GILLIS JONATHAN 4
4 · MapLight Therapeutics, Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
MapLight (MPLT) CAAO Jonathan Gillis Shares Withheld for Taxes
What Happened
- Jonathan Gillis, CAAO and PAO of MapLight Therapeutics (MPLT), had 22,050 shares withheld by the company on 2026-01-27 to satisfy tax withholding obligations related to the settlement of restricted stock units. The withholding occurred at $17.98 per share for a total value of $396,459. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-01-27 (reported on Form 4 filed 2026-01-29)
- Shares withheld: 22,050 at $17.98 per share; total value ≈ $396,459
- Transaction code: F — payment of exercise price or tax liability (tax withholding on RSU settlement)
- Shares owned after transaction: not specified in the provided summary
- Footnote: The shares withheld satisfy tax withholding for RSU settlement. Remaining shares held by the reporting person are subject to a 180-day IPO lock-up following the final prospectus dated October 26, 2025 (per footnote).
- Filing timeliness: Report appears timely (transaction 1/27, Form 4 filed 1/29).
Context
- This was a routine tax-withholding event tied to RSU settlement (common when restricted shares vest). It is not an open-market sale and should not be read as a direct bearish signal by the insider. The lock-up restriction noted in the filing means many of the reporting person’s remaining shares may still be restricted from sale for the specified 180-day period.
Insider Transaction Report
Form 4
GILLIS JONATHAN
CAAO and PAO
Transactions
- Tax Payment
Voting Common Stock
[F1]2026-01-27$17.98/sh−22,050$396,459→ 248,503 total
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.
Signature
/s/ Kristopher L. Hanson, Attorney-in-Fact|2026-01-29