MapLight CMO logs tax withholding share transaction
MapLight Therapeutics Chief Medical Officer Erin Pennock Foff reported a tax-related share withholding tied to restricted stock units.
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Rhea-AI Filing Summary
MapLight Therapeutics Chief Medical Officer Erin Pennock Foff reported a tax-related share withholding tied to restricted stock units. On January 27, 2026, 44,616 shares of MapLight voting common stock were withheld at $17.98 per share to cover tax obligations, leaving 390,475 shares beneficially owned directly. The remaining securities are still subject to a 180-day IPO lock-up following the final prospectus date of October 26, 2025, limiting sales or transfers during that period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Voting Common Stock | 44,616 | $17.98 | $802K |
Footnotes (1)
- F1. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement of restricted stock unit awards. The securities of the Issuer retained by the Reporting Person remain subject to the terms a lock-up agreement entered into with the underwriters for the Issuer's initial public offering, pursuant to which the Reporting Person agreed, subject to certain exceptions, not to directly or indirectly sell or otherwise transfer securities of the Issuer for a period of 180 days following the date of the final prospectus relating to the initial public offering, which was October 26, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MPLT’s Chief Medical Officer report on January 27, 2026?
Was the MPLT insider transaction a discretionary sale or tax withholding event?
What role does Erin Pennock Foff hold at MapLight Therapeutics, Inc. (MPLT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.