Form 4: MapLight Therapeutics Officer Sells Shares for Tax
Insider Transaction Report
MapLight Therapeutics' Chief Discovery Officer, Anatol Kreitzer, disposed of 42,099 common shares to satisfy tax withholding obligations.
Summary
- Anatol Kreitzer, Chief Discovery Officer of MapLight Therapeutics, Inc. (MPLT), reported a transaction involving company common stock.
- On January 27, 2026, 42,099 shares of Voting Common Stock were disposed of at a price of $17.98 per share.
- This disposition represents shares withheld by the Issuer to cover tax withholding obligations related to the settlement of restricted stock unit awards.
- Following this transaction, Anatol Kreitzer beneficially owns 253,908 shares of Voting Common Stock directly.
- The retained securities are subject to a 180-day lock-up agreement from the initial public offering's final prospectus date of October 26, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The transaction is a mandatory disposition for tax purposes, not a discretionary sale, and therefore does not reflect management's sentiment towards the company's future prospects.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and do not typically provide broader industry context. This specific filing details a common event related to executive compensation and tax obligations.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine tax-related transaction by an insider, not a discretionary sale. The lock-up agreement continues to restrict the sale of remaining shares.
Key Dates
| Date | Description |
|---|---|
| 10/26/2025 | Date of final prospectus relating to the initial public offering, initiating a 180-day lock-up period for certain securities. |
| 01/27/2026 | Date of transaction where shares were disposed of for tax withholding. |
| 01/29/2026 | Date the Form 4 was signed. |
Keywords
MapLight Therapeutics, MPLT, Anatol Kreitzer, Chief Discovery Officer, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Lock-up Agreement
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