MapLight Therapeutics (MPLT) CDO sells 36K shares via tax and plan trades
Rhea-AI Filing Summary
MapLight Therapeutics, Inc. reporting person Anatol Kreitzer, Chief Discovery Officer, reported selling 36,284 shares of Voting Common Stock from July 15–17, 2026 at weighted-average prices, with underlying trade prices ranging from $35.68 to $38.21 per share. Sales on July 15–16 covered statutory tax withholding from vesting restricted stock units via mandated “sell to cover” transactions, while July 17 sales were executed pursuant to a Rule 10b5-1 trading plan adopted on December 24, 2025. Following these transactions, Kreitzer directly held 174,906 shares of Voting Common Stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 36,284 shares
Net Sell
7 txns
Insider
Kreitzer Anatol
Role
Chief Discovery Officer
Sold
36,284 shs ($1.35M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock F6, F7 | 2,833 | $37.05 | $105K |
| Sale | Voting Common Stock F6, F8 | 14,140 | $37.70 | $533K |
| Sale | Voting Common Stock F6 | 200 | $38.39 | $8K |
| Sale | Voting Common Stock F1, F4 | 7,464 | $36.66 | $274K |
| Sale | Voting Common Stock F1, F5 | 1,592 | $37.44 | $60K |
| Sale | Voting Common Stock F1, F2 | 5,545 | $36.13 | $200K |
| Sale | Voting Common Stock F1, F3 | 4,510 | $36.94 | $167K |
Holdings After Transaction:
Voting Common Stock — 174,906 shares (Direct)
Footnotes (8)
- F1. Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.68 to $36.60 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.68 to $37.325 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.12 to $37.11 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.26 to $37.70 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 24, 2025.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.36 to $37.335 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.36 to $38.21 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 36,284 shares
Sale price range: $35.68–$38.21 per share
Holdings after transactions: 174,906 shares
+1 more
4 metrics
Shares sold
36,284 shares
Aggregate Voting Common Stock sales reported from July 15–17, 2026
Sale price range
$35.68–$38.21 per share
Trade price ranges disclosed in weighted-average price footnotes F2–F5, F7–F8
Holdings after transactions
174,906 shares
Direct Voting Common Stock held by Anatol Kreitzer following the latest reported sale
Largest single reported sale
14,140 shares at $37.70 per share
Voting Common Stock sale dated July 17, 2026 with weighted-average price
Key Terms
Rule 10b5-1 trading plan, restricted stock units, statutory tax withholding obligations, "sell to cover" transaction
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"in connection with the vesting of the 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.
statutory tax withholding obligations financial
"to cover the statutory tax withholding obligations in connection with the vesting..."
"sell to cover" transaction financial
"to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Rule 10b5-1 trading plan reference mean in MPLT’s Form 4?
The Form 4 notes that certain July 17, 2026 sales were made pursuant to a Rule 10b5-1 trading plan adopted on December 24, 2025. This indicates those trades followed a pre-established plan described in the footnote rather than being timed on an ad hoc basis.
Which MPLT transactions were identified as tax “sell to cover” trades for Anatol Kreitzer?
Four sales on July 15 and July 16, 2026 carry a footnote stating they represent shares required to be sold to cover statutory tax withholding obligations related to vesting restricted stock units, and that these mandated “sell to cover” sales are not discretionary.