Form 4: Celularity Inc. Executive Stephen Brigido Reports Stock Transactions
SEC Form 4
Stephen Brigido, Pres. of Functional Regeneration at Celularity Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 17, 2025, Stephen Brigido, Pres. of Functional Regeneration at Celularity Inc., reported transactions involving Class A Common Stock.
- 10,000 restricted stock units (RSUs) vested and were converted into 10,000 shares of Class A Common Stock.
- 3,272 shares were disposed of to cover tax withholding obligations at a price of $2.14 per share.
- Following these transactions, Brigido directly owns 8,369 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock transactions, with no inherently positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/17/2023 | Reporting person was granted 10,000 RSUs |
| 02/22/2023 | Previous Form 4 filed with the SEC |
| 02/17/2025 | RSUs vested and converted into Class A Common Stock; tax withholding occurred |
| 02/18/2025 | Date of signature on the Form 4 |
Keywords
Form 4, Celularity Inc, Stephen Brigido, CELU, Restricted Stock Units, RSUs, Vesting, Class A Common Stock, Tax Withholding, Officer, Beneficial Ownership
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