOne Medicines Ltd. Principal Accounting Officer Titus B. Ball reported routine tax-related share sales. On June 8, 2026, he sold a total of 136 American Depositary Shares of BeOne Medicines in open-market transactions at weighted average prices of about $271.06 and $272.08. Footnotes state these sales were required under a mandatory tax withholding provision tied to the vesting of a previously granted restricted share unit award. Following these transactions, Ball reported direct ownership of 70,629 Ordinary Shares of BeOne Medicines.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 136 shares ($36,901)
Net Sell
3 txns
Insider
Ball Titus B.
Role
Principal Accounting Officer
Sold
136 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares | 100 | $271.0576 | $27K |
| Sale | American Depositary Shares | 36 | $272.08 | $10K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 36 shares (Direct, null);
Ordinary Shares — 70,629 shares (Direct, null)
Footnotes (1)
- Each American Depositary Share represents 13 Ordinary Shares. 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 5, 2024, subject to continued service. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.00 to $271.48, 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 $272.00 to $272.24, 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.
Key Figures
ADS sold (total): 136 American Depositary Shares
Sale price block 1: $271.0576 per ADS
Sale price block 2: $272.0800 per ADS
+2 more
5 metrics
ADS sold (total)
136 American Depositary Shares
Open-market sales on June 8, 2026
Sale price block 1
$271.0576 per ADS
Weighted average for 100 ADS sold
Sale price block 2
$272.0800 per ADS
Weighted average for 36 ADS sold
Ordinary Shares held
70,629 Ordinary Shares
Direct ownership after reported transactions
ADS to Ordinary ratio
1 ADS = 13 Ordinary Shares
ADS representation per footnote
Key Terms
American Depositary Shares, restricted share unit, mandatory tax withholding provision, weighted average price
4 terms
mandatory tax withholding provision financial
"The sale was effected pursuant to a mandatory tax withholding provision in the Reporting Person's restricted share unit award agreement"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.