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sellNotable cluster of 5

Mark T Iwicki sold $125k of KALA

CHIEF EXECUTIVE OFFICER at KALA BIO, Inc.. 154,894 shares at an average of $0.81, traded Oct 23, 2025, filed Oct 24, 2025.

Warning score
61
Value
$125k
154,894 shares
Holdings after
103,540
-60% from before
From 52-week low
0%
low $39.10, close $39.10
From 52-week high
-96%
high $981.50, as of Oct 23, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $125k at market
    +11
  • Share of holdings sold
    Sold 60% of holdings
    +20
  • Cluster
    5 insiders selling within 14 days
    +15

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.

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.

KALAOct 9, 2026 · close 0.29
Since filing Oct 24, 2025: -99.3%SPY +16.2% · excess -115.5%

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 0001415537-25-000004, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Oct 23, 2025SOpen-market sale
Common Stock
-154,894$0.81$125k103,540Oct 24, 2025

Related signals

Other insiders at KALA BIO, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
56Moderate
KALAsell 5
KALA BIO, Inc.
Todd Bazemore
SEE REMARKS
$40k
47,768 shares
-57%
56Moderate
KALAsell 5
KALA BIO, Inc.
Romulus K Brazzell
SEE REMARKS
$39k
46,748 shares
-57%
62Notable
KALAsell 5
KALA BIO, Inc.
Mary Reumuth
CHIEF FINANCIAL OFFICER
$28k
33,197 shares
-53%
40Moderate
KALAsell 5
KALA BIO, Inc.
Darius Kharabi
CHIEF BUSINESS OFFICER
$17k
20,806 shares
-33%
53Moderate
KALAsell
KALA BIO, Inc.
Baker Bros. Advisors LP
other
$1.1M
730,408 shares
-616%
10Weak
KALAsell 510b5-1
KALA BIO, Inc.
Todd Bazemore
SEE REMARKS
$16k
4,058 shares
-5%
10Weak
KALAsell 510b5-1
KALA BIO, Inc.
Romulus K Brazzell
SEE REMARKS
$21k
5,251 shares
-6%
17Weak
KALAsell 510b5-1
KALA BIO, Inc.
Mark T Iwicki
CHIEF EXECUTIVE OFFICER
$53k
13,227 shares
-5%
17Weak
KALAsell 510b5-1
KALA BIO, Inc.
Mary Reumuth
CHIEF FINANCIAL OFFICER
$15k
3,631 shares
-6%
10Weak
KALAsell 510b5-1
KALA BIO, Inc.
Darius Kharabi
CHIEF BUSINESS OFFICER
$18k
4,511 shares
-7%

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.