Belite Bio (BLTE) CSO sells 1,000 ADS in planned open-market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Belite Bio Chief Scientific Officer Nathan L. Mata sold 1,000 American depositary shares (ADS) of BELITE BIO, INC in open-market transactions on April 28, 2026. The ADS were sold in multiple small trades at weighted average prices ranging from $154.62 to $162.59 per ADS.
The sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the executive on December 10, 2025, indicating they were scheduled in advance. Following these transactions, he directly owned 7,654 ADS of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($159,162)
Net Sell
9 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($159K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 12 | $154.6467 | $2K |
| Sale | American depositary share | 8 | $155.3588 | $1K |
| Sale | American depositary share | 53 | $156.6117 | $8K |
| Sale | American depositary share | 222 | $157.487 | $35K |
| Sale | American depositary share | 62 | $158.7107 | $10K |
| Sale | American depositary share | 380 | $159.4192 | $61K |
| Sale | American depositary share | 120 | $160.2742 | $19K |
| Sale | American depositary share | 89 | $161.7207 | $14K |
| Sale | American depositary share | 54 | $162.1424 | $9K |
Holdings After Transaction:
American depositary share — 7,654 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 $154.62 to $154.78. 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 $155.205 to $155.41. 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 $156.32 to $156.95. 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 $157.01 to $157.98. 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 $158.18 to $158.99. 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 to $159.97. 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 $160.01 to $160.93. 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 $161.31 to $161.95. 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 $162 to $162.59. 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
Price range: $154.62–$162.59 per ADS
Post-transaction holdings: 7,654 ADS
+2 more
5 metrics
ADS sold
1,000 ADS
Total American depositary shares sold on April 28, 2026
Price range
$154.62–$162.59 per ADS
Weighted average sale price ranges from footnotes
Post-transaction holdings
7,654 ADS
Directly owned by CSO after the reported sales
Single largest block
380 ADS at $159.4192
Largest individual tranche of open-market sales
Trading plan adoption date
December 10, 2025
Date Rule 10b5-1 trading plan was adopted
Key Terms
American depositary share, Rule 10b5-1 trading plan, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted"
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 $154.62 to $154.78"
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.
FAQ
What insider transaction did BLTE report for its Chief Scientific Officer?
Belite Bio reported that Chief Scientific Officer Nathan L. Mata sold 1,000 American depositary shares in open-market trades on April 28, 2026. The sales were broken into several small transactions at different prices but all occurred on the same date.
At what prices did the Belite Bio (BLTE) CSO sell his ADS?
The Chief Scientific Officer’s 1,000 American depositary shares were sold at weighted average prices ranging from $154.62 to $162.59 per ADS. Individual trades within each range occurred at slightly different prices around those averages, as disclosed in the filing’s footnotes.
Was the BLTE insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing for these transactions.
How many Belite Bio ADS does the CSO hold after these reported sales?
After completing the April 28, 2026 transactions, Chief Scientific Officer Nathan L. Mata directly owned 7,654 American depositary shares. This post-transaction holding level is disclosed in the Form 4 and shows he retained a meaningful equity stake in Belite Bio.