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MapLight officer plans $199K stock sale

An officer of MapLight Therapeutics filed Form 144 for a planned Rule 10b5-1 sale of 16,509 shares against an outstanding base of 52.85 million shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MapLight Therapeutics, Inc. (MPLT) received a Form 144 notice from officer Kristopher Hanson covering a proposed sale of 16,509 shares of common stock through Jefferies LLC on NASDAQ under Rule 144. The shares were acquired from vested restricted stock units, and sales are pursuant to a Rule 10b5-1 selling plan adopted on December 29, 2025. The filing references 52,850,000 shares of common stock outstanding. In the prior three months, Hanson reported Rule 144 sales on July 15, 16, and 17, 2026.

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Shares to be sold under Form 144 16,509 shares Proposed sale of MapLight Therapeutics common stock under Rule 144
Aggregate market value of shares to be sold $199,428.72 Market value associated with 16,509 shares in the Form 144
Shares outstanding 52,850,000 shares Referenced common stock outstanding for MapLight Therapeutics
Shares sold on July 15, 2026 7,260 shares Rule 144 sale during the past three months by Kristopher Hanson
Shares sold on July 16, 2026 8,118 shares Rule 144 sale during the past three months by Kristopher Hanson
Shares sold on July 17, 2026 1,130 shares Rule 144 sale during the past three months by Kristopher Hanson
Rule 10b5-1 plan adoption date December 29, 2025 Date the selling plan governing these sales was adopted
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.
restricted stock units financial
"The securities to be sold were acquired upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Selling plan regulatory
"All Sales are to be made pursuant to a previously signed/adopted 10b5-1 Selling plan"
Form 144 regulatory
"144: Securities To Be Sold"
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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for MapLight Therapeutics (MPLT)?

The filing discloses that officer Kristopher Hanson plans to sell up to 16,509 shares of MapLight Therapeutics common stock under Rule 144, through Jefferies LLC on NASDAQ, with the shares coming from vested restricted stock units.

How many MapLight Therapeutics (MPLT) shares are covered and what is their value?

The notice covers 16,509 shares of MapLight Therapeutics common stock with an indicated aggregate market value of $199,428.72, based on the price information included in the Form 144 securities section.

What share count baseline is referenced for MapLight Therapeutics (MPLT)?

The Form 144 references 52,850,000 shares of MapLight Therapeutics common stock outstanding, providing a baseline share count for context relative to the 16,509 shares covered by the proposed sale notice.

What is the source of the shares Kristopher Hanson may sell in MPLT?

The filing states that the securities to be sold were acquired upon the vesting of restricted stock units during the period from July 30, 2023 through July 15, 2026, indicating they are equity compensation rather than open-market purchases.

Were there recent Rule 144 sales by Kristopher Hanson in MapLight Therapeutics (MPLT)?

Yes. The filing lists sales during the past three months: 7,260 shares on July 15, 2026, 8,118 shares on July 16, 2026, and 1,130 shares on July 17, 2026, each identified as MapLight Therapeutics common stock.

Is the planned MPLT share sale under a Rule 10b5-1 trading plan?

Yes. The remarks state that all sales are to be made pursuant to a previously signed/adopted Rule 10b5-1 selling plan dated December 29, 2025, and that representations regarding material non-public information were made as of the plan’s adoption.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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