Setia Vishwas 4

What Happened Setia Vishwas, CFO of MapLight Therapeutics (MPLT), had 33,382 shares withheld on January 27, 2026 to satisfy tax withholding related to the settlement of a restricted stock unit (RSU) award. The withholding was recorded at $17.98 per share for a total value of approximately $600,208. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-27; filing date: 2026-01-29.
• Price per share: $17.98; shares withheld/disposed: 33,382; total value ≈ $600,208.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Shares withheld represent tax withholding on RSU settlement. The retained securities remain subject to a 180-day IPO lock-up tied to the October 26, 2025 final prospectus (lock-up through April 24, 2026).
• Timeliness: Filing was submitted two days after the transaction; no late-filing flag indicated in provided data.

Context This was a routine cashless tax withholding to satisfy RSU tax obligations rather than a voluntary open-market sale; such withholdings are common and do not by themselves indicate the insider's view on the company. The retained shares remain subject to the IPO lock-up, limiting transfers until the lock-up expires.