Form 4: Celcuity Inc. Director Richard E. Buller Reports Sale of Common Stock

Director Richard E. Buller reported the sale of 350 shares of Celcuity Inc. common stock at $16.25 per share on October 23, 2024, while also holding direct and indirect ownership of common stock and stock options.

Summary

• On October 23, 2024, Richard E. Buller, a director of Celcuity Inc., sold 350 shares of common stock at a price of $16.25 per share.
• Following the transaction, Buller directly owns 1,079 shares of common stock, which includes 1,079 shares of restricted stock that will vest on April 30, 2025, or the date of the company's 2025 Annual Meeting of Stockholders.
• Buller also indirectly owns 6,681 shares of common stock through a trust.
• Additionally, Buller indirectly owns multiple stock options through a trust with various exercise prices and expiration dates.
• The sale was executed under a Rule 10b5-1 trading plan adopted on May 18, 2023.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale.

Key Dates