Mineralys (NASDAQ: MLYS) insider files to sell 2,170 shares of stock
Rhea-AI Filing Summary
Mineralys Therapeutics, Inc. insider David Rodman filed a Form 144 giving notice of his intent to sell 2,170 shares of common stock through Merrill Lynch on or about 01/09/2026 on the NASDAQ market. The shares are being issued and sold in connection with a broker-assisted cashless exercise of employee stock options on the same date.
The filing notes that Mineralys had 79,139,956 common shares outstanding. It also lists Rodman’s other recent sales of Mineralys common stock over the prior three months, including 10,369 shares sold on 10/15/2025 for gross proceeds of $445,982.61, 192,715 shares sold on 01/05/2026 for $6,749,100.06, and 70,037 shares sold on 01/02/2026 for $2,511,919.03.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 filing for Mineralys Therapeutics (MLYS) disclose?
The Form 144 discloses that David Rodman plans to sell 2,170 shares of Mineralys Therapeutics, Inc. common stock. The planned sale is tied to a broker-assisted cashless exercise of employee stock options on 01/09/2026, with the shares to be sold on the NASDAQ through Merrill Lynch.
How many Mineralys (MLYS) shares is the insider planning to sell in this notice?
The notice covers an intended sale of 2,170 shares of Mineralys Therapeutics common stock. These shares are associated with the exercise of employee stock options on 01/09/2026 and are to be sold via a broker-assisted cashless exercise.
How were the Mineralys (MLYS) shares being sold acquired by the insider?
The 2,170 shares of Mineralys common stock were acquired on 01/09/2026 through the exercise of employee stock options. The transaction is structured as a broker assisted cashless exercise, meaning the broker facilitates the sale of enough shares to cover exercise costs.
What recent Mineralys (MLYS) stock sales by David Rodman are reported in the Form 144?
The filing lists three recent sales of Mineralys common stock by David Rodman in the past three months: 10,369 shares sold on 10/15/2025 for $445,982.61, 192,715 shares sold on 01/05/2026 for $6,749,100.06, and 70,037 shares sold on 01/02/2026 for $2,511,919.03.
How many Mineralys (MLYS) shares were outstanding according to this Form 144?
The Form 144 states that Mineralys Therapeutics had 79,139,956 shares of common stock outstanding. This figure serves as a baseline for understanding the size of the insider’s reported transactions relative to the total share count.
On which exchange will the Mineralys (MLYS) shares be sold and through which broker?
The Form 144 indicates that the 2,170 Mineralys common shares are expected to be sold on the NASDAQ. The designated broker for the transaction is Merrill Lynch, located at 225 Liberty St, Floor 37, New York, NY 10281.
What representation does the insider make in the Mineralys (MLYS) Form 144?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the current or prospective operations of Mineralys that has not been publicly disclosed, consistent with the standard Form 144 certification language.