Form 4: Celcuity Inc. Director Richard Nigon Reports Changes in Beneficial Ownership
SEC Filing
Director Richard Nigon reports acquisition of stock options in Celcuity Inc.
Summary
- Richard Nigon, a director of Celcuity Inc., filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of securities.
- On June 4, 2024, Nigon acquired 8,153 stock options with an exercise price of $14.83, exercisable from April 30, 2025, or the date of the Company's 2025 Annual Meeting of Stockholders, expiring on June 4, 2034.
- Nigon directly owns 96,032 shares of common stock.
- Nigon also directly owns warrants to purchase common stock at various prices and expiration dates, totaling 22,868 shares.
- Additionally, Nigon directly owns stock options to purchase common stock at $5.10-$9.58, totaling 82,736 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of insider transactions. The acquisition of options could be seen as a slightly positive sign, but it's not definitive.
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 standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of transaction: Richard Nigon acquired stock options. |
| 06/06/2024 | Date of filing: Form 4 filed with the SEC. |
| 09/22/2024 | Expiration date of warrants to buy 5,061 shares at $9.50. |
| 01/14/2026 | Expiration date of warrants to buy 4,672 shares at $7.5628. |
| 05/02/2026 | Expiration date of warrants to buy 3,245 shares at $7.5628. |
| 04/28/2027 | Expiration date of warrants to buy 8,461 shares at $8.4208. |
| 05/17/2027 | Expiration date of warrants to buy 1,429 shares at $8.4208. |
| 10/19/2027 | Expiration date of stock options to buy 8,200 shares at $5.50. |
| 05/14/2028 | Expiration date of stock options to buy 3,201 shares at $5.50. |
| 05/16/2029 | Expiration date of stock options to buy 5,054 shares at $5.50. |
| 05/14/2030 | Expiration date of stock options to buy 25,308 shares at $5.10. |
| 05/12/2031 | Expiration date of stock options to buy 4,619 shares at $5.50. |
| 05/17/2032 | Expiration date of stock options to buy 24,449 shares at $5.50. |
| 05/15/2033 | Expiration date of stock options to buy 11,645 shares at $9.58. |
| 06/04/2034 | Expiration date of stock options to buy 8,153 shares at $14.83. |
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