NewAmsterdam Pharma CSO Kastelein sells 300,000 shares for $9.1M over three days, reducing stake to 69.3K shares (81.2% reduction).
Kastelein Johannes Jacob Pieter, Chief Scientific Officer, executed 3 separate sales totaling 300,000 shares for $9,090,868.39 at a blended average price of $30.30 between March 5–9, 2026, reducing his holdings from 369.3K to 69.3K shares. This represents an 81.2% reduction in his position while the stock trades at $30.77 current price, down 25.8% from its 52-week high of $41.45 and down 10.3% over 30 days. The company context is material: revenue is $348.0K (latest quarter), net income stands at -$72.0M, annual revenue growth is -50.6%, and the company was unprofitable over its most recent full fiscal year. His prior trades at NAMS show no pattern of well-timed 90-day outcomes (0 of 3 prior sells had negative 90d returns after the sale), and his cross-ticker track record shows an average 90-day return of +37.2% following sells—indicating his past sales have typically preceded gains, not declines. The magnitude of this stake reduction, paired with severe revenue contraction and persistent losses, warrants close examination of whether fundamental deterioration is driving the exit or whether other factors are at play.