Beam Therapeutics (BEAM) awards 31,750 RSUs to Chief Medical Officer Amy Simon
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simon Amy reported acquisition or exercise transactions in this Form 4 filing.
Beam Therapeutics Inc. granted Chief Medical Officer Amy Simon 31,750 restricted stock units (RSUs), each representing the right to receive one share of Beam common stock. The RSUs vest in four substantially equal annual installments on the first four anniversaries of the grant date, conditioned on her continued service. Following this award, she directly holds 109,114 shares of Beam common stock, reflecting a compensation-related equity grant rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simon Amy
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 109,114 shares (Direct)
Footnotes (1)
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Key Figures
RSUs Granted: 31,750 RSUs
Post-transaction holdings: 109,114 shares
Vesting schedule: 4 annual installments
+1 more
4 metrics
RSUs Granted
31,750 RSUs
Restricted stock units granted to CMO Amy Simon
Post-transaction holdings
109,114 shares
Total Beam common stock beneficially owned after grant
Vesting schedule
4 annual installments
RSUs vest over four substantially equal yearly tranches
Grant price
$0.0000 per share
Equity award at no cash cost to the reporting person
Key Terms
restricted stock units ("RSUs"), 2019 Equity Incentive Plan, contingent right, vest
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person under the Beam Therapeutics Inc. ("BEAM") 2019 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2019 Equity Incentive Plan financial
"granted to the Reporting Person under the Beam Therapeutics Inc. ("BEAM") 2019 Equity Incentive Plan."
contingent right financial
"Each RSU represents the contingent right to receive one share of BEAM's common stock."
vest financial
"The RSUs vest in four substantially equal installments on each of the first four anniversaries of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Beam Therapeutics (BEAM) report for Amy Simon?
Beam Therapeutics reported that Chief Medical Officer Amy Simon received a grant of 31,750 restricted stock units. Each RSU represents one share of Beam common stock, awarded as equity compensation rather than through an open-market purchase or sale.
How do the new RSUs for Amy Simon at Beam Therapeutics (BEAM) vest?
The 31,750 restricted stock units vest in four substantially equal installments on each of the first four anniversaries of the grant date. Vesting is contingent on Amy Simon’s continued service with Beam Therapeutics through each applicable vesting date.
Is Amy Simon’s Beam Therapeutics (BEAM) Form 4 a stock purchase or a compensation grant?
The Form 4 reflects a compensation grant, not a market purchase. Amy Simon received 31,750 restricted stock units for no cash consideration, as part of Beam’s 2019 Equity Incentive Plan, rather than buying or selling shares on the open market.
What plan governed Amy Simon’s RSU grant at Beam Therapeutics (BEAM)?
The RSU grant to Amy Simon was made under the Beam Therapeutics Inc. 2019 Equity Incentive Plan. This plan allows the company to issue stock-based awards like restricted stock units to align executive compensation with long-term shareholder interests.