MLTX CEO Da Silva Jorge Santos sold 47,775 shares at $20.03 under 10b5-1 plan; stock down -69.8% from 52-week high amid unprofitable operations
Da Silva Jorge Santos sold 47,775 shares of MoonLake Immunotherapeutics at $20.03 on 2026-07-01 under a pre-arranged 10b5-1 trading plan adopted 2026-03-31, a scheduled rather than discretionary transaction. The sale occurred while the stock is down -69.8% from its 52-week high of $62.75 and the company reported negative net income of $-69.7M over its most recent full fiscal year, indicating the firm remains unprofitable. This is the CEO's sixth documented sale at MLTX within recent months; his prior same-ticker sells show mixed near-term outcomes (ranging from -25.1% to +26.4% over 90 days), and his broader cross-ticker track record across 10 prior sales averaged -15.8% 90-day returns post-sale, suggesting his prior sales preceded stock declines, though the current sale's timing is mechanically determined by the 10b5-1 plan rather than discretionary judgment.