Sawyers Charles Lazelle 4
4 · BeOne Medicines Ltd. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
BeOne Medicines (ONC) Director Charles Sawyers Receives Restricted Share Award
What Happened
Charles Lazelle Sawyers, a director of BeOne Medicines Ltd. (ONC), was granted 18,980 restricted share units (transaction code A) on 2026-06-11. The award was recorded at $0.00 per share (no cash paid at grant). Under the filing footnote, these RSUs represent securities that will convert to shares subject to vesting rules.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (timely — within two business days).
- Grant: 18,980 restricted share units at $0.00 (total immediate cash value $0).
- ADS equivalence: Footnote states each American Depositary Share = 13 ordinary shares, so 18,980 ordinary shares = 1,460 ADS.
- Shares owned after transaction: not specified in the Form 4.
- Vesting / restrictions (Footnote F1): RSUs vest on the earlier of the first anniversary of the grant or the next annual general meeting; vesting stops if the director leaves the board unless accelerated under the Company's Independent Non‑Executive Director Compensation Policy (Footnote F1).
- Transaction type: Award/grant (A), not an open‑market purchase or sale.
Context
Restricted share units are a form of compensation that convert to actual shares if and when vesting conditions are met; they do not represent an immediate purchase or sale by the insider. Such awards are typically routine compensation for board service and are not by themselves a clear bullish or bearish signal about near‑term insider sentiment.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-06-11+18,980→ 18,984 total
- 1,946
American Depositary Shares
[F2]
Footnotes (2)
- [F1]Represents securities underlying restricted share units. The restricted share units shall become fully vested on the earlier to occur of the first anniversary of the grant date or the date of the next annual general meeting; provided, however, that all vesting shall cease if the director resigns from the board of directors or otherwise ceases to serve as a director, unless there is a triggering event of accelerated vesting pursuant to the Company's Independent Non-Executive Director Compensation Policy.
- [F2]Each American Depositary Share represents 13 Ordinary Shares.