Mineralys officer plans $217K stock sale
Rhea-AI Filing Summary
Mineralys Therapeutics, Inc. (MLYS) disclosed that an officer, David Rodman, has filed a notice under Rule 144 to sell up to 7,709 shares of common stock, with an aggregate market value of $216,931.26, when 88,406,885 shares were outstanding on the planned sale date.
The planned sale on 09/14/2026 is tied to the exercise of employee stock options via a broker-assisted cashless exercise. The filing also lists multiple prior common stock sales by Rodman over the past three months, each with specified share amounts and dollar values.
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Key Figures
Shares to be sold under Rule 144: 7,709 shares
Aggregate market value of planned sale: $216,931.26
Shares outstanding: 88,406,885 shares
+3 more
6 metrics
Shares to be sold under Rule 144
7,709 shares
Planned sale of common stock on 09/14/2026
Aggregate market value of planned sale
$216,931.26
Value of 7,709 shares to be sold
Shares outstanding
88,406,885 shares
Common stock outstanding as referenced with the planned sale date
Past sale on 06/12/2026
6,349 shares for $151,901.37
Common stock sold by David Rodman during the past three months
Past sale on 06/15/2026
9,890 shares for $235,487.24
Common stock sold by David Rodman during the past three months
Past sale on 09/09/2026
2,171 shares for $67,018.77
Most recent common stock sale listed for David Rodman
Key Terms
Rule 144, cashless exercise, aggregate market value, broker assisted
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
cashless exercise financial
"Broker assisted with cashless exercise"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
aggregate market value financial
"7709 | 216931.26 | 88406885 | 09/14/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
broker assisted financial
"Broker assisted with cashless exercise"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for Mineralys Therapeutics (MLYS)?
The filing states that officer David Rodman intends to sell up to 7,709 shares of Mineralys Therapeutics common stock under Rule 144, relating to the exercise of employee stock options through a broker-assisted cashless exercise on 09/14/2026.
What recent sales by David Rodman are disclosed in the Form 144 for MLYS?
The document lists several past three‑month sales, including 6,349 shares on 06/12/2026 for $151,901.37 and 9,890 shares on 06/15/2026 for $235,487.24, along with additional specified transactions through 09/09/2026.
How will the Mineralys Therapeutics (MLYS) Rule 144 sale be executed?
The planned sale of 7,709 shares is described as a broker assisted with cashless exercise of employee stock options, using Merrill Lynch as the broker, according to the securities to be sold section.
Who is the person for whose account Mineralys Therapeutics (MLYS) securities will be sold?
The notice identifies David Rodman as the person for whose account the securities are to be sold and notes his status as an officer of Mineralys Therapeutics, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.