Form 4: Beam Therapeutics CLO Sells Shares for Tax Obligations
Insider Transaction Report
Beam Therapeutics' Chief Legal Officer, Christine Bellon, sold 1,254 shares of common stock at $27.1 per share to cover tax withholding obligations related to RSU vesting.
Summary
- Christine Bellon, Chief Legal Officer and Director of Beam Therapeutics Inc. (BEAM), reported a transaction involving the company's common stock.
- On December 31, 2025, Bellon disposed of 1,254 shares of common stock at a price of $27.1 per share.
- The sale was non-discretionary and executed to cover tax withholding obligations upon the vesting of restricted stock units (RSUs) granted on December 30, 2022.
- This transaction was conducted pursuant to a Rule 10b5-1 trading plan adopted by Bellon on May 19, 2023.
- Following this transaction, Christine Bellon beneficially owns 115,667 shares of Beam Therapeutics common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary sale of shares by an insider to cover tax obligations, which is a neutral event and does not indicate positive or negative sentiment towards the company's performance or prospects.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: The sale represents a minor, routine disposition of shares by a key executive, unlikely to have a significant impact on shareholder sentiment or the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 12/30/2022 | Date restricted stock units were granted and vested, triggering tax withholding obligations. |
| 05/19/2023 | Date Rule 10b5-1 trading plan was adopted by Christine Bellon. |
| 12/31/2025 | Date of common stock disposition to cover tax withholding obligations. |
| 01/05/2026 | Date the Form 4 filing was signed by Christine Bellon. |
Keywords
Beam Therapeutics, BEAM, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, RSU, Tax Withholding, Rule 10b5-1, Christine Bellon
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