Form 4: Mineralys Therapeutics CFO Sells Over 10,000 Shares Under Pre-Arranged 10b5-1 Plan
Insider Transaction Report
Mineralys Therapeutics' CFO and Secretary, Adam Scott Levy, sold 10,758 shares of common stock on July 11, 2025, through a pre-arranged Rule 10b5-1 trading plan.
Summary
- Adam Scott Levy, the Chief Financial Officer and Secretary of Mineralys Therapeutics, Inc. (MLYS), reported a transaction involving the company's common stock.
- On July 11, 2025, Mr. Levy sold 10,758 shares of common stock.
- The shares were sold at a weighted-average price of $14.4501 per share, with individual transaction prices ranging from $14.3012 to $14.6546.
- This transaction was executed pursuant to a Rule 10b5-1 trading plan that Mr. Levy adopted on November 14, 2023.
- Following this reported transaction, Adam Scott Levy beneficially owns 206,612 shares of Mineralys Therapeutics common stock.
- The reported beneficial ownership balance includes 2,030 shares purchased under the Mineralys Therapeutics, Inc. 2023 Employee Stock Purchase Plan that were not previously reported.
Sentiment
Score: 5
Explanation: The document reports a pre-planned sale of shares by a company officer, which is a routine transaction under a 10b5-1 plan and does not inherently indicate a negative outlook on the company's future. It is a neutral event.
Negatives
- CFO Adam Scott Levy sold 10,758 shares of common stock, reducing his direct beneficial ownership.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The transaction represents a reduction in direct insider ownership, though it was executed under a pre-arranged trading plan, which typically mitigates concerns about opportunistic selling.
Key Dates
| Date | Description |
|---|---|
| 11/14/2023 | Rule 10b5-1 trading plan adopted by Adam Scott Levy. |
| 07/11/2025 | Date of transaction where 10,758 shares of common stock were sold. |
| 07/15/2025 | Date the Form 4 was filed with the SEC. |
Keywords
Mineralys Therapeutics, MLYS, Adam Scott Levy, CFO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.