Belite Bio (BLTE) CSO preplanned sale of 1,000 American depositary shares
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 Trade Summary 10b5-1
| 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 |
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 $158.09 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.