Barach Daniele Wolf 4
4 · Celularity Inc · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Celularity (CELU) 10% Owner Daniele Barach Disposes Derivative Rights
What Happened Daniele Barach (reported as Barach Daniele Wolf), a trustee of the Philip & Daniele Barach Family Trust and a >10% owner, recorded the disposition (expiration) of derivative rights representing a total of 2,043,979 Celularity (CELU) Class A shares. The filing shows 1,204,819 shares represented by convertible-note conversion rights and 839,160 shares represented by warrants expired on June 19, 2026; no cash or other consideration was paid in connection with these expirations.
Key Details
- Transaction date: June 19, 2026; Form 4 filed June 23, 2026 (see timeliness note below).
- Instruments expired: 1,204,819 shares (conversion rights tied to up to $2,000,000 of convertible notes) and 839,160 shares (warrants contingent on purchasing those notes). Total = 2,043,979 represented shares.
- Price/value: N/A — no exercise, purchase, or sale proceeds were reported.
- Ownership after transaction: filing does not state total Class A shares beneficially owned after these expirations; the Trust remained the direct owner of securities reported.
- Footnotes: F1 describes the convertible-note option expiration (no consideration); F2 explains warrant rights expired because the note option lapsed; F3 notes the securities are/ were held by the Philip & Daniele Barach Family Trust and the reporter is a trustee with voting/dispositive power.
- Timeliness: Form 4 was filed four calendar days after the June 19 transactions (filed 6/23); this exceeds the typical two-business-day Form 4 filing window and may be considered late.
Context These were expirations of derivative rights (not open-market sales or purchases). For retail investors: expirations like this are administrative — they remove potential future dilution from unexercised instruments but do not reflect a cash sale or an outright purchase by the insider. As a reported >10% owner and trustee of a family trust, this filing reflects trust-held instruments rather than routine executive trading.
Insider Transaction Report
- Other
Convertible Notes
[F1][F3]2026-06-19−1,204,819→ 0 total(indirect: See Footnote)Exercise: $1.66From: 2025-12-19Exp: 2026-12-31→ Class A Common Stock (1,204,819 underlying) - Other
Warrants
[F2][F1][F3]2026-06-19−839,160→ 0 total(indirect: See Footnote)Exercise: $2.00From: 2026-06-19Exp: 2030-12-19→ Class A Common Stock (839,160 underlying)
- 1,807,229(indirect: See Footnote)
Convertible Notes
[F3]Exercise: $1.66From: 2025-12-19Exp: 2026-12-31→ Class A Common Stock (1,807,229 underlying) - 3,707,457(indirect: See Footnote)
Warrants
[F3]Exercise: $2.00From: 2026-06-19Exp: 2030-12-19→ Class A Common Stock (3,707,457 underlying)
Footnotes (3)
- [F1]Represented shares of Class A Common Stock issuable upon the conversion of up to $2,000,000 in aggregate principal amount of convertible notes (the "Notes") that the Reporting Person had the option to purchase from the Issuer at any time until June 19, 2026. The option to purchase such Notes expired pursuant to its terms on June 19, 2026, and no consideration was paid in connection with such expiration.
- [F2]Represented shares of Class A Common Stock issuable upon the exercise of up to 839,160 warrants (the "Warrants") that the Reporting Person had the option to obtain from the Issuer in connection with the purchase by the Reporting Person of the Notes at any time until June 19, 2026. Because the Reporting Person's option to purchase the Notes expired pursuant to its terms on June 19, 2026, the ability to obtain such Warrants also expired on such date.
- [F3]The Philip & Daniele Barach Family Trust (the "Trust") is or was the direct owner of all securities reported herein. The Reporting Person is a trustee of the Trust and has independent power to vote and dispose of all securities held by the Trust. The Reporting Person may be deemed to be an indirect beneficial owner of the securities held by the Trust, and the Reporting Person disclaims beneficial ownership of the securities held by the Trust except to the extent of the Reporting Person's pecuniary interest therein.