The insider selling is immaterial in dollar terms relative to market cap and involves no C-suite departures or unusual patterns. No bearish read-through warranted. Monitor upcoming earnings or clinical catalysts for any fundamental changes, but this cluster alone does not signal distress.
Price Chart
Executive Summary
Five MapLight insiders, including the CEO, CFO, CSO, and CMO, sold a total of ~$937K in open-market sales over a 7-day window ending May 11, 2026. The cluster is concentrated among top executives and represents ~0.08% of the $1.2B market cap, which is below the 0.1% materiality threshold. The selling is routine in magnitude and likely reflects standard portfolio diversification or tax planning rather than a negative signal on fundamentals.
Key Financial Metrics
Key Facts
- Five insiders sold shares: CEO, CFO, CSO, CMO, and General Counsel
- Total open-market sales: ~$937K across 7 trading days
- Sales represent ~0.08% of MPLT's $1.2B market cap
- CEO Christopher Kroeger sold ~$1.47M total across multiple transactions (including prior cluster data)
- No insider purchases were reported in the cluster
Financial Impact
Total insider sales of ~$937K, or ~0.08% of market cap — trivial relative to company size
Risk Factors
- Continued insider selling at higher volumes could erode confidence
- No purchases to offset the selling pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MPLT-1778549438064 |
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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