MapLight Therapeutics (MPLT) General Counsel reports 26,007-share tax withholding
Rhea-AI Filing Summary
MapLight Therapeutics General Counsel Kristopher Hanson reported a tax-related share withholding tied to restricted stock units. On January 27, 2026, the issuer withheld 26,007 shares of Voting Common Stock at $17.98 per share to cover tax obligations from RSU settlement.
After this transaction, Hanson beneficially owned 183,852 shares directly. The remaining securities he holds are still subject to a 180-day IPO lock-up following the final prospectus dated October 26, 2025, limiting his ability to sell or transfer those shares during that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,007 shares
Net Sell
1 txn
Insider
Hanson Kristopher
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Voting Common Stock | 26,007 | $17.98 | $468K |
Holdings After Transaction:
Voting Common Stock — 183,852 shares (Direct)
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
What insider transaction did MapLight Therapeutics (MPLT) report for Kristopher Hanson?
MapLight Therapeutics reported that General Counsel Kristopher Hanson had 26,007 shares of Voting Common Stock withheld by the company to cover tax obligations from restricted stock unit settlement. This is a tax withholding event, not an open-market sale or discretionary stock disposal.
Was the MapLight Therapeutics (MPLT) Form 4 transaction an open-market sale?
The Form 4 transaction was not an open-market sale. The 26,007 MPLT shares were withheld by the issuer to satisfy tax withholding obligations from restricted stock unit settlement, meaning the shares were retained by the company rather than sold on the open market.
What role does Kristopher Hanson hold at MapLight Therapeutics (MPLT)?
Kristopher Hanson serves as an officer of MapLight Therapeutics, holding the position of General Counsel. His Form 4 filing reflects a tax-related share withholding transaction connected to his equity compensation in the form of restricted stock unit awards.
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