No material signal — the sale is mechanically tied to RSU vesting and tax withholding. Monitor for any discretionary insider sales (Form 4 filings) that could indicate a change in sentiment.
Price Chart
Executive Summary
Officer Jonathan Gillis filed a Form 144 to sell 36,979 shares (~$1.4M) of MapLight Therapeutics common stock solely to satisfy tax-withholding obligations from RSU vesting. This is a mandatory sell-to-cover transaction, not a discretionary insider sale, and represents ~0.08% of the $1.7B market cap. The filing is routine and carries no directional signal.
Key Facts
- Jonathan Gillis (Officer) proposes to sell 36,979 shares of MPLT common stock.
- Estimated proceeds: $1,401,874.00.
- Sale is explicitly for tax-withholding obligations related to RSU vesting.
- Gillis has sold 73,425 shares in three prior transactions (April 2026) totaling ~$2.18M.
- Proposed sale date: July 15, 2026; broker: Morgan Stanley Smith Barney.
Financial Impact
~$1.4M sale, ~0.08% of $1.7B market cap
Risk Factors
- None directly from this filing; routine tax-motivated sale.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (MPLT) — Batch item 1 | 0001193125-26-305149 |
| Document: 0001193125-26-305149-index.html | 0001193125-26-305149 |
| Document: 0001193125-26-305149.txt | 0001193125-26-305149 |
| 144 Filing (MPLT) — Batch item 4 | 0001193125-26-305149 |
| Document: 0001193125-26-305149-index.html | 0001193125-26-305149 |
| Document: 0001193125-26-305149.txt | 0001193125-26-305149 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Insider Cluster | $8.00 | awaiting T+20 | — | $7.66 (+4.25%) |
Oct 15, 2026 11d ago | 144 | $7.70 | awaiting T+20 | — | $7.66 (−0.52%) |
Oct 15, 2026 11d ago | 144 | $7.70 | awaiting T+20 | — | $7.66 (−0.52%) |
Oct 15, 2026 11d ago | 144 | $7.70 | awaiting T+20 | — | $7.66 (−0.52%) |
Sep 24, 2026 4w ago | EFFECT | $10.76 $8.25 | ▼ −23.33% | ▼ −22.91% | $7.66 (−28.81%) |
Sep 18, 2026 5w ago | S-1/A | $10.90 $8.00 | ▼ −26.61% | ▼ −25.70% | $7.66 (−29.72%) |
Aug 4, 2026 11w ago | Insider Cluster | $12.92 $13.06 | ▲ +1.08% | ▲ +1.69% | $7.66 (−40.71%) |
Aug 3, 2026 12w ago | 144 | $12.94 $13.31 | ▲ +2.86% | ▲ +4.10% | $7.66 (−40.80%) |
Jul 30, 2026 12w ago | 144 | $13.02 $12.60 | ▲ +3.23% | ▲ +6.21% | $7.66 (+41.17%) |
Jul 28, 2026 12w ago | Insider Buy | $15.02 $12.86 | ▼ −14.38% | ▼ −19.40% | $7.66 (−49.00%) |
US Market Status
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