Form 4: Celcuity Inc. Director David Dalvey Reports Stock Option Acquisition

Director David Dalvey reports acquiring stock options in Celcuity Inc.

Summary

• David Dalvey, a director of Celcuity Inc., filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of Celcuity Inc. securities.
• Dalvey acquired 8,153 stock options with an exercise price of $14.83 on June 4, 2024, exercisable on April 30, 2025, or the date of the Company's 2025 Annual Meeting of Stockholders and expiring on June 4, 2034.
• He also indirectly owns 225,000 shares of common stock through Brightstone Venture Capital Fund, LP, where he serves as the General Partner.
• Dalvey directly owns 9,325 shares of common stock.
• He holds various stock options with an exercise price of $5.50, expiring between 2027 and 2032, and other stock options with exercise prices of $5.10 and $9.58 expiring in 2030 and 2033 respectively.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock option acquisition. The acquisition itself could be interpreted as a slightly positive signal.

Positives

• The acquisition of stock options by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of stock options by a director may have a minor positive impact on shareholder sentiment.

Key Dates