Coordinated selling by top executives, including C-suite, raises concerns about confidence in near-term prospects. Monitor upcoming earnings or pipeline updates for potential catalysts that may have prompted the timing. While the dollar amount is modest relative to market cap, the concentration among executives amplifies the negative signal.
Price Chart
Executive Summary
Four insiders at Belite Bio, including the CEO, CFO, and Chief Scientific Officer, sold shares in a coordinated cluster totaling $1.04 million over an 8-day period. All transactions were open-market sales, with the majority occurring on April 9, 2026, at prices near $180 per share.
Key Financial Metrics
Key Facts
- CEO Lin Yu-Hsin sold 2,500 shares for $451,000
- CFO Chuang Hao-Yuan sold 2,000 shares for $361,000
- Director Chen Wan-Shan sold 1,100 shares for $198,000
- CSO Nathan L. Mata sold 216 shares for $34,188 on April 16, following two prior small sales
- All trades were open-market sales (code 'S'), totaling $1.04M in value
Financial Impact
$1.04 million in insider sales over 8 days, representing 0.016% of the company's $6.5B market cap
Risk Factors
- Perceived lack of confidence from executive team
- Potential for negative market reaction despite small absolute size
- Possible anticipation of adverse clinical or regulatory news
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BLTE-1776716163174 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 6-K | $147.34 | awaiting T+20 | — | $147.33 (−0.01%) |
Sep 9, 2026 6w ago | Insider Cluster | $175.07 $152.52 | ▲ +12.88% | ▲ +15.01% | $147.33 (+15.85%) |
Aug 12, 2026 10w ago | 6-K | $166.28 $173.79 | ▲ +4.52% | ▲ +6.26% | $147.33 (−11.40%) |
Aug 12, 2026 10w ago | Press Release | $166.28 $173.79 | ▲ +4.52% | ▲ +6.26% | $147.33 (−11.40%) |
Jun 12, 2026 19w ago | 6-K | $144.24 $147.03 | ▲ +1.93% | ▲ +2.68% | $147.33 (+2.14%) |
May 20, 2026 22w ago | Press Release | $143.36 $146.12 | ▲ +1.93% | ▲ +1.18% | $147.33 (+2.77%) |
Apr 21, 2026 26w ago | 6-K | $167.42 $139.70 | ▼ −16.56% | ▼ −19.72% | $147.33 (−12.00%) |
Apr 21, 2026 26w ago | Press Release | $167.42 $139.70 | ▼ −16.56% | ▼ −19.72% | $147.33 (−12.00%) |
Apr 9, 2026 28w ago | Insider Cluster | $181.17 $156.21 | ▲ +13.78% | ▲ +21.34% | $147.33 (+18.68%) |
Apr 9, 2026 28w ago | Insider Cluster | $181.17 $156.21 | ▲ +13.78% | ▲ +21.34% | $147.33 (+18.68%) |
US Market Status
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