Form 4: CEL-SCI Corp CEO Acquires Shares in Recent Transaction
SEC Form 4 Filing
Geert R. Kersten, CEO of CEL-SCI Corp, acquired 2,709 shares of common stock at a price of $1.91 on March 29, 2024.
Summary
- On March 29, 2024, Geert R. Kersten, the CEO of CEL-SCI Corp, purchased 2,709 shares of the company's common stock.
- The shares were acquired at a price of $1.91 per share.
- Following this transaction, Kersten directly owns 1,165,309 shares of CEL-SCI Corp.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The CEO's purchase could be seen as slightly positive, but the document itself is simply a disclosure.
Positives
- The CEO's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
This is a standard disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company executives.
Stakeholder Impact
- The CEO's stock purchase may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of the stock transaction. |
| 04/02/2024 | Date of signature on the Form 4. |
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