Castle Biosciences (NASDAQ: CSTL) CEO sells 4,172 shares via trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entities associated with Castle Biosciences CEO Derek Maetzold reported open-market sales totaling 4,172 shares of Common Stock on April 21 at a weighted-average price of $25.098 per share. These transactions were made pursuant to a Rule 10b5-1 plan adopted on December 3, 2025.
The filing also shows Maetzold exercised stock options to acquire 550 shares at $2.39 per share and sold a matching 550 shares, leaving 21,479 shares held directly, plus additional indirect holdings in several family and grantor retained annuity trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,172 shares ($104,709)
Net Sell
12 txns
Insider
MAETZOLD DEREK J
Role
Pres. & Chief Exec. Officer
Sold
4,172 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 550 | $0.00 | -- |
| Exercise | Common Stock | 550 | $2.39 | $1K |
| Sale | Common Stock | 550 | $25.098 | $14K |
| Sale | Common Stock | 1,357 | $25.098 | $34K |
| Sale | Common Stock | 1,153 | $25.098 | $29K |
| Sale | Common Stock | 278 | $25.098 | $7K |
| Sale | Common Stock | 278 | $25.098 | $7K |
| Sale | Common Stock | 278 | $25.098 | $7K |
| Sale | Common Stock | 278 | $25.098 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy) — 6,968 shares (Direct, null);
Common Stock — 22,029 shares (Direct, null);
Common Stock — 47,495 shares (Indirect, By The Maetzold Descendants 2020 Trust)
Footnotes (1)
- These transactions were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 3, 2025. This transaction was executed in multiple trades at prices ranging from $25.000 to $25.585, 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 Maetzold Descendants 2020 Trust of which the Reporting Person's spouse is the trustee and the Reporting Person's spouse and their children are beneficiaries. Held by Derek Maetzold 2020 Irrevocable Trust of which the Reporting Person is the trustee and his children are beneficiaries. Held by The Maetzold 2018 Remainder Trust FBO Emily Carol Kirk of which the Reporting Person is the trustee and his child is the beneficiary. Held by The Maetzold 2018 Remainder Trust FBO Hannah Elizabeth Maetzold of which the Reporting Person is the trustee and his child is the beneficiary. Held by The Maetzold 2018 Remainder Trust FBO John Derek Maetzold of which the Reporting Person is the trustee and his child is the beneficiary. Held by The Maetzold 2018 Remainder Trust FBO Peter Douglas Maetzold of which the Reporting Person is the trustee and his child is the beneficiary. Held by DJM Grantor Retained Annuity Trust No. 5 of which the Reporting Person is the trustee and beneficiary. Held by DJM Grantor Retained Annuity Trust No. 6 of which the Reporting Person is the trustee and the beneficiaries are The Maetzold 2018 Remainder Trust FBO John Derek Maetzold, The Maetzold 2018 Remainder Trust FBO Emily Carol Kirk, The Maetzold 2018 Remainder Trust FBO Peter Douglas Maetzold and The Maetzold 2018 Remainder Trust FBO Hannah Elizabeth Maetzold. Held by DJM Grantor Retained Annuity Trust No. 7 of which the Reporting Person is the trustee and beneficiary. The shares subject to the option are fully vested.
Key Figures
Shares sold: 4,172 shares
Weighted-average sale price: $25.098 per share
Options exercised: 550 shares
+4 more
7 metrics
Shares sold
4,172 shares
Total net shares sold on April 21, 2026
Weighted-average sale price
$25.098 per share
Open-market Common Stock sales on April 21, 2026
Options exercised
550 shares
Stock option (right to buy) exercise on April 21, 2026
Option exercise price
$2.39 per share
Exercise price for 550-share stock option
Direct holdings after transactions
21,479 shares
Common Stock held directly following April 21, 2026 trades
Derek Maetzold 2020 Irrevocable Trust holdings
40,367 shares
Common Stock held indirectly via 2020 Irrevocable Trust after trades
Maetzold Descendants 2020 Trust holdings
47,495 shares
Common Stock held indirectly via Descendants 2020 Trust after trades
Key Terms
Rule 10b5-1 plan, Grantor Retained Annuity Trust, Stock option (right to buy), weighted-average sale price, +1 more
5 terms
Rule 10b5-1 plan regulatory
"These transactions were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 3, 2025."
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.
Grantor Retained Annuity Trust financial
"Held by DJM Grantor Retained Annuity Trust No. 5 of which the Reporting Person is the trustee and beneficiary."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
Stock option (right to buy) financial
"Stock option (right to buy) ... underlying security title Common Stock and underlying security shares 550.0000."
weighted-average sale price financial
"The price reported above reflects the weighted-average sale price."
fully vested financial
"The shares subject to the option are fully vested."
FAQ
What insider transactions did Castle Biosciences (CSTL) report for Derek Maetzold?
Castle Biosciences reported that entities linked to CEO Derek Maetzold sold 4,172 shares of Common Stock and exercised options for 550 shares on April 21, 2026, combining open-market sales with an option exercise.
How many Castle Biosciences (CSTL) options did Derek Maetzold exercise?
Derek Maetzold exercised stock options covering 550 shares of Castle Biosciences Common Stock at an exercise price of $2.39 per share. The options were fully vested, and a corresponding 550 shares were sold in the open market.
Were the Castle Biosciences (CSTL) insider sales made under a trading plan?
Yes. The Form 4 notes that the transactions were made under a Rule 10b5-1 plan adopted by Derek Maetzold on December 3, 2025. Such plans allow pre-scheduled trading independent of day-to-day market conditions.