Bicara Therapeutics (BCAX) CFO sells 16,518 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bicara Therapeutics Chief Financial Officer Hyep Ivan reported option exercises and share sales in early March 2026. On March 3–4, he exercised stock options to acquire a total of 16,518 shares of common stock at a reported exercise price of $3.7898 per share. He then sold 16,518 common shares in two open-market transactions at weighted-average prices of $18.2154 and $18.2456 per share, under a Rule 10b5-1 trading plan adopted on February 13, 2025.
After these transactions, he directly owned 145,355 shares of Bicara common stock and held stock options covering 79,784 shares, subject to vesting in equal quarterly installments following April 5, 2023 and August 8, 2023, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,518 shares ($300,971)
Net Sell
8 txns
Insider
Hyep Ivan
Role
Chief Financial Officer
Sold
16,518 shs ($301K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,963 | $0.00 | -- |
| Exercise | Common Stock | 2,963 | $3.7898 | $11K |
| Sale | Common Stock | 2,963 | $18.2456 | $54K |
| Exercise | Stock Option (Right to Buy) | 7,318 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 6,237 | $0.00 | -- |
| Exercise | Common Stock | 7,318 | $3.7898 | $28K |
| Exercise | Common Stock | 6,237 | $3.7898 | $24K |
| Sale | Common Stock | 13,555 | $18.2154 | $247K |
Holdings After Transaction:
Stock Option (Right to Buy) — 79,784 shares (Direct);
Common Stock — 148,318 shares (Direct)
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on February 13, 2025. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $18.15 to $18.31, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $18.15 to $18.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected. The shares underlying this option vest in sixteen equal quarterly installments following April 5, 2023, subject to the Reporting Person's continued service on each such vesting date. The shares underlying this option vest in sixteen equal quarterly installments following August 8, 2023, subject to the Reporting Person's continued service on each such vesting date.
FAQ
What did Bicara Therapeutics (BCAX) CFO Hyep Ivan report in this Form 4?
He reported exercising stock options and selling shares. Across March 3–4, 2026, he exercised options for 16,518 Bicara common shares at $3.7898 and sold 16,518 shares in open-market trades at weighted-average prices above $18 under a Rule 10b5-1 plan.
Were the Bicara Therapeutics (BCAX) CFO’s stock sales pre-planned?
Yes, they were made under a Rule 10b5-1 trading plan. A footnote states the transactions were executed pursuant to a Rule 10b5-1 plan adopted on February 13, 2025, indicating a pre-established schedule for trades rather than discretionary same-day decisions.
What is the Bicara Therapeutics (BCAX) CFO’s ownership after these transactions?
He directly holds 145,355 common shares afterward. The filing also reports stock options for 79,784 shares remaining outstanding, which vest in sixteen equal quarterly installments starting after April 5, 2023 and August 8, 2023, subject to continued service conditions.
What are the vesting terms of the Bicara Therapeutics (BCAX) CFO’s stock options?
The options vest in equal quarterly installments. Shares underlying the reported options vest in sixteen equal quarterly installments following April 5, 2023 and August 8, 2023, and each vesting date requires the CFO’s continued service with Bicara Therapeutics to receive the corresponding portion.