MLTX▼
MoonLake Immunotherapeutics CFO Matthias Bodenstedt sells 39,120 shares for approximately $862,000
MoonLake Immunotherapeutics Chief Financial Officer Matthias Bodenstedt sold 39,120 Class A ordinary shares in an open-market transaction on June 22, valued at approximately $862,000 based on a reported price of $22.04 per share. The sale represented 3.4% of his direct holdings, leaving him with 1,115,435 shares directly held after the transaction. The transaction was executed under a pre-arranged 10b5-1 trading plan, similar to recent sales by CEO Jorge Santos da Silva, and does not involve any indirect holdings or derivative instruments. MoonLake Immunotherapeutics is a clinical-stage biotechnology company with a market capitalization of $1.5 billion and a trailing twelve-month net loss of $259.5 million, and its stock remains highly sensitive to clinical development news.