MapLight Therapeutics (MPLT) backer makes fresh stock-and-warrant bet
Rhea-AI Filing Summary
MapLight Therapeutics, Inc. (MPLT) reported that 10% owner Catalyst4, Inc. purchased 4,400,000 shares of Voting Common Stock and warrants for 2,928,686 shares on August 14, 2026 at around $11.38 per share. The warrants are immediately exercisable at $0.0001 per share but include a 49.99% beneficial ownership cap and do not expire until exercised in full. After these purchases, Catalyst4 indirectly holds 25,306,689 shares of Voting Common Stock, with voting and dispositive power shared by its directors, who each disclaim beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 4,400,000 shares
Net Buy
2 txns
Insider
Catalyst4, Inc.
Role
10% Owner
Bought
7,328,686 shs ($83.40M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants (right to buy) F2, F3, F1 | 2,928,686 | $11.3799 | $33.33M |
| Purchase | Voting Common Stock F1 | 4,400,000 | $11.38 | $50.07M |
Holdings After Transaction:
Warrants (right to buy) — 2,928,686 shares (Indirect, See footnote);
Voting Common Stock — 25,306,689 shares (Indirect, See footnote)
Footnotes (3)
- F1. The shares are held of record by Catalyst4, Inc. ("Catalyst4"). As the members of the board of directors of Catalyst4, Robert Brown, Ekemini Riley and Mark Vorsatz share voting and dispositive power with respect to the shares held by Catalyst4. Each of Mr. Brown, Ms. Riley and Mr. Vorsatz disclaims beneficial ownership of the shares reported herein.
- F2. The warrant is immediately exercisable, however, the warrant may not be exercised if the aggregate number of shares of voting common stock beneficially owned by the reporting person immediately following such exercise would exceed 49.99%.
- F3. The warrants will not expire until exercised in full.
Key Figures
Common shares purchased: 4,400,000 shares
Warrants purchased: 2,928,686 warrants
Common stock purchase price: $11.3800 per share
+5 more
8 metrics
Common shares purchased
4,400,000 shares
Voting Common Stock purchased on August 14, 2026
Warrants purchased
2,928,686 warrants
Warrants to buy Voting Common Stock purchased on August 14, 2026
Common stock purchase price
$11.3800 per share
Price for Voting Common Stock purchased on August 14, 2026
Warrant purchase price reference
$11.3799 per warrant share
Per-share value reported for warrants on August 14, 2026
Warrant exercise price
$0.0001 per share
Exercise price for warrants to buy Voting Common Stock
Shares held after transaction
25,306,689 shares
Voting Common Stock indirectly held by Catalyst4 after purchases
Beneficial ownership cap
49.99%
Maximum beneficial ownership allowed immediately after warrant exercise
Total net shares bought
7,328,686 shares
Sum of common shares and warrant-underlying shares purchased
Key Terms
beneficial ownership, dispositive power, warrants, immediately exercisable, +1 more
5 terms
beneficial ownership financial
"the aggregate number of shares of voting common stock beneficially owned"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
dispositive power financial
"share voting and dispositive power with respect to the shares held"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
warrants financial
"The warrants will not expire until exercised in full."
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
immediately exercisable financial
"The warrant is immediately exercisable, however, the warrant may not be exercised"
voting common stock financial
"shares of voting common stock beneficially owned by the reporting person"
FAQ
What insider transactions were reported for MPLT by Catalyst4, Inc. on August 14, 2026?
Catalyst4, Inc. reported buying 4,400,000 MPLT Voting Common shares and warrants for 2,928,686 shares on August 14, 2026, in open-market or private purchases at about $11.38 per share.
What are the key terms of the MPLT warrants acquired by Catalyst4, Inc.?
Catalyst4 acquired warrants for 2,928,686 MPLT shares, immediately exercisable at $0.0001 per share. Exercise is limited by a 49.99% beneficial ownership cap, and the warrants do not expire until fully exercised.
At what price did Catalyst4, Inc. purchase MPLT common stock and warrants?
Catalyst4 purchased MPLT Voting Common Stock at $11.3800 per share and warrants at a per-share value of $11.3799. These prices reflect open-market or private purchase transactions as reported in the Form 4.
Is the 10b5-1 trading plan box checked for this MPLT Form 4 filing?
No. The Form 4 for MPLT indicates the Rule 10b5-1 checkbox is not checked, meaning the reported purchases by Catalyst4, Inc. are not affirmed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
