Belite Bio (BLTE) CSO offloads 1,000 ADS in Rule 10b5-1 sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Belite Bio Chief Scientific Officer Nathan L. Mata reported selling a total of 1,000 American depositary shares (ADS) of BELITE BIO, INC in multiple open-market transactions. The sales occurred on May 6, 2026 at prices ranging from about $151.57 to $156.00 per ADS. Each ADS represents one ordinary share of the company. The filing notes that these transactions were made under a Rule 10b5-1 trading plan adopted on December 10, 2025, indicating they were pre-arranged rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($153,839)
Net Sell
6 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($154K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 8 | $151.57 | $1K |
| Sale | American depositary share | 424 | $152.6717 | $65K |
| Sale | American depositary share | 128 | $153.4183 | $20K |
| Sale | American depositary share | 240 | $154.4117 | $37K |
| Sale | American depositary share | 100 | $155.97 | $16K |
| Sale | American depositary share | 100 | $156.00 | $16K |
Holdings After Transaction:
American depositary share — 1,658 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 $151.17 to $151.97. 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 $152.25 to $152.99. 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 $153 to $153.98. 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 $154.02 to $154.64. 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
Total ADS sold: 1,000 American depositary shares
Sale price range: $151.57–$156.00 per ADS
Number of sale transactions: 6 transactions
+2 more
5 metrics
Total ADS sold
1,000 American depositary shares
Open-market sales on May 6, 2026
Sale price range
$151.57–$156.00 per ADS
Individual transaction prices disclosed in Form 4
Number of sale transactions
6 transactions
All coded as open-market sales (S) on May 6, 2026
Rule 10b5-1 plan adoption date
December 10, 2025
Plan governing the reported sales
ADS to ordinary share ratio
1 ADS : 1 ordinary share
As stated in Form 4 footnote
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 disclosed that Chief Scientific Officer Nathan L. Mata sold 1,000 American depositary shares in open-market transactions. The trades were executed on May 6, 2026, according to the Form 4 insider filing data provided.
Were the Belite Bio (BLTE) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states the sales were effected under 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.