Cavanagh Bethany J 4
Research Summary
AI-generated summary
Beam Therapeutics (BEAM) SVP Bethany Cavanagh Sells 6,198 Shares
What Happened
Bethany J. Cavanagh, SVP, Finance and Treasurer of Beam Therapeutics (BEAM), sold 6,198 shares of BEAM common stock in open-market transactions on January 22, 2026. The reported proceeds were $216,933. The weighted average price reported was $35.00, with individual sale prices in the range $35.00 to $35.015. This was a sale (not a purchase) and is often considered routine insider selling.
Key Details
- Transaction date: 2026-01-22 (reported on Form 4 filed 2026-01-26). Filing appears timely under the two-business-day Form 4 rule.
- Shares sold: 6,198; weighted average price: $35.00; reported total value: $216,933.
- Price range: $35.00 to $35.015 (the reporting person can provide per-price breakdown on request).
- Footnote: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted September 19, 2025 (pre-arranged trading plan).
- Shares owned after transaction: not specified in the summary data provided.
Context
Sales under a Rule 10b5-1 plan are pre-arranged and commonly used to execute transactions without regard to short-term insider knowledge; they are informative about executed volume but do not necessarily indicate the insider’s current view of the company. This report documents a routine disposition rather than an acquisition or option exercise.