BCAX Bicara Therapeutics Inc.
Price Chart
Executive Summary
Three top BCAX insiders (CEO, CFO, COO) sold a combined $590K in open-market shares over a 7-day window. The CFO's sale was a same-day cash-out of exercised options, while the CEO and COO sold directly. At $1.4B market cap, the total represents ~0.04% — well below the 0.1% materiality threshold — making this a routine, non-informational cluster. The CFO's option exercise and immediate sale is a classic tax/vesting pattern, not a bearish signal.
Key Financial Metrics
Actionable Insight
This cluster is routine and non-informational. The CFO's sale is a textbook cashless exercise pattern, and the CEO/COO sales are small relative to market cap. No bearish read-through. Monitor the next 10-Q for pipeline updates on BCAX's lead candidate; insider activity here provides no edge.
Key Facts
- Three C-suite insiders (CEO, CFO, COO) sold shares totaling $590K in open-market transactions between May 15-21, 2026.
- CFO Hyep Ivan exercised 9,200 options at $0 and $3.79, then immediately sold the same shares at $20.42 — a standard cashless exercise pattern.
- Total cluster value of $590K represents ~0.04% of BCAX's $1.4B market cap, well below the 0.1% materiality threshold.
- No insider purchases were reported in the cluster; all three transactions were sales.
Financial Impact
Total insider sales of $590K, or ~0.04% of market cap — immaterial.
Risk Factors
- Insider sales could accelerate if upcoming clinical data disappoints, but this cluster shows no unusual pattern.
- No insider buying to signal confidence in upcoming catalysts.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BCAX-1779832121031 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 26, 2026
14d ago
|
Insider Cluster
| $21.58 $20.00 | ▼ −7.32% | ▼ −7.79% | $20.10 (−6.86%) |
|
May 11, 2026
29d ago
|
8-K
| $22.92 $19.29 | ▼ −15.84% | ▼ −15.75% | $20.10 (−12.30%) |
|
May 4, 2026
5w ago
|
Press Release
| $22.72 $22.92 | ▲ +0.88% | ▼ −2.06% | $20.10 (−11.53%) |
|
Apr 27, 2026
6w ago
|
DEFA14A
| $22.48 $22.72 | ▲ +1.09% | ▲ +0.69% | $20.10 (−10.57%) |
|
Apr 20, 2026
7w ago
|
Insider Cluster
| $21.28 $23.78 | ▲ +11.75% | ▲ +8.64% | $20.10 (−5.55%) |
|
Apr 15, 2026
8w ago
|
Insider Cluster
| $23.72 $23.63 | ▼ −0.38% | ▼ −2.02% | $20.10 (−15.26%) |
|
Apr 15, 2026
8w ago
|
Insider Cluster
| $23.72 $23.63 | ▲ +0.38% | ▲ +2.02% | $20.10 (+15.26%) |
|
Apr 3, 2026
9w ago
|
Press Release
| $20.85 $22.14 | ▲ +6.19% | ▲ +2.05% | $20.10 (−3.60%) |
|
Mar 23, 2026
11w ago
|
Press Release
| $18.39 $19.04 | ▲ +3.53% | ▲ +7.10% | $20.10 (+9.30%) |
|
Mar 16, 2026
12w ago
|
Insider Cluster
| $19.40 $18.39 | ▼ −5.21% | ▼ −3.16% | $20.10 (+3.61%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access