MBX MBX Biosciences, Inc.

NEUTRAL Impact: 3/10 144
Horizon days Filed May 8, 2026 Processed 1mo ago SEC 0001959173-26-003419
Form 144 — notice of proposed sale of securities
Latest settled — T+20d ⚠ clustered
MBX ▼ -26.08% at T+20d
NEUTRAL call ✗ call lost -26.08% · α vs SPY -26.11% · entry $40.97 → $30.28
Next anchor: T+60d in 8w
Last close $29.00 (close Jun 8) · -29.21% from $40.97 entry
Entry anchored
May 8, 12:20 PM ET
via Databento tick
T+1d
-2.16%
call -2.16% · α -2.39%
$40.08
settled 4w ago
T+5d
-13.68%
call -13.68% · α -15.15%
$35.36
settled 26d ago
T+20d
-26.08%
call -26.08% · α -26.11%
$30.28
settled yesterday
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

Former officer Richard Bartram filed a Form 144 notice of intent to sell 10,000 MBX shares (~$379,562 at filing). The shares are sourced from vested stock options granted in 2022 and 2023. Bartram has sold shares in five separate transactions totaling ~36,484 shares over the past two months, indicating a pattern of consistent monetization rather than a one-off event.

Actionable Insight

This is a routine insider monetization filing by a former officer with a consistent selling pattern. The dollar amount is small relative to market cap. No material read-through for the stock. Monitor for any acceleration in selling volume or additional insider filings ahead of upcoming catalysts.

Key Facts

  • Former officer Richard Bartram filed Form 144 to sell 10,000 shares of common stock.
  • Estimated aggregate value of the proposed sale is $379,562.50.
  • Shares to be sold are from vested stock options granted on 04/20/2022 (2,500 shares), 11/07/2022 (2,500 shares), and 08/15/2023 (5,000 shares).
  • Bartram has sold shares in five separate transactions since March 2026, totaling approximately 36,484 shares.
  • The filing was made on 05/08/2026 and the proposed sale is for the open market on NASDAQ.

Financial Impact

Proposed sale of $379,562.50, representing approximately 0.02% of MBX's $1.7B market cap.

dilution

Risk Factors

  • Insider selling pattern could indicate lack of confidence, though the amounts are small relative to market cap.
  • Form 144 is an intent to sell; the actual sale may not occur.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
87% bullish (15 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001959173-26-003419
Document: 0001959173-26-003419-index.html0001959173-26-003419
Document: 0001959173-26-003419.txt0001959173-26-003419
17 reports for MBX
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+5▲ +22.70%May 11, 2026
Filters
Rows
Reports for MBX — sortable, filterable
Type Now
Jun 9, 2026
today
144
BEARISH ★ 5/10
$29.80 awaiting T+5awaiting T+5$29.00 (+2.68%)
Jun 5, 2026
4d ago
8-K
NEUTRAL ★ 3/10
$30.59 awaiting T+5awaiting T+5$29.00 (−5.20%)
May 11, 2026
29d ago
144
BEARISH ★ 5/10
$40.08 $30.98▲ +22.70%▲ +22.62%$29.00 (+27.64%)
May 11, 2026
29d ago
Press Release
MIXED ★ 6/10
$40.08 $30.98▼ −22.70%▼ −22.62%$29.00 (−27.64%)
May 8, 2026
4w ago
144
NEUTRAL ★ 3/10
$40.97 $35.36▼ −13.68%▼ −15.15%$29.00 (−29.21%)
May 7, 2026
4w ago
144
NEUTRAL ★ 2/10
$34.71 $37.50▲ +8.04%▲ +6.53%$29.00 (−16.45%)
May 7, 2026
4w ago
8-K
BULLISH ★ 6/10
$34.71 $37.50▲ +8.04%▲ +6.53%$29.00 (−16.45%)
May 6, 2026
4w ago
144
NEUTRAL ★ 1/10
$32.12 $36.98▲ +15.13%▲ +14.00%$29.00 (−9.71%)
May 6, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$40.08 $30.98▼ −22.70%▼ −22.62%$29.00 (−27.64%)
May 1, 2026
5w ago
144
BEARISH ★ 5/10
$29.78 $34.71▼ −16.55%▼ −14.21%$29.00 (+2.62%)
Showing 10 of 17

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