BeOne Medicines (ONC) CFO sells ADS to cover RSU tax withholding
Rhea-AI Filing Summary
BeOne Medicines Ltd. Chief Financial Officer Aaron Rosenberg sold 1,157 American Depositary Shares at $312.715 per ADS on August 3, 2026, to satisfy mandatory tax withholding tied to vesting of a restricted share unit award. After this transaction he held 382,850 Ordinary Shares directly. Each American Depositary Share represents 13 Ordinary Shares, and the restricted share unit award vests in four equal annual installments on each anniversary of July 31, 2024, with remaining unvested units eligible for accelerated vesting upon certain termination events.
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Insights
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Insider Trade Summary
Net Seller: 1,157 shares
Net Sell
2 txns
Insider
Rosenberg Aaron
Role
Chief Financial Officer
Sold
1,157 shs ($362K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares F1, F2 | 1,157 | $312.715 | $362K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 0 shares (Direct);
Ordinary Shares — 382,850 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 July 31, 2024, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events.
Key Figures
ADS sold: 1,157 American Depositary Shares
Sale price per ADS: $312.715 per American Depositary Share
Ordinary Shares held after transaction: 382,850 Ordinary Shares
+1 more
4 metrics
ADS sold
1,157 American Depositary Shares
Sale on August 3, 2026 by CFO Aaron Rosenberg
Sale price per ADS
$312.715 per American Depositary Share
Price for the 1,157 ADS sold on August 3, 2026
Ordinary Shares held after transaction
382,850 Ordinary Shares
Direct holdings reported after the August 3, 2026 transaction
ADS to Ordinary Share ratio
1 ADS represents 13 Ordinary Shares
Representation ratio for BeOne Medicines ADS
Key Terms
American Depositary Shares, restricted share unit award, mandatory tax withholding provision, accelerated vesting
4 terms
mandatory tax withholding provision financial
"The sale was effected pursuant to a mandatory tax withholding provision"
accelerated vesting financial
"Unvested securities are subject to accelerated vesting upon certain termination events"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BeOne Medicines (ONC) report for its CFO?
BeOne Medicines’ CFO Aaron Rosenberg sold 1,157 American Depositary Shares on August 3, 2026, at $312.715 per ADS. The sale was executed to cover tax withholding obligations related to vesting of a restricted share unit award previously granted to him.
Why did the BeOne Medicines (ONC) CFO sell 1,157 ADS?
The 1,157 ADS sale was pursuant to a mandatory tax withholding provision in the CFO’s restricted share unit award agreement. The transaction was executed in connection with the vesting of that award rather than as a discretionary portfolio trade.
Was the BeOne Medicines (ONC) CFO sale made under a Rule 10b5-1 plan?
The disclosure indicates the Rule 10b5-1 checkbox is not marked as an affirmative trading plan. Instead, the sale is described as arising from a mandatory tax withholding provision linked to the restricted share unit award’s vesting terms.