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MoonLake Immunotherapeutics (MLTX) CFO logs pre-planned sale of 13,653 shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

MoonLake Immunotherapeutics Chief Financial Officer Matthias Bodenstedt sold 13,653 Class A ordinary shares in an open-market transaction. The shares were sold at a weighted average price of about $20.02 per share across multiple trades between $19.50 and $20.83. After this sale, he directly holds 1,172,431 Class A ordinary shares. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 10, 2025, indicating it was scheduled in advance rather than timed opportunistically.

Positive

  • None.

Negative

  • None.
Insider Bodenstedt Matthias
Role Chief Financial Officer
Sold 13,653 shs ($273K)
Type Security Shares Price Value
Sale Class A ordinary shares, par value $0.0001 per share 13,653 $20.02 $273K
Holdings After Transaction: Class A ordinary shares, par value $0.0001 per share — 1,172,431 shares (Direct, null)
Footnotes (1)
  1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $19.50 to $20.83. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Shares sold 13,653 shares Open-market sale on May 11, 2026
Weighted average sale price $20.02 per share Class A ordinary shares, open-market sale
Sale price range $19.50–$20.83 per share Multiple transactions within single reported sale
Shares held after transaction 1,172,431 shares Direct ownership by CFO after sale
Transaction date May 11, 2026 Date of open-market sale
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025."
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 sale price financial
"The price reported represents the weighted average sale price per share."
Class A ordinary shares financial
"Class A ordinary shares, par value $0.0001 per share"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bodenstedt Matthias

(Last)(First)(Middle)
C/O MOONLAKE IMMUNOTHERAPEUTICS
DORFSTRASSE 29

(Street)
ZUG6300

(City)(State)(Zip)

SWITZERLAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
MoonLake Immunotherapeutics [ MLTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A ordinary shares, par value $0.0001 per share05/11/2026S(1)13,653D$20.02(2)1,172,431D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.
2. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $19.50 to $20.83. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
/s/ Matthias Bodenstedt05/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MoonLake Immunotherapeutics (MLTX) report on this Form 4?

MoonLake Immunotherapeutics reported that its Chief Financial Officer, Matthias Bodenstedt, sold 13,653 Class A ordinary shares. The sale was an open-market transaction executed under a Rule 10b5-1 trading plan, meaning it was pre-scheduled rather than a spontaneous trading decision.

How many MoonLake Immunotherapeutics (MLTX) shares did the CFO sell and at what price?

The CFO sold 13,653 Class A ordinary shares at a weighted average price of about $20.02 per share. The filing notes the trades occurred in multiple transactions, with prices ranging from $19.50 to $20.83 per share.

How many MoonLake Immunotherapeutics (MLTX) shares does the CFO hold after this sale?

Following the reported sale, the CFO directly holds 1,172,431 Class A ordinary shares. This context shows the transaction reduced his position by a relatively small portion compared with his remaining direct ownership stake in MoonLake Immunotherapeutics.

Was the MoonLake Immunotherapeutics (MLTX) CFO sale part of a Rule 10b5-1 plan?

Yes. The filing states the transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025. These plans allow insiders to schedule trades in advance, helping separate routine liquidity moves from opportunistic trading.

What is the price range for the MoonLake Immunotherapeutics (MLTX) CFO’s share sales?

The filing explains that the 13,653 shares were sold in multiple trades at prices ranging from $19.50 to $20.83 per share. The reported transaction price of $20.02 represents the weighted average sale price across all those individual trades.