Belite Bio (BLTE) CEO & Chairman reports 1.25M shares, including vested awards
Rhea-AI Filing Summary
Belite Bio, Inc. reports a beneficial ownership statement for Yu-Hsin Lin. The filing shows 1,253,935 Ordinary Shares beneficially owned by Mr. Lin, equal to 3.1% of the class. The filing states the company had 40,085,091 Ordinary Shares outstanding as of March 31, 2026.
The notes state Mr. Lin is deemed to hold a total of 2,728,462 Ordinary Shares when including (i) 353,083 shares directly held, (ii) 900,852 shares underlying vested or soon-to-vest options and RSUs, and (iii) 1,474,527 shares held indirectly through Lin BioScience, Inc. Mr. Lin disclaims investment and disposition power over the indirect holdings.
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Insights
Insider ownership disclosure clarifies direct, derivative, and indirect holdings.
The amendment lists 1,253,935 Ordinary Shares as the amount Mr. Lin reports having sole voting and dispositive power over, representing 3.1% of the class based on 40,085,091 outstanding shares as of March 31, 2026. It also details an expanded beneficial position of 2,728,462 shares when vested options and indirect holdings are included.
Key dependencies are the vesting schedule for 900,852 share-equivalents and the reporting person’s disclaimer about indirect holdings through Lin BioScience, Inc. Subsequent filings will show changes if vested options are exercised or indirect holdings shift.
Disclosure follows beneficial-ownership conventions and clarifies voting/disposition powers.
The filing specifies sole voting and sole dispositive power over 1,253,935 shares and records the calculation basis that includes share equivalents that vest within 60 days. It preserves the reporting person’s disclaimer regarding 1,474,527 indirectly held shares.
Compliance implications: the statement aligns ownership calculations with the issuer-provided outstanding share count. Future Schedule 13 filings will reflect any exercises, vesting, or transfers that change these counts.
Key Figures
Key Terms
beneficially owned regulatory
restricted stock units (RSUs) financial
disclaims investment and disposition power regulatory
vesting within 60 days financial
AI-generated analysis. How Rhea-AI works. Not financial advice.