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sellModerate

Bihua Chen sold $47M of MLTX

other at MoonLake Immunotherapeutics. 6,499,978 shares at an average of $7.21, traded Sep 29, 2025, filed Oct 1, 2025.

Warning score
53
Value
$47M
6,499,978 shares
Holdings after
1,994,173
-77% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Other
    +8
  • Trade size
    $46.9M at market
    +25
  • Share of holdings sold
    Sold 77% of holdings
    +20
  • Cluster
    No other insider selling within 14 days
    0

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 +43.1%, 3m +86.7%, 6m +134.0%.

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.

MLTXOct 9, 2026 · close 10.82
Since filing Oct 1, 2025: +53.3%SPY +17.7% · excess +35.6%

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 0000929638-25-003712, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 29, 2025SOpen-market sale
Class A Ordinary Sharesindirect: See Footnotes
-70,748$9.38$664k8,423,403Oct 1, 2025
Sep 29, 2025SOpen-market sale
Class A Ordinary Sharesindirect: See Footnotes
-232,460$8.40$2.0M8,190,943Oct 1, 2025
Sep 29, 2025SOpen-market sale
Class A Ordinary Sharesindirect: See Footnotes
-3,390,943$7.58$26M4,800,000Oct 1, 2025
Sep 29, 2025SOpen-market sale
Class A Ordinary Sharesindirect: See Footnotes
-2,800,000$6.61$19M2,000,000Oct 1, 2025
Sep 30, 2025SOpen-market sale
Class A Ordinary Sharesindirect: See Footnotes
-5,827$6.96$41k1,994,173Oct 1, 2025

Related signals

Other insiders at MoonLake Immunotherapeutics and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
0Weak
MLTXsell10b5-1
MoonLake Immunotherapeutics
Kristian Reich
Chief Scientific Officer
$22k
1,100 shares
-0%
28Weak
MLTXsell 210b5-1
MoonLake Immunotherapeutics
Kristian Reich
Chief Scientific Officer
$1.0M
52,448 shares
-2%
26Weak
MLTXsell 210b5-1
MoonLake Immunotherapeutics
Kristian Reich
Chief Scientific Officer
$878k
43,700 shares
-2%
17Weak
MLTXsell 210b5-1
MoonLake Immunotherapeutics
Kristian Reich
Chief Scientific Officer
$322k
16,105 shares
-1%
38Weak
MLTXsell 210b5-1
MoonLake Immunotherapeutics
da Silva Jorge Santos
Chief Executive Officer
$2.0M
102,225 shares
-4%
44Moderate
MLTXsell 310b5-1
MoonLake Immunotherapeutics
da Silva Jorge Santos
Chief Executive Officer
$957k
47,775 shares
-2%
40Moderate
MLTXsell 310b5-1
MoonLake Immunotherapeutics
Matthias Bodenstedt
Chief Financial Officer
$862k
39,120 shares
-3%
32Weak
MLTXsell 310b5-1
MoonLake Immunotherapeutics
Matthias Bodenstedt
Chief Financial Officer
$352k
17,876 shares
-2%
28Weak
MLTXsell 210b5-1
MoonLake Immunotherapeutics
Kristian Reich
Chief Scientific Officer
$2.9M
150,000 shares
-5%
15Weak
MLTXsell10b5-1
MoonLake Immunotherapeutics
Matthias Bodenstedt
Chief Financial Officer
$273k
13,653 shares
-1%

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.

Bihua Chen sold $47M of MLTX | InsiderTell