Castle Biosciences (CSTL) COO sells 8,587 shares, retains over 127K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CASTLE BIOSCIENCES INC Chief Operating Officer Kristen M. Oelschlager reported an open-market sale of 8,587 shares of common stock at a weighted-average price of $20.71 per share on June 16, 2026. The sale was executed as a planned transaction under a Rule 10b5-1 trading plan adopted on March 17, 2026.
Following this sale, she holds 30,460 shares of common stock 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: 8,587 shares ($177,837)
Net Sell
2 txns
Insider
Oelschlager Kristen M
Role
Chief Operating Officer
Sold
8,587 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,587 | $20.71 | $178K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,460 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 $20.51 to $20.95, 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: 8,587 shares
Sale price: $20.71 per share
Direct holdings after sale: 30,460 shares
+3 more
6 metrics
Shares sold
8,587 shares
Open-market sale of common stock on June 16, 2026
Sale price
$20.71 per share
Weighted-average sale price for the reported transaction
Direct holdings after sale
30,460 shares
Common stock held directly following the June 16, 2026 sale
Indirect trust holdings
97,251 shares
Common stock held indirectly via The Fritz Shorter Trust
Trading plan adoption date
March 17, 2026
Date Rule 10b5-1 trading plan was adopted
Price range of trades
$20.51–$20.95
Range of execution prices for the multiple sale trades
Key Terms
Rule 10b5-1 plan, weighted-average sale price, open-market sale, indirect ownership, +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 March 17, 2026."
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
"ownership_type": "indirect""
trustees and beneficiaries financial
"of which the Reporting Person and her spouse are the trustees and beneficiaries."
FAQ
What insider transaction did CSTL executive Kristen Oelschlager report?
Kristen M. Oelschlager, Chief Operating Officer of Castle Biosciences, reported selling 8,587 shares of common stock in an open-market transaction at a weighted-average price of $20.71 per share on June 16, 2026, while retaining substantial direct and indirect shareholdings.
Was the CSTL insider sale by Kristen Oelschlager part of a trading plan?
Yes, the sale was executed under a pre-established Rule 10b5-1 trading plan adopted by Kristen M. Oelschlager on March 17, 2026. Such plans allow executives to schedule trades in advance, helping separate routine diversification from discretionary market-timing decisions.