Form 4: BioXcel Therapeutics Director David J. Mack Reports Stock Transactions
SEC Form 4 Filing
Director David J. Mack reports the acquisition and disposal of BioXcel Therapeutics stock and restricted stock units.
Summary
- On April 30, 2025, David J. Mack, a director of BioXcel Therapeutics, Inc., reported transactions involving the company's stock.
- Mack acquired 1,693 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, Mack disposed of 1,693 shares of common stock.
- Following these transactions, Mack directly owns 10,158 shares of BioXcel Therapeutics common stock.
- Mack also owns 10,159 restricted stock units.
- The RSUs vest in twelve equal monthly installments starting November 30, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares as RSUs vest.
Key Dates
| Date | Description |
|---|---|
| November 21, 2024 | Reporting Person was granted 20,317 RSUs |
| November 30, 2024 | RSUs vesting in twelve equal installments on the last date of each month beginning on this date |
| April 30, 2025 | Date of transaction: acquisition and disposal of common stock and vesting of RSUs |
| May 01, 2025 | Date of signature |
Keywords
BioXcel Therapeutics, BTAI, Form 4, David J. Mack, Director, Stock, Restricted Stock Units, RSU, Beneficial Ownership, Transaction
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