Mineralys officer plans $67K stock sale Sept. 9
Officer David Rodman filed a Form 144 for a modest cashless option exercise and reports prior open-market sales in recent months.
Rhea-AI Filing Summary
Mineralys Therapeutics, Inc. (MLYS) received a Form 144 notice from officer David Rodman covering a planned sale of 2,171 shares of common stock on September 9, 2026, to be effected through a broker-assisted cashless exercise of employee stock options via Merrill Lynch.
The notice also lists multiple prior open-market sales of Mineralys common stock by David Rodman over the preceding three months, with individual transactions ranging from a few hundred shares to more than 14,000 shares on specific June, July, and August 2026 dates.
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Key Figures
Shares to be sold: 2,171 shares
Aggregate market value of planned sale: $67,018.77
Largest recent single trade shares: 14,058 shares
+3 more
6 metrics
Shares to be sold
2,171 shares
Planned sale of Mineralys common stock on September 9, 2026 under Form 144
Aggregate market value of planned sale
$67,018.77
Value reported for 2,171 shares of Mineralys common stock in the Form 144
Largest recent single trade shares
14,058 shares
Common stock sale by David Rodman on July 13, 2026
Largest recent single trade value
$387,716.51
Aggregate amount for 14,058-share sale on July 13, 2026
Recent trade on June 10, 2026
2,170 shares; $54,250.00
Common stock sale by David Rodman disclosed for that date
Recent trade on August 13, 2026
14,056 shares; $372,187.00
Common stock sale by David Rodman disclosed for that date
Key Terms
Rule 144, cashless exercise, Exercise of employee stock options, Form 144
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.
Exercise of employee stock options financial
"Exercise of employee stock options"
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing disclose for Mineralys Therapeutics (MLYS)?
The filing discloses that officer David Rodman filed a Form 144 notice to sell 2,171 shares of Mineralys Therapeutics common stock on September 9, 2026 through a broker-assisted cashless exercise of employee stock options.
Which broker is involved in David Rodman’s planned MLYS stock sale?
The planned sale of 2,171 shares of Mineralys Therapeutics common stock is indicated as being handled by Merrill Lynch, with the transaction described as “broker assisted with cashless exercise.”
What past MLYS stock sales by David Rodman are disclosed in the last 3 months?
The notice lists multiple sales of Mineralys common stock by David Rodman between June 10, 2026 and August 17, 2026, including transactions such as 14,058 shares on July 13, 2026 and 14,056 shares on August 13, 2026, each with stated dollar amounts.
What is the largest single recent MLYS trade reported for David Rodman?
Among the past three months’ trades, the filing shows a sale of 14,058 shares of Mineralys Therapeutics common stock on July 13, 2026 for an aggregate amount of $387,716.51.
AI-generated analysis. How Rhea-AI works. Not financial advice.