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BeOne Medicines (ONC) officer reports RSU grant and ADS tax-withholding sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

BeOne Medicines Ltd. principal accounting officer Titus B. Ball reported a mix of compensation-related share activity and tax-driven sales. On June 11, 2026, he had 169 American Depositary Shares sold in open-market transactions, with prices around $256–$258 per ADS. A footnote explains these sales were executed under a mandatory tax withholding provision tied to the vesting of an earlier restricted share unit award, rather than discretionary selling. The same day, he received a grant of 31,213 Ordinary Shares underlying restricted share units at no purchase price, bringing his direct holdings to 99,645 Ordinary Shares. These restricted share units vest in four equal annual installments starting on June 11, 2026, with potential accelerated vesting upon certain termination events. Each ADS represents 13 Ordinary Shares, connecting the ADS activity to the underlying ordinary share structure.

Positive

  • None.

Negative

  • None.
Insider Ball Titus B.
Role Principal Accounting Officer
Sold 169 shs ($43K)
Type Security Shares Price Value
Grant/Award Ordinary Shares 31,213 $0.00 --
Sale American Depositary Shares 49 $256.387 $13K
Sale American Depositary Shares 120 $257.53 $31K
Holdings After Transaction: Ordinary Shares — 99,645 shares (Direct, null); American Depositary Shares — 120 shares (Direct, null)
Footnotes (1)
  1. Represents securities underlying restricted share units. 1/4th of the securities will vest on each anniversary of June 11, 2026, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events. 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 10, 2025, subject to continued service.
ADS sold first trade 120 American Depositary Shares at $257.53 Open-market sale on June 11, 2026
ADS sold second trade 49 American Depositary Shares at $256.387 Open-market sale on June 11, 2026
Net ADS shares sold 169 American Depositary Shares Total non-derivative sales in this Form 4
RSU-based Ordinary Shares granted 31,213 Ordinary Shares Grant/award acquisition on June 11, 2026
Ordinary Shares after grant 99,645 Ordinary Shares Direct holdings following RSU grant
ADS to Ordinary ratio 1 ADS = 13 Ordinary Shares Conversion ratio for BeOne Medicines ADS
restricted share units financial
"Represents securities underlying restricted share units. 1/4th of the securities will vest on each anniversary of June 11, 2026, subject to continued service."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
mandatory tax withholding financial
"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."
American Depositary Shares financial
"Each American Depositary Share represents 13 Ordinary Shares."
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
accelerated vesting financial
"Unvested securities are subject to accelerated vesting upon certain termination events."
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ball Titus B.

(Last)(First)(Middle)
C/O BEONE MEDICINES I GMBH
AESCHENGRABEN 27, 21ST FLOOR

(Street)
BASEL4051

(City)(State)(Zip)

SWITZERLAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
BeOne Medicines Ltd. [ ONC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Principal Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares(1)06/11/2026A31,213A$099,645D
American Depositary Shares(2)06/11/2026S(3)49D$256.387120D
American Depositary Shares(2)06/11/2026S(3)120D$257.530D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents securities underlying restricted share units. 1/4th of the securities will vest on each anniversary of June 11, 2026, subject to continued service. Unvested securities are subject to accelerated vesting upon certain termination events.
2. Each American Depositary Share represents 13 Ordinary Shares.
3. 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 10, 2025, subject to continued service.
Remarks:
/s/ Qing Nian, as Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BeOne Medicines (ONC) report for Titus B. Ball?

Titus B. Ball reported two small open-market sales totaling 169 American Depositary Shares and a grant of 31,213 Ordinary Shares underlying restricted share units, all dated June 11, 2026, leaving him with 99,645 Ordinary Shares held directly.

Were the BeOne Medicines (ONC) share sales by Titus B. Ball discretionary?

The sales were not discretionary; they were executed under a mandatory tax withholding provision in his restricted share unit award agreement, covering taxes due upon vesting of a prior RSU award that began vesting on June 10, 2025.

What equity award did the BeOne Medicines (ONC) officer receive on June 11, 2026?

He received 31,213 Ordinary Shares underlying restricted share units at no purchase price. One quarter of these RSUs will vest on each anniversary of June 11, 2026, subject to continued service and potential accelerated vesting upon certain termination events.

How many BeOne Medicines (ONC) shares does Titus B. Ball hold after these transactions?

Following the reported transactions, he directly holds 99,645 Ordinary Shares. This balance reflects the addition of 31,213 restricted-share-unit-based Ordinary Shares and the ADS sales executed for tax withholding purposes on June 11, 2026.