MAZE Maze Therapeutics, Inc.

BEARISH Impact: 4/10 Insider Cluster (3 insiders)
Horizon weeks Filed Jun 3, 2026 Processed 9d 12h ago
Insider cluster: 3 insiders, $1.2M total
Latest settled — T+1d
MAZE ▼ -4.45% at T+1d
SHORT call ✓ call won +4.45% · α vs SPY +1.85% · entry $25.40 → $24.27
Next anchor: T+5d due 3d ago
Currently $24.05 · +5.31% from $25.40 entry (call sign-flipped)
Entry anchored
Jun 3, 2026
via day open
T+1d
-4.45%
call +4.45% · α +1.85%
$24.27
settled 9d ago
T+5d
call — · α —
due 3d ago
T+20d
call — · α —
in 19d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Three Maze Therapeutics insiders sold a combined $1.20M in open-market stock over a 6-day window, including the CEO, President/R&D/CMO, and CSBO. None of these sales are 10b5-1 plan trades — all are fully discretionary. The CEO sold the largest tranche ($666K) right before a 2% stock dip, and the President sold after an additional 1.8% decline. At a $1.3B market cap, the cluster represents 0.09% of shares outstanding, falling below the 0.1% materiality threshold, but the complete lack of any insider buying and the uniform selling by the three most senior R&D/C-suite executives warrants heightened scrutiny ahead of the next catalyst event.

Key Financial Metrics

Direction
selling
Total Value
$1.2M
Insiders
3

Actionable Insight

While the absolute dollar amount is routine for a $1.3B market cap, the unanimous selling by the top three insiders (CEO, CSBO, President/CMO) without a single open-market buy creates a bearish optical signal. The CROSS-FILING ACTUARIAL AMPLIFIER applies (cluster-insider-trades + multiple context categories), suggesting these trades may be signaling ahead of earnings or a corporate event. Monitor for any 8-K (2.02 earnings miss or 2.05 restructuring) in the next 14 days — a negative event would validate the cluster's timing and could trigger a 5-7% downside move given the stock's poor T+20 historical calibration.

Key Facts

  • CEO Jason Coloma sold 25,600 shares at $26.02 on May 26 for $666K
  • CSBO Atul Dandekar sold 7,500 shares at $26.34 on May 29 for $198K
  • President/CMO Harold Bernstein sold 13,253 shares at $25.57 on June 1 for $339K
  • Bernstein and Dandekar each exercised stock options at $10.42 to facilitate their sales
  • Total insider selling in the cluster: $1.20M, representing ~0.09% of market cap
  • No open-market insider purchases by any executive in the trailing 30-day period
  • 5 total insider sells in the past 30 days totaling $1.4M (includes this cluster)
  • Historical model performance on MAZE shows 0% win rate at T+20 with -16.73% average return on settled calls

Financial Impact

Insider selling of $1.2M, or ~0.09% of $1.3B market cap — below the 0.1% materiality threshold

insider_salescash_proceeds_to_insiders

Risk Factors

  • Uniform insider selling without any buys increases the risk of adverse news flow near-term
  • Historical MAZE calls underperformed SPY by -19.6% at T+20, indicating persistent selling pressure or disappointing catalysts
  • Cross-filing calibrations flag amplifiers but the score-4/5 neutral calls in the past have still produced -9% T+5 moves
  • If the CEO's sale was pre-planned (10b5-1 is not disclosed in this data), that would reduce the bearish signal

Market Snapshot

Exchange
Nasdaq
Sector
Biological Products, (No Diagnostic Substances)
Analyst Consensus
92% bullish (12 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-MAZE-1780520527450
8 reports for MAZE
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for MAZE — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Institutional Cluster
NEUTRAL ★ 3/10
$23.65 awaiting T+1awaiting T+1$24.05 (+1.69%)
Jun 3, 2026
9d ago
Insider Cluster
BEARISH ★ 4/10
$25.40 $24.27▲ +4.45%▲ +1.85%$24.05 (+5.31%)
May 22, 2026
21d ago
8-K
NEUTRAL ★ 2/10
$26.35 $26.05▼ −1.14%▼ −1.15%$24.05 (−8.73%)
May 18, 2026
25d ago
Insider Cluster
NEUTRAL ★ 3/10
$24.46 $25.03▲ +2.33%▲ +1.29%$24.05 (−1.68%)
May 12, 2026
4w ago
8-K
NEUTRAL ★ 4/10
$26.96 $26.96· 0.00%▲ +0.00%$24.05 (−10.79%)
May 12, 2026
4w ago
Press Release
MIXED ★ 5/10
$26.96 $26.96· 0.00%▲ +0.00%$24.05 (−10.79%)
Apr 22, 2026
7w ago
424B5
NEUTRAL ★ 5/10
$26.01 $25.81▼ −0.77%▼ −1.55%$24.05 (−7.54%)
Mar 25, 2026
11w ago
Press Release
BULLISH ★ 8/10
$31.73 $31.71▼ −0.06%▲ +1.71%$24.05 (−24.20%)
Showing 8 of 8

US Market Status

Market Closed — Opens Mon (52h 15m)

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