BeiGene CEO Oyler Holds 71.46M Shares, Signals Strong Insider Confidence
Ticker: BEIGF · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1651308
| Field | Detail |
|---|---|
| Company | Beigene, LTD. (BEIGF) |
| Form Type | SC 13G/A |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: insider-ownership, executive-stake, amendment, pharmaceuticals
TL;DR
**BeiGene CEO John Oyler owns 71.46M shares, a huge vote of confidence!**
AI Summary
John V. Oyler, CEO of BeiGene, Ltd., filed an amended SC 13G/A on February 5, 2024, disclosing his beneficial ownership of 71,464,808 ordinary shares as of December 31, 2023. This represents a significant stake, giving him sole voting and dispositive power over these shares. This matters to investors because it shows strong insider alignment and confidence from the company's top executive, potentially signaling a positive outlook for BeiGene's future performance.
Why It Matters
This filing confirms the CEO's substantial personal investment in BeiGene, which can be a strong indicator of his belief in the company's long-term success and strategic direction.
Risk Assessment
Risk Level: low — High insider ownership by a CEO typically reduces investment risk as their interests are closely aligned with shareholders.
Analyst Insight
A smart investor would view this significant insider ownership as a positive signal, suggesting strong leadership confidence and alignment with shareholder interests, potentially warranting further research into BeiGene's fundamentals.
Key Numbers
- 71,464,808 — Ordinary Shares (Total shares beneficially owned by John V. Oyler, demonstrating his significant stake in BeiGene.)
- 07725L102 — CUSIP Number (Identifies BeiGene's Ordinary Shares, with each ADS representing 13 Ordinary Shares.)
Key Players & Entities
- John V. Oyler (person) — Reporting Person, CEO of BeiGene, Ltd.
- BeiGene, Ltd. (company) — Subject Company, pharmaceutical preparations
- 71,464,808 (dollar_amount) — Number of shares beneficially owned by John V. Oyler
- December 31, 2023 (date) — Date of event requiring the filing
- February 5, 2024 (date) — Filing date of the SC 13G/A
Forward-Looking Statements
- John V. Oyler's continued high ownership stake suggests he will remain actively involved in BeiGene's strategic direction. (John V. Oyler) — high confidence, target: 2025-12-31
FAQ
Who is the reporting person in this SC 13G/A filing for BeiGene, Ltd.?
The reporting person is John V. Oyler, who is also identified as having a business address related to Genta Inc. in San Diego, CA, though the filing primarily concerns his ownership in BeiGene, Ltd.
What is the total number of shares beneficially owned by John V. Oyler as reported in this filing?
John V. Oyler beneficially owns 71,464,808 ordinary shares of BeiGene, Ltd., as stated in item 9 of the filing.
What type of power does John V. Oyler have over these shares?
John V. Oyler has sole voting power over 71,464,808 shares and sole dispositive power over 71,464,808 shares, as detailed in items 5 and 7 of the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page of the SC 13G/A.
Which rule under the Securities Exchange Act of 1934 is this Schedule 13G filed under?
This Schedule 13G is filed under Rule 13d-1(d), as indicated by the 'x' next to the rule on the cover page.
Filing Stats: 1,120 words · 4 min read · ~4 pages · Grade level 8.6 · Accepted 2024-02-05 16:12:36
Key Financial Figures
- $0.0001 — of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- a20240205schedule13gajvo20.htm (SC 13G/A) — 47KB
- 0001042047-24-000003.txt ( ) — 48KB
If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a
Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a This statement is not filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c).
Ownership
Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned 71,464,808 Consists of (i) 1,292,262 ordinary shares held directly by Mr. Oyler (ii) 9,545,000 ordinary shares held for the benefit of Mr. Oyler in a Roth IRA PENSCO trust account (iii) 102,188 ordinary shares held by The John Oyler Legacy Trust, of which Mr. Oyler's father is a trustee, for the benefit of his minor child, for which Mr. Oyler disclaims beneficial ownership (iv) 7,727,927 ordinary shares held in a grantor retained annuity trust, of which Mr. Oyler's father is a trustee, for which Mr. Oyler disclaims beneficial ownership (v) 28,984,115 ordinary shares held by Oyler Investment LLC, 99% of the limited liability company interest owned by a grantor retained annuity trust, of which Mr. Oyler's father is a trustee, for which Mr. Oyler disclaims beneficial ownership (vi) 481,533 ordinary shares held by the PO Trust, the beneficiaries of which include Mr. Oyler's minor child and others, for which Mr. Oyler disclaims beneficial ownership (vii) 1,387,802 ordinary shares held by a private foundation of which Mr. Oyler, Victoria Pan and the other(s) serve as directors, for which Mr. Oyler disclaims beneficial ownership and (viii) 21,943,981 shares issuable to Mr. Oyler upon exercise of share options or restricted share units exercisable or vesting within 60 days after December 31, 2023. (b) Percent of class 5.2% (c) Number of shares as to which such person has (i) Sole power to vote or to direct the vote See Cover Pages Items 5-9. (ii) Shared power to vote or to direct the vote See Cover Pages Items 5-9. (iii) Sole power to dispose or to direct the disposition of See Cover Pages Items 5-9. (iv) Shared power to dispose or to direct the disposition of See Cover Pages Items 5-9. INSTRUCTION. For computations regarding securities which represent a r
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class Not applicable.
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable.
Certification
Item 10. Certification Not applicable. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date February 5, 2024 JOHN V. OYLER By s John V. Oyler Name John V. Oyler