MATA NATHAN L. 4
4 · BELITE BIO, INC · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Belite Bio (BLTE) CSO Nathan L. Mata Sells Shares
What Happened
Nathan L. Mata, Chief Scientific Officer of Belite Bio (BLTE), sold a total of 1,000 American Depositary Shares (ADS) in multiple open-market disposals on May 6, 2026, for aggregate proceeds of approximately $153,840. The sales were executed in six tranches: 8 ADS @ $151.57 ($1,213); 424 ADS @ $152.67 ($64,733); 128 ADS @ $153.42 ($19,638); 240 ADS @ $154.41 ($37,059); 100 ADS @ $155.97 ($15,597); and 100 ADS @ $156.00 ($15,600). Each ADS represents one ordinary share of the issuer.
Key Details
- Transaction date: May 6, 2026; Form 4 filed May 7, 2026 (timely).
- Total shares sold: 1,000 ADS; total proceeds ≈ $153,840.
- Price range across sales: approximately $151.17 to $156.00 (weighted averages reported for groups).
- Reported under sales code S (sale/disposition).
- Footnotes: trades were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/10/2025; filer offers to provide per-price breakdowns on request (per footnotes F3–F6).
- Shares owned after the transactions: not disclosed in the provided filing.
Context
- These were scheduled sales under a 10b5-1 plan, which means the trades were prearranged and executed according to that plan rather than ad hoc decisions tied to public announcements.
- Sales are generally treated as routine insider disposals; purchases tend to be more indicative of a direct bullish signal.
- No options exercise, gift, or tax-withholding event is reported in this filing.
Insider Transaction Report
Form 4
BELITE BIO, INCBLTE
MATA NATHAN L.
Chief Scientific Officer
Transactions
- Sale
American depositary share
[F1][F2][F3]2026-05-06$151.57/sh−8$1,213→ 1,658 total - Sale
American depositary share
[F1][F2][F4]2026-05-06$152.67/sh−424$64,733→ 1,234 total - Sale
American depositary share
[F1][F2][F5]2026-05-06$153.42/sh−128$19,638→ 1,106 total - Sale
American depositary share
[F1][F2][F6]2026-05-06$154.41/sh−240$37,059→ 866 total - Sale
American depositary share
[F1][F2]2026-05-06$155.97/sh−100$15,597→ 766 total - Sale
American depositary share
[F1][F2]2026-05-06$156.00/sh−100$15,600→ 666 total
Footnotes (6)
- [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 $151.17 to $151.97. 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 $152.25 to $152.99. 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.
- [F5]Represents the weighted average price of shares sold at prices that ranged from $153 to $153.98. 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 $154.02 to $154.64. 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.
Signature
/s/ Nathan L. Mata|2026-05-07