STOCK TITAN

Belite Bio (BLTE) CSO preplanned sale of 1,000 American depositary shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Belite Bio, Inc. Chief Scientific Officer Nathan L. Mata sold a total of 1,000 American depositary shares in open-market transactions. The sales took place on April 17, 2026 at prices generally ranging from about $158 to $163 per share.

Each American depositary share represents one ordinary share of Belite Bio. The filing states that these sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2025, indicating the transactions were scheduled in advance rather than timed discretionarily.

Positive

  • None.

Negative

  • None.

Insights

Pre-planned, modest insider sale with limited signaling value.

The Belite Bio Chief Scientific Officer sold 1,000 American depositary shares on April 17, 2026 through multiple open-market trades. Prices ranged from about $158 to $163, and no derivative exercises or new awards appear in this filing.

The transactions were executed under a Rule 10b5-1 trading plan adopted on December 10, 2025, suggesting they were scheduled in advance as part of routine liquidity management. With no derivative positions reported and only net-sell activity of 1,000 shares, this filing reads as an administrative disclosure rather than a thesis-changing event.

Insider MATA NATHAN L.
Role Chief Scientific Officer
Sold 1,000 shs ($162K)
Type Security Shares Price Value
Sale American depositary share 32 $158.4563 $5K
Sale American depositary share 52 $159.3838 $8K
Sale American depositary share 226 $160.5474 $36K
Sale American depositary share 274 $161.4092 $44K
Sale American depositary share 216 $162.4833 $35K
Sale American depositary share 200 $163.325 $33K
Holdings After Transaction: American depositary share — 14,634 shares (Direct, null)
Footnotes (1)
  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 $158.09 to $158.89. 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 $159.07 to $159.995. 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 $160.00 to $160.995. 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 $161.01 to $161.92. 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 $162.55. 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 $163.27 to $163.38. 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.
Shares sold 1,000 American depositary shares Total net shares sold on April 17, 2026
Lowest price range $158.09–$158.89 per share Weighted average price band in one sale footnote
Highest price range $163.27–$163.38 per share Weighted average price band in another sale footnote
10b5-1 plan adoption date December 10, 2025 Date the pre-arranged trading plan was adopted
Security structure 1 ADS = 1 ordinary share Each American depositary share represents one ordinary share
American depositary share financial
"Each American depositary share represents one ordinary share, par value US$0.0001 per share, of the issuer."
An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.
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 $158.09 to $158.89."
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MATA NATHAN L.

(Last)(First)(Middle)
7708 MARKER ROAD

(Street)
SAN DIEGO CALIFORNIA 92130

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BELITE BIO, INC [ BLTE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Scientific Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
American depositary share(1)04/17/2026S(2)32D$158.4563(3)14,634D
American depositary share(1)04/17/2026S(2)52D$159.3838(4)14,582D
American depositary share(1)04/17/2026S(2)226D$160.5474(5)14,356D
American depositary share(1)04/17/2026S(2)274D$161.4092(6)14,082D
American depositary share(1)04/17/2026S(2)216D$162.4833(7)13,866D
American depositary share(1)04/17/2026S(2)200D$163.325(8)13,666D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each American depositary share represents one ordinary share, par value US$0.0001 per share, of the issuer.
2. 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.
3. Represents the weighted average price of shares sold at prices that ranged from $158.09 to $158.89. 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.
4. Represents the weighted average price of shares sold at prices that ranged from $159.07 to $159.995. 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.
5. Represents the weighted average price of shares sold at prices that ranged from $160.00 to $160.995. 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.
6. Represents the weighted average price of shares sold at prices that ranged from $161.01 to $161.92. 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.
7. Represents the weighted average price of shares sold at prices that ranged from $162.01 to $162.55. 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.
8. Represents the weighted average price of shares sold at prices that ranged from $163.27 to $163.38. 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.
/s/ Nathan L. Mata04/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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 on April 17, 2026 in multiple open-market transactions, according to the Form 4 insider trading report filed with regulators.

At what prices did the Belite Bio (BLTE) CSO sell shares?

The CSO’s sales occurred at weighted average prices within several ranges, with reported price bands from about $158.09 up to $163.38 per American depositary share, based on the detailed price ranges described in the Form 4 footnotes.

How many Belite Bio (BLTE) shares did the CSO sell in total?

Across six open-market transactions, the Chief Scientific Officer sold a combined 1,000 American depositary shares. Each American depositary share represents one ordinary share of Belite Bio, according to the Form 4 disclosure language.

Were the Belite Bio (BLTE) insider sales made under a Rule 10b5-1 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, indicating the transactions were pre-arranged rather than timed opportunistically.

What type of security did the Belite Bio (BLTE) insider sell?

The insider sold American depositary shares of Belite Bio. A Form 4 footnote explains that each American depositary share represents one ordinary share of the issuer, with a par value of US$0.0001 per share.