BCAX Bicara Therapeutics Inc.

NEUTRAL Impact: 4/10 Insider Cluster (2 insiders)
Horizon days Filed Mar 16, 2026 Processed 2mo ago
Insider cluster: 3 insiders, $0.4M total
Final — all horizons settled through T+60d
BCAX ▲ +3.61% at T+60d
NEUTRAL call ✓ call won +3.61% · α vs SPY -6.88% · entry $19.40 → $20.10
Last close $21.69 (close Jun 12) · +11.80% from $19.40 entry
Entry anchored
Mar 13, 03:59 PM ET
via Databento tick
T+1d
-0.41%
call -0.41% · α -0.68%
$19.32
settled 3mo ago
T+5d
-5.21%
call -5.21% · α -3.16%
$18.39
settled 3mo ago
T+20d
+18.45%
call +18.45% · α +14.67%
$22.98
settled 2mo ago
T+60d
+3.61%
call +3.61% · α -6.88%
$20.10
settled 6d ago

Price Chart

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Executive Summary

Multiple C-suite executives at Bicara Therapeutics (BCAX) exercised stock options and sold shares in the open market over a 7-day period, generating over $483,000 in total proceeds from sales. The transactions were primarily driven by option exercises followed by corresponding sales to cover taxes and realize gains, with no open-market purchases observed.

Key Financial Metrics

Direction
selling
Total Value
$483.2K
Insiders
2

Actionable Insight

Monitor for next earnings release or clinical trial updates — this activity appears to be routine option monetization rather than a signal of distress. However, absence of buying and concentration of selling among top executives warrants caution if repeated in future periods.

Key Facts

  • CEO Mazumdar Claire and CFO Hyep Ivan exercised derivative securities (stock options) and sold the resulting shares in open-market transactions.
  • Total open-market sales amounted to $483,168.03 across 30,200 shares sold at prices between $18.52 and $18.95.
  • All transactions involving cash proceeds were sales; no open-market purchases were made.
  • Non-cash transactions (codes M and A) totaled $81,611.52 in value, related to option exercises at $3.7898 strike price.
  • Total insider selling represents approximately 0.048% of the company's $1.0B market cap — below the 0.1% threshold for materiality.

Financial Impact

$483,168 in open-market insider selling over 7 days, plus $81,612 in non-cash option exercises

insider ownershippotential sentiment signal

Risk Factors

  • Perception of lack of confidence if insiders continue to sell without reinvesting
  • Potential for negative sentiment if no offsetting positive catalysts emerge soon

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (12 trades, 7d window)cluster-BCAX-1774395923664
13 reports for BCAX
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for BCAX — sortable, filterable
Type Now
Jun 11, 2026
3d ago
Institutional Cluster
BEARISH ★ 5/10
$20.90 awaiting T+5awaiting T+5$21.69 (−3.80%)
May 26, 2026
19d ago
Insider Cluster
NEUTRAL ★ 2/10
$21.58 $20.00▼ −7.32%▼ −7.79%$21.69 (+0.51%)
May 11, 2026
4w ago
8-K
NEUTRAL ★ 4/10
$22.92 $19.29▼ −15.84%▼ −15.75%$21.69 (−5.37%)
May 4, 2026
5w ago
Press Release
NEUTRAL ★ 2/10
$22.72 $22.92▲ +0.88%▼ −2.06%$21.69 (−4.53%)
Apr 27, 2026
6w ago
DEFA14A
NEUTRAL ★ 2/10
$22.48 $22.72▲ +1.09%▲ +0.69%$21.69 (−3.49%)
Apr 20, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$21.28 $23.78▲ +11.75%▲ +8.64%$21.69 (+1.93%)
Apr 15, 2026
8w ago
Insider Cluster
NEUTRAL ★ 5/10
$23.72 $23.63▼ −0.38%▼ −2.02%$21.69 (−8.56%)
Apr 15, 2026
8w ago
Insider Cluster
BEARISH ★ 7/10
$23.72 $23.63▲ +0.38%▲ +2.02%$21.69 (+8.56%)
Apr 3, 2026
10w ago
Press Release
NEUTRAL ★ 2/10
$20.85 $22.14▲ +6.19%▲ +2.05%$21.69 (+4.03%)
Mar 23, 2026
11w ago
Press Release
NEUTRAL ★ 3/10
$18.39 $19.04▲ +3.53%▲ +7.10%$21.69 (+17.94%)
Showing 10 of 13

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