CFO Matthias Bodenstedt sells 39.1K MLTX shares at $22.04 via scheduled 10b5-1 plan; stock down 66.2% from 52-week high, company unprofitable.
CFO Matthias Bodenstedt sold 39,120 shares at $22.04 on 2026-06-22 under a pre-arranged 10b5-1 trading plan adopted 2025-12-10, reducing holdings from 1,154,555 to 1,115,435 shares. The transaction is scheduled rather than discretionary. MoonLake Immunotherapeutics is currently unprofitable with net income of $-69,707,000.00 and the stock is trading 66.2% below its 52-week high of $62.75. Bodenstedt's prior trades at MLTX show mixed outcomes: his April 2026 sells declined 12.6% and 9.9% over 30 days, though an October 2025 buy gained 16.9% and 22.9% over 30 and 90 days respectively. The scheduled nature of this transaction limits inference about timing or conviction, though the context of sustained underperformance and negative profitability provides backdrop for investor evaluation.