MATA NATHAN L. 4
4 · BELITE BIO, INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Belite Bio (BLTE) CSO Nathan Mata Sells Shares
What Happened Nathan L. Mata, Chief Scientific Officer of Belite Bio, sold a total of 1,000 American Depositary Shares (ADSs) in multiple open-market transactions on May 5, 2026, generating roughly $155,503 in proceeds. The sales were executed in six tranches: 120 @ $153.92 ($18,471); 363 @ $154.44 ($56,063); 173 @ $155.48 ($26,898); 121 @ $156.53 ($18,940); 155 @ $157.29 ($24,380); and 68 @ $158.11 ($10,751). Each ADS represents one ordinary share (footnote F1).
Key Details
- Transaction date: May 5, 2026 (filed May 6, 2026).
- Transaction type/code: Open-market sales (S).
- Total shares sold: 1,000 ADSs for total proceeds of about $155,503.
- Per-tranche details: 120 @ $153.92; 363 @ $154.44; 173 @ $155.48; 121 @ $156.53; 155 @ $157.29; 68 @ $158.11 (values above as reported).
- Footnotes: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted 12/10/2025 (F2). Report includes weighted-average price groupings and ranges per footnotes F3–F7; the filer can provide exact per-price breakdowns on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Reported the day after the transactions (appears timely, not marked late).
Context A 10b5‑1 plan allows insiders to sell shares on a preset schedule or formula and is commonly used to avoid trading while in possession of material nonpublic information; it does not itself indicate the insider’s current view of the company. Sales (code S) are routine insider disclosures—factual reporting of disposition rather than evidence of motive.
Insider Transaction Report
- Sale
American depositary share
[F1][F2][F3]2026-05-05$153.92/sh−120$18,471→ 2,546 total - Sale
American depositary share
[F1][F2][F4]2026-05-05$154.44/sh−363$56,063→ 2,183 total - Sale
American depositary share
[F1][F2][F5]2026-05-05$155.48/sh−173$26,898→ 2,010 total - Sale
American depositary share
[F1][F2][F6]2026-05-05$156.53/sh−121$18,940→ 1,889 total - Sale
American depositary share
[F1][F2][F7]2026-05-05$157.29/sh−155$24,380→ 1,734 total - Sale
American depositary share
[F1][F2]2026-05-05$158.11/sh−68$10,751→ 1,666 total
Footnotes (7)
- [F1]Each American depositary share represents one ordinary share, par value US$0.0001 per share, of the issuer.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/10/2025.
- [F3]Represents the weighted average price of shares sold at prices that ranged from $153.92 to $153.93. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F4]Represents the weighted average price of shares sold at prices that ranged from $154.01 to $154.955. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F5]Represents the weighted average price of shares sold at prices that ranged from $155.04 to $155.91. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F6]Represents the weighted average price of shares sold at prices that ranged from $156.005 to $156.94. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F7]Represents the weighted average price of shares sold at prices that ranged from $157.035 to $157.99. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.