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.

Available on EDGAR 09/18/2026 - 04:15 PM EDT Accepted by SEC EDGAR 09/18/2026 - 04:15 PM EDT Learn about SEC filing dates

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.

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)

Share of Position Sold 10.8%

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)

Holdings Before and After: Voting Common Stock, 153,553 to 137,044 shares (Direct)

Footnotes (2)

1. F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 29, 2025.
2. 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.

How many MPLT shares did the General Counsel hold after the reported sale?

After the sale, Kristopher Hanson held 137,044 shares of Voting Common Stock directly, as reported in the filing’s post-transaction holdings column.

What price range did MPLT shares sell for in the General Counsel’s transaction?

The filing reports that the 16,509 shares were sold in multiple transactions at prices ranging from $11.38 to $12.17 per share, with a weighted average price of $11.67 per share.

How many MPLT shares did the General Counsel sell in total in this Form 4?

In this Form 4, the General Counsel is reported to have sold 16,509 shares of MapLight Therapeutics, Inc. Voting Common Stock in a single reported transaction on September 16, 2026.

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

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hanson Kristopher

(Last) (First) (Middle)

C/O MAPLIGHT THERAPEUTICS, INC.

800 CHESAPEAKE DRIVE

(Street)

REDWOOD CITY CALIFORNIA 94063

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MapLight Therapeutics, Inc. [ MPLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Voting Common Stock	09/16/2026		S(1)		16,509	D	$11.67(2)	137,044	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 29, 2025.

2. 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.

	/s/ Kristopher L. Hanson	09/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)