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EdgarHawk

Bernstein Harold

President, R&D & CMO

Officer
5 filings analyzed · 1 company · Latest 2026-03-20

Companies

Company Buys Sells Direction
Maze Therapeutics, Inc. MAZE 0 17 Net selling

Activity

March 2026
high
Sell
15,000 shares
$736,439
Significance 7/10

MAZE President/R&D CMO Bernstein liquidates full position: 15,000 shares via 3 sales (Mar 20) for $736,439.29, blended $49.10/share.

Bernstein completed a complete liquidation of his 15,000-share stake at Maze Therapeutics via three separate sales on March 20, 2026, averaging $49.10 per share against a current price of $48.03. The filing is significant because a senior executive holding the President/R&D and Chief Medical Officer title has exited his entire equity position. The company is in a pre-revenue stage (latest quarterly revenue $0.00) with substantial net losses ($-30.1M), and Bernstein's full-position exit suggests a material reduction in his direct economic alignment with the company's future performance. The current price ($48.03) sits near the midpoint of his sale range ($48.20–$50.02), offering no obvious price-driven catalyst for the timing, though his cross-ticker sales history shows a prior average 30-day return of +4.4%, providing limited forward-looking signal.

high
Sell
30,000 shares
$1,513,560
Significance 6/10

MAZE President of R&D Harold Bernstein sells entire 30,000 share stake for $1,513,560.22 ($50.45 blended avg); zero holdings post-transaction.

Harold Bernstein, President of R&D & CMO at Maze Therapeutics, executed two separate sales totaling 30,000 shares for $1,513,560.22 on 2026-03-10, eliminating his entire equity position in the company. The stock currently trades at $51.84, only 2.7% above his blended average sale price of $50.45, placing the sales near recent highs (at the 52-week high). Maze is a pre-revenue clinical-stage biotech with a net loss of $30,087,000 for the latest quarter and a $2.5B market cap, typical of venture-backed therapeutics programs. Bernstein's prior transaction history at MAZE (5 recent trades, all sales in January and February 2026) shows mixed near-term outcomes (90-day data not yet measurable for most), but his cross-ticker track record of 7 prior sells averaged a +4.4% 30-day return, suggesting his sells have historically not been ill-timed in the immediate aftermath. Complete liquidation of an executive's holding is a notable event and warrants examination of whether it reflects material concerns about near-term prospects, though the timing relative to the company's stage and cash position requires context beyond the filing itself.

February 2026
high
Sell
15,000 shares
$690,334
Significance 7/10

President of R&D sold entire 15,000-share MAZE position in 4 transactions on 2026-02-02, blended at $46.02, realizing $690,333.75.

Harold Bernstein, President of R&D & CMO, executed a complete exit of his MAZE holdings, liquidating 15,000 shares (100% of his pre-transaction position) across 4 separate sales on 2026-02-02, at prices ranging from $44.20 to $47.23 and a blended average of $46.02. The current stock price of $48.14 is at the 52-week high, and the stock has gained 24.6% over 30 days and 62.5% over 90 days, both substantial moves occurring after the filing date. His same-ticker history shows two prior sells on 2025-12-29 (both posted positive 30-day returns of 7.5% and 6.0%) and a sell on 2026-01-07, though outcomes on those trades remain unmeasurable. A 100% liquidation by a senior executive signals a definitive disengagement from the company at a time when the stock is trading near its highest valuation in 52 weeks, despite the company posting $0.00 in revenue and a net loss of $-30,087,000.00 in the latest quarter. This complete exit, combined with the absence of any offsetting purchases, merits investor attention given his operational role in research and development.

January 2026
high
Sell
25,156 shares
$1,011,299
Significance 7/10

MAZE President & CMO Bernstein sells entire 25,156-share position for $1.0M at $40.20 on 2026-01-07; now holds zero shares

Harold Bernstein, President, R&D & CMO, executed a complete exit of his 25,156-share stake at $40.20, liquidating his entire position in Maze Therapeutics (pre-transaction: 25,156 shares; post-transaction: 0 shares, -100.0%). The transaction value of $1,011,298.87 occurred near the 52-week high of $42.60 (only -5.4% below peak), and follows two prior sales by the same insider at the identical ticker within the preceding week (both on 2025-12-29). Given that the company reports zero revenue in the latest quarter and negative net income of $-30,087,000.00, a full position exit by a senior R&D executive warrants scrutiny regarding confidence in near-term therapeutic progress and capital runway. The rapid succession of three sales across a single week, culminating in complete liquidation, reflects material action distinct from routine portfolio rebalancing.

December 2025
high
Sell
45,000 shares
$1,825,355
Significance 8/10

MAZE President R&D/CMO Bernstein sells entire 45,000-share stake in 2 transactions for $1.8M at $40.34–$40.93

Bernstein, President of R&D and Chief Medical Officer, divested his complete 45.0K share position through 2 separate sales totaling $1,825,354.84 at blended average price of $40.56. The sale occurs as MAZE stock has appreciated 10.2% over 30 days and 56.3% over 90 days, yet the company continues to report no revenue and net losses of $-30,087,000.00, with a $2.0B market cap heavily dependent on pipeline value. The complete elimination of the R&D leader's holdings, particularly at current valuations near 52-week highs ($42.60), removes a key insider stake at a critical juncture for a clinical-stage biotech whose prospects depend entirely on unproven assets.

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