Vimal Mehta - Jun 14, 2025 Form 4 Insider Report for BioXcel Therapeutics, Inc. (BTAI)

Role: CEO and President, Director
Signature: /s/ Richard Steinhart, Attorney-in-Fact for Vimal Mehta, Ph.D.
Stock symbol: BTAI
Transactions as of: Jun 14, 2025
Transactions value $: $0
Form type: 4
Date filed: 6/16/2025, 07:01 PM
Previous filing: Mar 17, 2025
Next filing: Jul 22, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Mehta Vimal	CEO and President, Director	C/O BIOXCEL THERAPEUTICS, INC., 555 LONG WHARF DRIVE, 12TH FLOOR, NEW HAVEN	/s/ Richard Steinhart, Attorney-in-Fact for Vimal Mehta, Ph.D.	2025-06-16	0001733369

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BTAI	Common Stock	Options Exercise		+163	+3.97%		4.27K	Jun 14, 2025	Direct	F1
transaction	BTAI	Common Stock	Options Exercise		+219	+5.13%		4.49K	Jun 15, 2025	Direct	F1
holding	BTAI	Common Stock						125	Jun 14, 2025	By Spouse
holding	BTAI	Common Stock						480K	Jun 14, 2025	By BioXcel LLC	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BTAI	Restricted Stock Units	Options Exercise	$0	-163	-14.27%	$0.00	979	Jun 14, 2025	Common Stock	163		Direct	F1, F3
transaction	BTAI	Restricted Stock Units	Options Exercise	$0	-219	-9.09%	$0.00	2.19K	Jun 15, 2025	Common Stock	219		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2	These securities are held of record by BioXcel LLC. BioXcel LLC is a subsidiary of BioXcel Holdings, Inc. ("Parent"). The Reporting Person is an executive officer and the sole member of the board of directors of Parent and an executive officer and one of two managers on the board of managers of BioXcel LLC and Parent. By virtue of these relationships, the Reporting Person may be deemed to be the beneficial owner of the securities held of record by BioXcel LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.
F3	On March 14, 2022, the Reporting Person was granted 2,609 RSUs, vesting as to 25% of the total number of RSUs on the first anniversary of March 14, 2022 and as to 6.25% of the total number of RSUs at the end of each successive three-month period thereafter, subject to the Reporting Person's continuous employment with the Issuer through the relevant vesting dates.
F4	On March 15, 2023, the Reporting Person was granted 3,500 RSUs, vesting as to 25% of the total number of RSUs on the first anniversary of March 15, 2023 and as to 6.25% of the total number of RSUs at the end of each successive three-month period thereafter, subject to the Reporting Person's continuous employment with the Issuer through the relevant vesting dates.