Form 4: Vericel Corp Executive Sean C. Flynn Reports Sale of Common Stock

Sean C. Flynn, SVP, General Counsel of Vericel Corp, reports the sale of 8,115 shares of common stock at $45.33 per share on March 8, 2024.

Summary

• On March 8, 2024, Sean C. Flynn, the SVP, General Counsel of Vericel Corp, sold 8,115 shares of the company's common stock.
• The sale price was $45.33 per share.
• Following the transaction, Flynn still directly owns 167 shares of Vericel Corp.
• The shares include shares acquired pursuant to the Issuer's 2015 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.

Key Dates