Belite Bio (NASDAQ: BLTE) CSO sells 1,000 ADS in pre-set trades
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 on April 16, 2026. The trades were executed at prices within ranges from about $158.16 to $164.22 per share.
The filing states these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2025, which allows preset selling of shares over time. All transactions involved American depositary shares, each representing one ordinary share of Belite Bio.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($160,381)
Net Sell
7 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 216 | $158.2784 | $34K |
| Sale | American depositary share | 219 | $159.8132 | $35K |
| Sale | American depositary share | 201 | $160.3475 | $32K |
| Sale | American depositary share | 240 | $161.6097 | $39K |
| Sale | American depositary share | 76 | $162.2638 | $12K |
| Sale | American depositary share | 36 | $163.2111 | $6K |
| Sale | American depositary share | 12 | $164.1233 | $2K |
Holdings After Transaction:
American depositary share — 15,450 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 $158.16 to $158.555. 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 $159.12 to $159.9975. 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 $160.00 to $160.80. 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 $161.99. 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 $162.01 to $162.995. 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 $163.03 to $163.62. 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 $164.06 to $164.22. 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
Shares sold: 1,000 American depositary shares
Lowest disclosed price range: $158.16–$158.555 per share
Highest disclosed price range: $164.06–$164.22 per share
+2 more
5 metrics
Shares sold
1,000 American depositary shares
Total open-market sales on April 16, 2026
Lowest disclosed price range
$158.16–$158.555 per share
Weighted average sale price range for one transaction group
Highest disclosed price range
$164.06–$164.22 per share
Weighted average sale price range for one transaction group
Number of sale transactions
7 transactions
Non-derivative open-market sales reported in Form 4
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, 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""
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) disclose in this Form 4?
Belite Bio reported that Chief Scientific Officer Nathan L. Mata sold 1,000 American depositary shares on April 16, 2026. The transactions were open-market sales executed in multiple small blocks at prices around $158–$164 per share.
How many individual transactions did the Belite Bio (BLTE) insider execute?
The insider filing lists seven separate open-market sale transactions in American depositary shares on April 16, 2026. Together they total 1,000 shares sold, with each line item reflecting a different weighted average sale price and small share amount.
What security was involved in Nathan L. Mata’s BLTE insider trades?
All reported transactions involved American depositary shares of Belite Bio. The filing notes that each American depositary share represents one ordinary share of the issuer, with a par value of US$0.0001 per ordinary share.
Does this BLTE Form 4 include any option exercises or derivative transactions?
No. The insider activity disclosed consists solely of non-derivative open-market sales of American depositary shares. The derivative transaction summary in the filing is empty, indicating no option exercises, conversions, or other derivative-related transactions were reported.