Form 4: Celcuity Director Richard Nigon Gifts Shares, Filing Delayed

Celcuity Inc. Director Richard Nigon reported gifting 19,975 shares of common stock on December 15, 2025, reducing his direct beneficial ownership to 89,035 shares, with the Form 4 filing appearing to be delayed.

Summary

• Richard Nigon, a Director of Celcuity Inc. (CELC), reported a transaction involving the company's common stock.
• On December 15, 2025, Nigon disposed of 19,975 shares of common stock.
• The transaction code "G" indicates this disposition was a gift.
• The price per share for this gift transaction was $0.
• Following this transaction, Nigon directly beneficially owns 89,035 shares of Celcuity Inc. common stock.
• The Form 4 was signed by an Attorney-in-Fact for Richard J. Nigon on January 9, 2026.

Sentiment

Score: 4

Explanation: The filing reports a routine insider transaction (a gift of shares) by a director. While a gift is not a cash sale, the reduction in direct beneficial ownership combined with the apparent delay in filing introduces a slightly negative nuance, moving it from neutral to slightly below.

Positives

• The transaction was a gift, indicating a transfer of ownership rather than a sale for cash, which can sometimes be viewed more favorably than open market sales.

Negatives

• The director's direct beneficial ownership decreased by 19,975 shares.
• The Form 4 filing appears to be delayed, as the transaction occurred on December 15, 2025, but the form was signed and presumably filed on January 9, 2026, exceeding the typical two-business-day reporting requirement.

Risks

• A decrease in direct beneficial ownership by a director, even through a gift, slightly reduces the director's direct financial alignment with the company's stock performance.
• A delayed Form 4 filing could raise questions regarding compliance with SEC reporting requirements, potentially leading to scrutiny.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information directly related to broader industry trends or competitive landscape. Insider transactions are common across all industries.

Stakeholder Impact

• Shareholders: The director's direct beneficial ownership decreased, which is a minor change in insider alignment. The delay in filing could also be a minor concern regarding regulatory compliance.

Key Dates

Keywords

Celcuity Inc., CELC, Richard Nigon, Form 4, Insider Transaction, Stock Gift, Director Ownership, SEC Filing Delay