Belite Bio (BLTE) CSO sells 1,000 ADS in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Belite Bio Chief Scientific Officer Nathan L. Mata sold 1,000 American depositary shares of the company on April 23, 2026. The sales were open-market transactions at prices ranging from about $164 to $170 per ADS and were executed under a Rule 10b5-1 trading plan adopted on 12/10/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($166,284)
Net Sell
6 txns
Insider
MATA NATHAN L.
Role
Chief Scientific Officer
Sold
1,000 shs ($166K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary share | 267 | $164.4734 | $44K |
| Sale | American depositary share | 158 | $165.3759 | $26K |
| Sale | American depositary share | 127 | $166.5609 | $21K |
| Sale | American depositary share | 373 | $167.3743 | $62K |
| Sale | American depositary share | 54 | $168.4339 | $9K |
| Sale | American depositary share | 21 | $169.5567 | $4K |
Holdings After Transaction:
American depositary share — 10,399 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 $164.03 to $164.99. 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 $165.02 to $165.915. 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 to $166.9. 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 $167.01 to $167.92. 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 $168.15 to $168.92. 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 $169.55 to $169.69. 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 shares sold: 1,000 American depositary shares
Highest sale price: $169.69 per ADS
Lowest sale price: $164.03 per ADS
+3 more
6 metrics
Total shares sold
1,000 American depositary shares
Aggregate insider sales on April 23, 2026
Highest sale price
$169.69 per ADS
Upper end of disclosed weighted-average price range
Lowest sale price
$164.03 per ADS
Lower end of disclosed weighted-average price range
Individual transaction price example
$169.5567 per ADS
One reported open-market sale price on April 23, 2026
Rule 10b5-1 plan adoption date
12/10/2025
Date trading plan for these sales was adopted
ADS to ordinary share ratio
1 ADS = 1 ordinary share
From Form 4 footnote on American depositary shares
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"
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 $164.03 to $164.99"
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 in this Form 4?
Belite Bio reported that Chief Scientific Officer Nathan L. Mata sold 1,000 American depositary shares in open-market transactions on April 23, 2026, according to the Form 4 insider trading report filed with the SEC.
Was the Belite Bio (BLTE) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/10/2025, indicating the transactions were pre-arranged rather than discretionary trades timed on the transaction date.
What security class did the Belite Bio (BLTE) insider transactions involve?
All reported transactions involved Belite Bio American depositary shares. A footnote explains that each American depositary share represents one ordinary share of the issuer with a par value of US$0.0001 per share.
Who is the Belite Bio (BLTE) insider involved in this Form 4?
The reporting person is Nathan L. Mata, Belite Bio’s Chief Scientific Officer. The Form 4 identifies him as an officer of the company and shows that the reported sales were made from his direct holdings of American depositary shares.