Lee Chan Henry 4

What Happened Lee Chan Henry, SVP and General Counsel of BeOne Medicines (ONC), sold 590 American Depositary Shares (ADS) on June 16, 2026, at $265.98 per ADS for proceeds of $156,925. The filing indicates the sale was effected to satisfy tax withholding obligations related to the vesting of a previously granted restricted share unit (RSU) award — a routine, non-discretionary sale tied to vesting rather than a market-timed equity sale.

Key Details

• Transaction date: 2026-06-16; Filing date (Form 4): 2026-06-18 (filed on time).
• Price and size: 590 ADS at $265.98 each; reported proceeds $156,925.
• ADS conversion: Each ADS represents 13 ordinary shares, so 590 ADS = 7,670 underlying ordinary shares.
• Reason: Sale effected pursuant to mandatory tax withholding on RSU vesting (footnote). Vesting schedule: 1/4 of the award vests each anniversary of June 15, 2023; unvested securities may accelerate on certain termination events.
• Transaction codes: Reported as a sale (S) with tax-withholding treatment per the footnote (F / tax withholding).
• Shares owned after transaction: Not specified in the provided excerpt.

Context This was a tax-withholding sale to cover withholding liabilities when RSUs vested — a common administrative transaction that does not necessarily indicate insider sentiment. For retail investors, purchases by insiders are generally more indicative of conviction; tax-related sales are routine and often required by award agreements.