MapLight counsel sells 16,509 shares at $11.67
MapLight Therapeutics’ General Counsel disclosed a pre-planned sale of 16,509 shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
MapLight Therapeutics, Inc. (MPLT) reported that its General Counsel, Kristopher Hanson, sold 16,509 shares of Voting Common Stock on September 16, 2026, at a weighted average price of $11.67 per share. The sale was made under a Rule 10b5-1 trading plan adopted on December 29, 2025, and Hanson held 137,044 shares directly after the transaction. The shares were sold in multiple trades at prices ranging from $11.38 to $12.17 per share.
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Insider Trade Summary 10b5-1
Net Seller: 16,509 shares
Net Sell
1 txn
Insider
Hanson Kristopher
Role
General Counsel
Sold
16,509 shs ($193K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock F1, F2 | 16,509 | $11.67 | $193K |
Holdings After Transaction:
Voting Common Stock — 137,044 shares (Direct)
Footnotes (2)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 29, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.38 to $12.17 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: 16,509 shares
Weighted average sale price: $11.67 per share
Post-transaction holdings: 137,044 shares
+3 more
6 metrics
Shares sold
16,509 shares
Voting Common Stock sold by the General Counsel on September 16, 2026
Weighted average sale price
$11.67 per share
Average price for the 16,509 shares sold on September 16, 2026
Post-transaction holdings
137,044 shares
Voting Common Stock directly held by the General Counsel after the sale
Sale price range low
$11.38 per share
Lowest price among the multiple transactions included in the reported sale
Sale price range high
$12.17 per share
Highest price among the multiple transactions included in the reported sale
Rule 10b5-1 plan adoption date
December 29, 2025
Date the General Counsel adopted the trading plan governing this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, Voting Common Stock
3 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Voting Common Stock financial
"These shares were sold in multiple transactions at prices ranging"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MPLT disclose for General Counsel Kristopher Hanson?
MPLT disclosed that General Counsel Kristopher Hanson sold 16,509 shares of Voting Common Stock on September 16, 2026, at a weighted average price of $11.67 per share in multiple trades.
Was the September 16, 2026 MPLT stock sale by the General Counsel under a Rule 10b5-1 plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan that Kristopher Hanson adopted on December 29, 2025, indicating the trades were pre-arranged.
AI-generated analysis. How Rhea-AI works. Not financial advice.