Russell Steven Jon 4

What Happened
Russell Steven Jon, Chief Medical Officer of Beta Bionics (BBNX), sold 4,222 shares on 2026-06-02 in a disposition reported on Form 4. The transaction generated approximately $53,227 (reported price $12.61 per share; weighted average $12.6071), and is reported as a sale (S). This was a routine sell-to-cover to satisfy tax withholding tied to the vesting of restricted stock units, not an open-market purchase.

Key Details

• Transaction date: 2026-06-02; Form 4 filed 2026-06-03 (timely filing).
• Reported sale amount: 4,222 shares for total proceeds of ~$53,227. Reported price: $12.61; weighted average price: $12.6071; price range: $12.30–$12.93.
• Footnote F1: Shares were sold to cover tax withholding obligations associated with RSU vesting (sell-to-cover).
• Footnote F2: The filing gives the weighted average and price range; the exact number of shares sold at each separate price can be provided on request to the SEC staff.
• Shares owned after the transaction: not specified in the provided filing details.

Context
Sell-to-cover transactions following RSU vesting are common and generally represent a tax-related liquidity event rather than a directional bet on the company’s stock. For retail investors, purchases by insiders can be more informative as a signal of confidence; routine tax-related sales like this are typically neutral from a sentiment standpoint.