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Bicara Therapeutics (BCAX) CEO exercises options and sells 10,000 shares under 10b5-1 plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bicara Therapeutics Inc. director and Chief Executive Officer Claire Mazumdar exercised options to acquire 10,000 shares of common stock at $3.7898 per share, then sold 10,000 shares in open-market transactions on July 10, 2026, pursuant to a Rule 10b5-1 trading plan adopted on March 31, 2026, and continues to hold shares directly.

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Insider Mazumdar Claire
Role Chief Executive Officer
Sold 10,000 shs ($284K)
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 10,000 $0.00 --
Exercise Common Stock 10,000 $3.7898 $38K
Sale Common Stock 9,972 $28.4163 $283K
Sale Common Stock 28 $29.68 $831.04
Holdings After Transaction: Stock Option (Right to Buy) — 120,546 shares (Direct); Common Stock — 372,152 shares (Direct)
Footnotes (1)
  1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on March 31, 2026. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $28.13 to $28.81, 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.
Shares sold 10,000 shares Total BCAX common shares sold in open-market transactions on 2026-07-10
Sale price (small lot) $29.68 per share Price for sale of 28 BCAX common shares on 2026-07-10
Weighted-average sale price $28.4163 per share Weighted-average price for sale of 9,972 BCAX shares on 2026-07-10; trades ranged $28.13–$28.81
Options exercised 10,000 shares Common shares acquired via option exercise on 2026-07-10
Option exercise price $3.7898 per share Conversion price for Stock Option (Right to Buy) underlying 10,000 BCAX shares
Common shares held after sale 362,152 shares Direct BCAX common stock holdings reported following one of the 2026-07-10 sales
Options remaining 120,546 shares Option shares remaining under the reported Stock Option (Right to Buy) after the 10,000-share exercise
Option expiration April 5, 2033 Expiration date of the Stock Option (Right to Buy) related to the exercised shares
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on March 31, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"The shares underlying this option vest in sixteen equal quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did BCAX CEO Claire Mazumdar report on July 10, 2026?

Claire Mazumdar reported exercising options for 10,000 Bicara Therapeutics (BCAX) shares at $3.7898 and selling 10,000 common shares in open-market transactions on July 10, 2026, while continuing to hold a direct equity position.

How many BCAX shares did Claire Mazumdar sell and at what prices?

Claire Mazumdar sold 10,000 Bicara Therapeutics (BCAX) common shares, including 28 shares at $29.68 and 9,972 shares at a weighted-average price of $28.4163, with individual trades executed between $28.13 and $28.81 per share.

What stock options did the BCAX CEO exercise in the reported Form 4?

The CEO exercised a Stock Option (Right to Buy) for 10,000 BCAX shares at a conversion price of $3.7898 per share. Following this exercise, 120,546 option shares associated with this option grant remained outstanding, expiring on April 5, 2033.

Were the July 10, 2026 BCAX share sales by the CEO under a trading plan?

Yes. The reported open-market sales of Bicara Therapeutics (BCAX) common stock were executed pursuant to a Rule 10b5-1 trading plan that Claire Mazumdar adopted on March 31, 2026, indicating the transactions were pre-arranged rather than opportunistic.

How many BCAX common shares does the CEO hold after the reported transactions?

After one of the July 10, 2026 sales, Claire Mazumdar held 362,152 BCAX common shares directly, as reported as the total shares following that transaction, and she continues to report direct ownership of Bicara Therapeutics common stock.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mazumdar Claire

(Last)(First)(Middle)
BICARA THERAPEUTICS INC.
116 HUNTINGTON AVENUE, SUITE 703

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bicara Therapeutics Inc. [ BCAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/10/2026M(1)10,000A$3.7898372,152D
Common Stock07/10/2026S(1)9,972D$28.4163(2)362,180D
Common Stock07/10/2026S(1)28D$29.68362,152D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$3.789807/10/2026M(1)10,000 (3)04/05/2033Common Stock10,000$0120,546D
Explanation of Responses:
1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on March 31, 2026.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $28.13 to $28.81, 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.
3. 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.
Remarks:
/s/ Ryan Cohlhepp, Attorney-in-Fact07/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)