SecBot SecBot
Insider Cluster (2 insiders) ·Filed Sep 9, 2026

BLTE

BELITE BIO, INC
BEARISH
Impact 6/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $837K total
Actionable Insight ▼ Bearish

CEO and CFO of Belite Bio sold a combined $837K in open-market sales on Sept 4, 2026, part of a larger 7-day cluster totaling ~$15.5M. Both top executives sold at prices between $180-$198, with the CEO alone selling ~$8.1M. This is a material insider selling cluster at a $7.8B market cap, representing ~0.2% of market cap, and is amplified by the presence of both C-suite officers selling in coordination.

DirectionBearish
Confidencehigh
Horizonweeks
Latest settled — T+20d
BLTE ▼ -12.88% at T+20d
SHORT call ✓ call won +12.88% · α vs SPY +15.01% · entry $175.07 → $152.52
Next anchor: T+60d in 5w
Latest observation: T+31 +23.91% FF3 residual α
Entry = T+0 close
Sep 9, 2026
via day close
T+1d
-0.73%
call +0.73% · α +1.58%
$173.79
settled 7w ago
T+5d
-2.70%
call +2.70% · α +2.20%
$170.35
settled 6w ago
T+20d
-12.88%
call +12.88% · α +15.01%
$152.52
settled 19d ago
T+60d
Pending
in 5w

Price Chart

Loading chart...

Executive Summary

CEO and CFO of Belite Bio sold a combined $837K in open-market sales on Sept 4, 2026, part of a larger 7-day cluster totaling ~$15.5M. Both top executives sold at prices between $180-$198, with the CEO alone selling ~$8.1M. This is a material insider selling cluster at a $7.8B market cap, representing ~0.2% of market cap, and is amplified by the presence of both C-suite officers selling in coordination.

Key Financial Metrics

Direction
selling
Total Value
$837.0K
Insiders
2

Key Facts

  • CEO Lin Yu-Hin sold ~$8.1M in open-market sales over Sept 4-8, 2026
  • CFO Chuang Hao-Yuan sold ~$5.8M in open-market sales over the same window
  • Total 7-day cluster: ~$15.5M in insider selling by both C-suite executives
  • Sales occurred at prices between $180.29 and $198.09 per share
  • No insider buying in the cluster; 100% of trades were open-market sales
  • Cluster represents ~0.2% of BLTE's $7.8B market cap

Financial Impact

Total insider selling of ~$15.5M over 7 days, representing ~0.2% of market cap

insider ownershipmarket sentiment

Risk Factors

  • Insider selling may indicate management's view that the stock is fully valued
  • Coordinated C-suite selling could precede negative clinical or regulatory news
  • Selling cluster at $180-$198 may represent a near-term top in the stock

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
93% bullish (14 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-BLTE-1788999609853
11 reports for BLTE
Performance horizon
71% Hit rate @ T+20 5 of 7 directional calls Went positive at some point 6 of 7 best @ T+60▲ +26.98%Jun 12, 2026
Filters
Rows
Reports for BLTE — sortable, filterable
TypeNow
Oct 19, 2026
7d ago
6-K
NEUTRAL ★ 4/10
$147.34awaiting T+20—$147.33 (−0.01%)
Sep 9, 2026
6w ago
Insider Cluster
BEARISH ★ 6/10
$175.07 $152.52▲ +12.88%▲ +15.01%$147.33 (+15.85%)
Aug 12, 2026
10w ago
6-K
BULLISH ★ 7/10
$166.28 $173.79▲ +4.52%▲ +6.26%$147.33 (−11.40%)
Aug 12, 2026
10w ago
Press Release
BULLISH ★ 7/10
$166.28 $173.79▲ +4.52%▲ +6.26%$147.33 (−11.40%)
Jun 12, 2026
19w ago
6-K
BULLISH ★ 6/10
$144.24 $147.03▲ +1.93%▲ +2.68%$147.33 (+2.14%)
May 20, 2026
22w ago
Press Release
MIXED ★ 6/10
$143.36 $146.12▲ +1.93%▲ +1.18%$147.33 (+2.77%)
Apr 21, 2026
26w ago
6-K
BULLISH ★ 8/10
$167.42 $139.70▼ −16.56%▼ −19.72%$147.33 (−12.00%)
Apr 21, 2026
26w ago
Press Release
NEUTRAL ★ 5/10
$167.42 $139.70▼ −16.56%▼ −19.72%$147.33 (−12.00%)
Apr 9, 2026
28w ago
Insider Cluster
BEARISH ★ 7/10
$181.17 $156.21▲ +13.78%▲ +21.34%$147.33 (+18.68%)
Apr 9, 2026
28w ago
Insider Cluster
BEARISH ★ 6/10
$181.17 $156.21▲ +13.78%▲ +21.34%$147.33 (+18.68%)
Showing 10 of 11

US Market Status

Market Closed — Opens in 22m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers
Report published Sep 9, 2026