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sellWeak cluster of 510b5-1 plan

David Raben sold $406k of BCAX

Chief Medical Officer at Bicara Therapeutics Inc.. 22,000 shares at an average of $18.45, traded Oct 9, 2025, filed Oct 10, 2025.

Warning score
21
Value
$406k
22,000 shares
Holdings after
35,497
-38% from before
From 52-week low
+110%
low $8.71, close $18.26
From 52-week high
-28%
high $25.19, as of Oct 9, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $406k at market
    +16
  • Share of holdings sold
    Sold 38% of holdings
    +10
  • Cluster
    5 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -17.7%, 3m +1.0%, 6m +18.8%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

BCAXOct 12, 2026 · close 17.33
Since filing Oct 10, 2025: -2.5%SPY +20.4% · excess -23.0%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0002034679-25-000003, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Oct 9, 2025MOption exercise
Common Stock10b5-1
+22,000$3.79$83k57,497Oct 10, 2025
Oct 9, 2025SOpen-market sale
Common Stock10b5-1
-22,000$18.45$406k35,497Oct 10, 2025
Oct 9, 2025MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-22,000$0.00$0128,870Oct 10, 2025

Related signals

Other insiders at Bicara Therapeutics Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
6Weak
BCAXsell10b5-1
Bicara Therapeutics Inc.
Ryan Cohlhepp
President, COO & Interim CEO
$401k
17,500 shares
-9%
18Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Ryan Cohlhepp
President and COO
$525k
18,750 shares
-9%
19Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Claire Mazumdar
Chief Executive Officer
$280k
10,000 shares
-3%
17Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Ivan Hyep
Chief Financial Officer
$350k
12,500 shares
-9%
19Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Claire Mazumdar
Chief Executive Officer
$284k
10,000 shares
-3%
29Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Ivan Hyep
Chief Financial Officer
$808k
28,000 shares
-18%
28Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Ryan Cohlhepp
President and COO
$833k
28,750 shares
-14%
14Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Ivan Hyep
Chief Financial Officer
$188k
9,200 shares
-6%
19Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Claire Mazumdar
Chief Executive Officer
$301k
15,000 shares
-4%
13Weak
BCAXsell 310b5-1
Bicara Therapeutics Inc.
Ryan Cohlhepp
President and COO
$254k
12,500 shares
-6%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David Raben sold $406k of BCAX | InsiderTell