Form 4: Carmell Corp Director Richard Upton Acquires Additional Shares

Director Richard Upton of Carmell Corp [CTCX] reports purchasing 2,000 shares of common stock at an average price of $2.2046 on June 12, 2024.

Summary

• Richard Upton, a director of Carmell Corp [CTCX], filed a Form 4 with the SEC.
• On June 12, 2024, Upton purchased 2,000 shares of Carmell Corp common stock.
• The purchase price averaged $2.2046 per share, with individual transactions ranging from $2.1835 to $2.2257.
• Following the transaction, Upton directly owns 6,400 shares of Carmell Corp common stock.
• Upton also indirectly owns 54,445 shares of common stock that may be acquired through the exercise of stock options within 60 days of June 12, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a positive signal, but the amount is relatively small.

Positives

• The director's purchase could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The purchase of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Carmell Corp, Director, Richard Upton, Stock purchase, Beneficial ownership, CTCX