Belite Bio (NASDAQ: BLTE) CSO sells 1,000 ADS under 10b5-1 plan
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 of the company in open-market transactions. The Form 4 shows nine sales of Belite Bio ADS on April 22, 2026, at weighted average prices ranging from about $165.64 to $173.16. The filing states these trades were made under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2025. Each ADS represents one ordinary share of Belite Bio.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($170,384)
Net Sell
9 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 31 | $165.701 | $5K |
| Sale | American depositary share | 20 | $166.32 | $3K |
| Sale | American depositary share | 141 | $167.4206 | $24K |
| Sale | American depositary share | 101 | $168.6355 | $17K |
| Sale | American depositary share | 105 | $169.5236 | $18K |
| Sale | American depositary share | 75 | $170.5833 | $13K |
| Sale | American depositary share | 257 | $171.615 | $44K |
| Sale | American depositary share | 249 | $172.4901 | $43K |
| Sale | American depositary share | 21 | $173.041 | $4K |
Holdings After Transaction:
American depositary share — 11,635 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 $165.64 to $165.71. 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 $166.19 to $166.71. 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 $167.08 to $167.86. 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 $168 to $168.9. 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 $169.08 to $169.78. 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 $170 to $170.93. 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 $171.01 to $171.99. 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 $172 to $172.99. 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 $173 to $173.16. 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 ADS
Price range low: $165.64 per ADS
Price range high: $173.16 per ADS
+3 more
6 metrics
Shares sold
1,000 ADS
Total American depositary shares sold on April 22, 2026
Price range low
$165.64 per ADS
Lowest weighted average sale price bucket disclosed
Price range high
$173.16 per ADS
Highest weighted average sale price bucket disclosed
Rule 10b5-1 plan adoption date
December 10, 2025
Plan governing the April 22, 2026 sales
Number of transactions
9 sales
Open-market sale entries reported in Form 4
ADS to ordinary share ratio
1 ADS : 1 ordinary share
Each ADS represents one ordinary share
Key Terms
American depositary share, Rule 10b5-1 trading plan, open-market sale, weighted average price
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.
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.
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.
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 in open-market trades. The sales occurred on April 22, 2026, across multiple price buckets, according to the company’s Form 4 insider filing.
At what prices did Nathan L. Mata sell Belite Bio (BLTE) ADS?
Nathan L. Mata’s trades used weighted average prices ranging from about $165.64 to $173.16 per American depositary share. Footnotes explain each weighted average covers several individual sales within the stated price range.
Was the Belite Bio (BLTE) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan adopted by Nathan L. Mata on December 10, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing.
How many individual transactions did the Belite Bio (BLTE) Form 4 include?
The Form 4 lists nine separate open-market sale transactions in Belite Bio American depositary shares. Together they total 1,000 ADS, all executed on April 22, 2026, according to the transaction summary in the filing.