Form 4: Vericel Corp Executive Jonathan Hopper Reports Stock Transactions
SEC Form 4 Filing
Chief Medical Officer Jonathan Hopper reports exercising stock options and selling shares of Vericel Corp under a pre-arranged trading plan.
Summary
- Jonathan Hopper, Chief Medical Officer of Vericel Corp, reported transactions involving the company's stock on March 3, 2025.
- Hopper exercised options to acquire 10,000 shares of common stock at a price of $18 per share.
- Simultaneously, Hopper sold 10,000 shares of common stock at a price of $49.53 per share.
- These transactions were executed under a Rule 10b5-1 trading plan adopted on May 28, 2024.
- Following these transactions, Hopper directly owns 66,101 shares of Vericel Corp common stock and holds options to purchase 28,750 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which is a standard practice in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity under a pre-arranged plan.
- Shareholders may view the filing as part of the overall transparency of the company's operations.
Key Dates
| Date | Description |
|---|---|
| 05/11/2020 | First vesting date for stock options. |
| 05/28/2024 | Date of adoption of Rule 10b5-1 trading plan. |
| 03/03/2025 | Date of stock option exercise and sale of shares. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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