Belite Bio (BLTE) CSO sells 1,000 ADS under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Belite Bio chief scientific officer Nathan L. Mata reported open‑market sales of 1,000 American depositary shares (ADS) of the company. The transactions occurred on April 24 and were executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 10, 2025.
The ADS were sold in multiple trades at prices including $162.53 and various weighted average prices in the high‑$150s to low‑$160s. Following these sales, Mata directly owns 8,666 ADS, each representing one ordinary share of Belite Bio.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($159,556)
Net Sell
6 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 74 | $157.8646 | $12K |
| Sale | American depositary share | 190 | $158.6468 | $30K |
| Sale | American depositary share | 375 | $159.4601 | $60K |
| Sale | American depositary share | 330 | $160.3979 | $53K |
| Sale | American depositary share | 28 | $161.2216 | $5K |
| Sale | American depositary share | 3 | $162.53 | $487.59 |
Holdings After Transaction:
American depositary share — 9,592 shares (Direct, null)
Footnotes (1)
- Each American depositary share represents one ordinary share, par value US$0.0001 per share, of the issuer. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/10/2025. Represents the weighted average price of shares sold at prices that ranged from $157.81 to $157.9928. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $158.025 to $158.97. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $159.0063 to $159.9623. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $160 to $160.85. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of shares sold at prices that ranged from $161.08 to $161.3562. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Key Figures
ADS sold: 1,000 ADS
Sample sale price: $162.53 per ADS
Post-transaction holdings: 8,666 ADS
+2 more
5 metrics
ADS sold
1,000 ADS
Total American depositary shares sold on April 24 in open-market trades
Sample sale price
$162.53 per ADS
Price for one of the reported open-market ADS sales
Post-transaction holdings
8,666 ADS
Directly owned by Nathan L. Mata after reported sales
Par value per ordinary share
US$0.0001
Par value of each ordinary share represented by one ADS
Number of sale transactions
6 transactions
Non-derivative open-market sales reported in the Form 4
Key Terms
American depositary share, Rule 10b5-1 trading plan, weighted average price, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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
"Represents the weighted average price of shares sold at prices that ranged from"
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.
open-market sale financial
"transaction_action: "open-market sale" for each non-derivative transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Belite Bio (BLTE) report for Nathan L. Mata?
Belite Bio reported that chief scientific officer Nathan L. Mata sold 1,000 American depositary shares. The sales occurred in multiple open‑market transactions on April 24 and were reported on a Form 4 insider filing with the SEC.
At what prices did Nathan L. Mata sell Belite Bio (BLTE) ADS?
Nathan L. Mata’s Belite Bio ADS sales included a trade at $162.53 and several trades at weighted average prices in the high‑$150s to low‑$160s. Detailed breakdowns by exact price are available from the company, the SEC staff, or any security holder on request.
Was the Belite Bio (BLTE) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states that Nathan L. Mata’s sales were executed under a Rule 10b5‑1 trading plan adopted on December 10, 2025. Such plans allow pre‑scheduled trades, helping insiders diversify holdings while following securities regulations and internal trading policies.
What security did Nathan L. Mata trade in the Belite Bio (BLTE) filing?
The transactions involved Belite Bio American depositary shares, each representing one ordinary share of the issuer. These ADS are listed equity instruments, and the filing confirms the par value of the underlying ordinary shares is US$0.0001 per share.
How many separate sale transactions did the Belite Bio (BLTE) Form 4 include?
The Form 4 lists six separate open‑market sale transactions for Belite Bio ADS. Together they total 1,000 shares sold, all on April 24, and are categorized as non‑derivative transactions involving the company’s American depositary shares.