BeOne Medicines SVP disposes 590 ADS for taxes
BeOne Medicines Ltd. executive Henry Lee Chan reported an automated sale of American Depositary Shares to satisfy tax obligations tied to restricted share unit vesting.
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Rhea-AI Filing Summary
BeOne Medicines Ltd. executive Henry Lee Chan reported an automated sale of American Depositary Shares to satisfy tax obligations tied to restricted share unit vesting. He sold 590 American Depositary Shares at $265.975 each, representing 13 ordinary shares per ADS, and now directly holds 338,884 Ordinary Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares | 590 | $265.975 | $157K |
| holding | Ordinary Shares | -- | -- | -- |
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 15, 2023, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events.
Key Figures
Key Terms
mandatory tax withholding financial
accelerated vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BeOne Medicines (ONC) report for Henry Lee Chan?
At what price were the BeOne Medicines (ONC) ADS sold in this Form 4?
Was the BeOne Medicines (ONC) insider sale part of routine tax withholding?
How many BeOne Medicines (ONC) ADS did Henry Lee Chan hold after the sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.