Form 4: CEL SCI CEO Buys 8,389 Shares, Boosts Stake

CEL SCI Corp's CEO, Geert R. Kersten, purchased 8,389 shares of common stock directly from the company at $5.96 per share, increasing his beneficial ownership to 81,794 shares.

Summary

• Geert R. Kersten, the Chief Executive Officer and a Director of CEL SCI Corp (CVM), acquired 8,389 shares of the company's common stock.
• The transaction occurred on December 4, 2025, with the shares purchased at a price of $5.96 per share.
• The shares acquired were restricted stock, purchased directly from the company at the closing price on December 3, 2025.
• Following this purchase, Mr. Kersten's direct beneficial ownership in CEL SCI Corp increased to a total of 81,794 shares of common stock.

Sentiment

Score: 7

Explanation: The purchase of shares by the CEO is generally a positive signal, indicating confidence in the company's future prospects and aligning management's interests with shareholders.

Positives

• Insider buying by the CEO signals confidence in the company's future prospects and valuation.
• The purchase increases the alignment of management's financial interests with those of the company's shareholders.

Negatives

• The shares acquired are restricted stock, which may imply certain limitations on their sale or transferability, though specific terms are not detailed in this filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

N/A. This filing reports a past transaction and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

Insider purchases, particularly by a Chief Executive Officer, are often viewed positively by the market as they can signal management's belief in the company's undervaluation or strong future performance, potentially indicating a positive outlook compared to industry peers.

Related Party Transactions

• Geert R. Kersten, CEO and Director, purchased 8,389 shares of restricted stock directly from CEL SCI Corp, which constitutes a transaction between a related party and the company.

Stakeholder Impact

• Shareholders may view the CEO's increased stake as a positive indicator of management's commitment and belief in the company's value, potentially boosting investor confidence.
• Employees and other stakeholders might interpret the insider buying as a sign of stability and positive internal outlook for the company.

Key Dates

Keywords

CEL SCI Corp, CVM, insider trading, Form 4, stock purchase, CEO, Geert Kersten, beneficial ownership, restricted stock