MLTX MoonLake Immunotherapeutics

NASDAQ
$12.39

MoonLake Immunotherapeutics (MLTX) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal Moderately bearish Selling ran elevated versus MLTX's own trailing one-year pace, with 15% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 3 sellers in the last 90 days
Insiders buying
0
0 transactions
Insiders selling
4
23 transactions
Purchases
$0
0 shares
Sales
$77.0M
4,474,223 shares
Net activity
-$77.0M
purchases less sales

How much of that selling was preplanned? 15% planned / 85% discretionary

10b5-1 plan sales $11.3M 18 transactions · 574,223 shares
Discretionary sales $65.7M 5 transactions · 3,900,000 shares

Largest single sale: $32.4M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: October 8, 2025 , by Bodenstedt Matthias .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Reich Kristian Chief Scientific Officer Sell 10b5-1 1,100 $20.00 $22.0K 2,711,198 −0% of holding
Reich Kristian Chief Scientific Officer Sell 10b5-1 2,448 $20.00 $49.0K 2,712,298 −0.1% of holding
Reich Kristian Chief Scientific Officer Sell 10b5-1 50,000 $20.02 $1.0M 2,714,746 −1.8% of holding
Reich Kristian Chief Scientific Officer Sell 10b5-1 43,700 $20.09 $877.9K 2,764,746 −1.6% of holding
Reich Kristian Chief Scientific Officer Sell 10b5-1 16,105 $20.01 $322.3K 2,808,446 −0.6% of holding
Santos da Silva Jorge Chief Executive Officer Sell 10b5-1 68,289 $20.02 $1.4M 2,774,893 −2.4% of holding
Santos da Silva Jorge Chief Executive Officer Sell 10b5-1 33,936 $20.01 $679.1K 2,843,182 −1.2% of holding
Santos da Silva Jorge Chief Executive Officer Sell 10b5-1 47,775 $20.03 $956.9K 2,877,118 −1.6% of holding
Bodenstedt Matthias Chief Financial Officer Sell 10b5-1 39,120 $22.04 $862.2K 1,115,435 −3.4% of holding
Bodenstedt Matthias Chief Financial Officer Sell 10b5-1 2,794 $19.60 $54.8K 1,154,555 −0.2% of holding
Reich Kristian Chief Scientific Officer Sell 10b5-1 50,000 $19.43 $971.5K 2,824,551 −1.7% of holding
Bodenstedt Matthias Chief Financial Officer Sell 10b5-1 15,082 $19.68 $296.8K 1,157,349 −1.3% of holding
Reich Kristian Chief Scientific Officer Sell 10b5-1 50,000 $18.70 $935.0K 2,874,551 −1.7% of holding
Reich Kristian Chief Scientific Officer Sell 10b5-1 50,000 $18.89 $944.5K 2,924,551 −1.7% of holding
Bodenstedt Matthias Chief Financial Officer Sell 10b5-1 13,653 $20.02 $273.3K 1,172,431 −1.2% of holding
Bodenstedt Matthias Chief Financial Officer Sell 10b5-1 2,426 $19.56 $47.5K 1,186,084 −0.2% of holding
Santos da Silva Jorge Chief Executive Officer Sell 51,873 $18.23 $945.6K 2,924,893 −1.7% of holding
Santos da Silva Jorge Chief Executive Officer Sell 98,127 $18.41 $1.8M 2,976,766 −3.2% of holding
Bodenstedt Matthias Chief Financial Officer Sell 10b5-1 1,925 $19.51 $37.6K 1,188,510 −0.2% of holding
Bodenstedt Matthias Chief Financial Officer Sell 10b5-1 85,870 $18.94 $1.6M 1,190,435 −6.7% of holding
3 fills Sell 3,750,000 $16.79 $63.0M 8,302,735 −31.1% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.