Belite Bio (NASDAQ: BLTE) CSO pre-planned sale of 1,000 ADS disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Belite Bio Chief Scientific Officer Nathan L. Mata reported open‑market sales of a total of 1,000 American depositary shares on April 21, 2026 at prices within ranges from $163.26 to $167.94. Each ADS represents one ordinary share of the company.
The transactions were executed under a pre‑arranged Rule 10b5-1 trading plan adopted on December 10, 2025. Following these sales, Mata holds 12,602 American depositary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($166,000)
Net Sell
5 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($166K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 64 | $163.4948 | $10K |
| Sale | American depositary share | 78 | $164.6006 | $13K |
| Sale | American depositary share | 332 | $165.4935 | $55K |
| Sale | American depositary share | 312 | $166.4858 | $52K |
| Sale | American depositary share | 214 | $167.3386 | $36K |
Holdings After Transaction:
American depositary share — 12,602 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 $163.26 to $163.88. 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 $164.11 to $164.93. 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 $165.09 to $165.98. 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 $166.07 to $166.98. 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 $167.01 to $167.94. 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
Post-transaction holdings: 12,602 American depositary shares
Price range of sales: $163.26 to $167.94 per ADS
+2 more
5 metrics
Total ADS sold
1,000 American depositary shares
Open-market sales on April 21, 2026
Post-transaction holdings
12,602 American depositary shares
Directly held by Nathan L. Mata after sales
Price range of sales
$163.26 to $167.94 per ADS
Ranges cited in footnotes for April 21, 2026 trades
Single reported trade size
332 ADS at $165.4935
One of five reported open-market sale tranches
Largest reported tranche
332 ADS
Maximum shares in a single transaction entry on April 21, 2026
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 $163.26 to $163.88."
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) disclose in this Form 4?
Belite Bio disclosed that Chief Scientific Officer Nathan L. Mata sold 1,000 American depositary shares on April 21, 2026. The sales were executed in multiple open‑market trades at prices ranging from $163.26 to $167.94 under a pre‑arranged Rule 10b5-1 plan.
Who is the insider involved in the latest Belite Bio (BLTE) Form 4 filing?
The insider is Nathan L. Mata, Chief Scientific Officer of Belite Bio. He reported several open‑market sales totaling 1,000 American depositary shares on April 21, 2026, and now holds 12,602 ADS directly according to the filing.
Does the Belite Bio (BLTE) Form 4 indicate use of a Rule 10b5-1 trading plan?
Yes. The filing states the sales were made under a Rule 10b5-1 trading plan. The plan was adopted by Nathan L. Mata on December 10, 2025, indicating the April 21, 2026 transactions were pre‑scheduled rather than discretionary trades.
What is the insider’s Belite Bio (BLTE) position after the reported sales?
After the reported transactions, Nathan L. Mata directly holds 12,602 American depositary shares. Each ADS represents one ordinary share of Belite Bio, providing a clear view of his remaining direct equity stake following the 1,000-share sale.