Castle Biosciences (CSTL) COO sells 8,586 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Castle Biosciences Chief Operating Officer Kristen M. Oelschlager reported open-market sales of a total of 8,586 shares of Common Stock on July 1, 2026, executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 17, 2026.
The sales were completed in two weighted-average price transactions: 8,186 shares at $24.40 per share and 400 shares at $24.78 per share, across multiple trades within disclosed price ranges. Following these transactions, she holds 21,874 shares directly and 97,251 shares indirectly through the Fritz Shorter Trust, where she and her spouse serve as trustees and beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,586 shares ($209,650)
Net Sell
3 txns
Insider
Oelschlager Kristen M
Role
Chief Operating Officer
Sold
8,586 shs ($210K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,186 | $24.40 | $200K |
| Sale | Common Stock | 400 | $24.78 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,274 shares (Direct, null);
Common Stock — 97,251 shares (Indirect, The Fritz Shorter Trust)
Footnotes (1)
- These transactions were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person, on March 17, 2026. This transaction was executed in multiple trades at prices ranging from $23.73 to $24.72, inclusive. The price reported above reflects the weighted-average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $24.77 to $24.79, inclusive. The price reported above reflects the weighted-average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Held by the Fritz Shorter Trust of which the Reporting Person and her spouse are the trustees and beneficiaries.
Key Figures
Shares sold: 8,586 shares
Weighted-average sale price (8,186 shares): $24.40 per share
Weighted-average sale price (400 shares): $24.78 per share
+4 more
7 metrics
Shares sold
8,586 shares
Total Common Stock sold on July 1, 2026
Weighted-average sale price (8,186 shares)
$24.40 per share
Open-market sale on July 1, 2026
Weighted-average sale price (400 shares)
$24.78 per share
Open-market sale on July 1, 2026
Direct holdings after sale
21,874 shares
Common Stock directly owned after transactions
Indirect trust holdings
97,251 shares
Held via the Fritz Shorter Trust
Price range first transaction
$23.73–$24.72
Multiple trades comprising one reported sale
Price range second transaction
$24.77–$24.79
Multiple trades comprising second reported sale
Key Terms
Rule 10b5-1 plan, weighted-average sale price, open-market sale, indirect ownership
4 terms
Rule 10b5-1 plan regulatory
"These transactions were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted-average sale price financial
"The price reported above reflects the weighted-average sale price"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"Held by the Fritz Shorter Trust of which the Reporting Person and her spouse are the trustees and beneficiaries"
FAQ
What insider transaction did CSTL’s COO report on this Form 4?
Castle Biosciences’ COO, Kristen M. Oelschlager, reported selling 8,586 shares of Common Stock in open-market transactions. These trades occurred on July 1, 2026 and were executed under a pre-arranged Rule 10b5-1 trading plan adopted earlier in March 2026.