Belite Bio CMO reports option and share holdings
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
BELITE BIO, INC Chief Medical Officer Hendrik Peter Scholl filed an initial ownership report showing indirect equity positions held through Bioptima Ltd. These include stock options over 100,000, 75,000 and 40,000 ordinary shares with exercise prices of 48.6800, 54.8800 and 158.3600, expiring between 2034 and 2036, plus 35,000 ordinary shares. Footnotes describe time-based vesting, with portions of these options vesting around September 1, 2025 and January 9 in 2027, 2028 and 2029, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Stock Option (right to buy) | -- | -- | -- |
| Holding | Stock Option (right to buy) | -- | -- | -- |
| Holding | Stock Option (right to buy) | -- | -- | -- |
| Holding | Ordinary Share | -- | -- | -- |
Footnotes (3)
- F1. The option shall vest (i) as to 50,000 ordinary shares on the first anniversary of September 1, 2024, and (ii) as to 50,000 ordinary shares in 24 equal and continuous monthly installments for each full month following the first anniversary of September 1, 2024, subject to continued service to the Issuer on each such date.
- F2. The option shall vest (i) as to 12,500 ordinary shares on September 1, 2025, and (ii) as to 62,500 ordinary shares in 30 equal and continuous monthly installments for each full month following September 1, 2025, subject to continued service to the Issuer on each such date.
- F3. The option shall vest (i) as to 13,333 ordinary shares on January 9, 2027, (ii) as to 13,333 ordinary shares on January 9, 2028, and (iii) as to 13,334 ordinary shares on January 9, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Belite Bio (BLTE) Chief Medical Officer report on this Form 3?
How many Belite Bio (BLTE) options does the CMO hold through Bioptima Ltd.?
What are the exercise prices and expirations of the Belite Bio (BLTE) options?
How do the Belite Bio (BLTE) option vesting schedules work for the CMO?
Are the Belite Bio (BLTE) holdings on this Form 3 direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.