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 a total of 1,000 American depositary shares in open-market transactions on April 29, 2026. The sales occurred at weighted average prices ranging from about $154.22 to $158.21, according to the filing footnotes.
The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2025. After these sales, Mata directly holds 5,666 ADS of Belite Bio.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($155,817)
Net Sell
5 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($156K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 278 | $154.578 | $43K |
| Sale | American depositary share | 259 | $155.5228 | $40K |
| Sale | American depositary share | 339 | $156.4304 | $53K |
| Sale | American depositary share | 102 | $157.3859 | $16K |
| Sale | American depositary share | 22 | $158.1941 | $3K |
Holdings After Transaction:
American depositary share — 6,388 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 $154.22 to $154.96. 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 $155.02 to $155.99. 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 $156 to $156.96. 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 to $157.9. 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 $158.03 to $158.21. 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
Post-transaction holdings: 5,666 ADS
Lowest weighted average sale price range: $154.22–$154.96
+3 more
6 metrics
Shares sold
1,000 ADS
Open-market sales on April 29, 2026 by CSO Nathan L. Mata
Post-transaction holdings
5,666 ADS
Direct ownership after the reported sales
Lowest weighted average sale price range
$154.22–$154.96
Price range referenced in a Form 4 footnote
Highest weighted average sale price range
$158.03–$158.21
Price range referenced in a Form 4 footnote
Number of sale transactions
5 sales
Non-derivative open-market sales of ADS
Trading plan adoption date
December 10, 2025
Date CSO adopted Rule 10b5-1 trading plan
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 by the reporting person on 12/10/2025."
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 $154.22 to $154.96."
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 ADS. The Form 4 shows open-market sales of American depositary shares totaling 1,000 on April 29, 2026, executed in several trades at different prices.
Were the Belite Bio (BLTE) insider sales under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were made under a Rule 10b5-1 trading plan. A footnote explains the plan was adopted by Nathan L. Mata on December 10, 2025, indicating the transactions were pre-arranged rather than opportunistic.
What type of security did the Belite Bio (BLTE) CSO sell in this Form 4?
The transactions involved American depositary shares (ADS) of Belite Bio. Each ADS represents one ordinary share with a par value of US$0.0001 per share, according to the filing’s footnote describing the structure of the securities.
How many separate sale transactions did the Belite Bio (BLTE) Form 4 report?
The Form 4 reports five separate open-market sale transactions. The transaction summary shows five sales totaling 1,000 ADS, each at slightly different weighted average prices within specified trading ranges on April 29, 2026.