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Vericel Corp·4

Feb 20, 4:06 PM ET

Mara Joseph Anthony Jr 4

Research Summary

AI-generated summary

Updated

Vericel (VCEL) CFO Mara Anthony Exercises/Receives RSUs; Shares Withheld

What Happened

  • Mara Joseph Anthony Jr., Chief Financial Officer of Vericel Corporation (VCEL), had restricted stock units (RSUs) vest on Feb 18, 2026 that converted into 7,380 shares of common stock. To satisfy tax withholding, 2,314 of those shares were withheld (reported as disposals) for aggregate withholding value of about $85,679.
  • On Feb 19, 2026 the company granted additional derivative awards (RSUs/options) to the reporting person totaling 64,750 units (46,250 and 18,500). These are awards that will convert to shares according to the stated vesting schedules in the footnotes.

Key Details

  • Transaction dates: Feb 18, 2026 (vesting/conversion and tax withholding) and Feb 19, 2026 (grants).
  • Vested/converted shares acquired: 4,625 and 2,755 (total 7,380). Tax-withheld (disposed) shares: 1,505 @ $36.82 = $55,414 and 809 @ $37.41 = $30,265 (total ≈ $85,679).
  • Awards granted: 46,250 RSUs and 18,500 RSUs on Feb 19, 2026 (total 64,750 RSU-type derivative awards).
  • Notable footnotes:
    • F1/F4/F5/F7/F8/F3: The vested securities were RSUs converting to one share each; shares were withheld by the issuer to satisfy tax withholding; FMV of vested shares shown as $36.82 and $37.41.
    • F10: Some RSUs vest in four annual installments with initial vesting on Feb 19, 2027.
    • F9: Certain option awards (if applicable) begin vesting Feb 19, 2026 and vest quarterly over four years.
  • Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
  • Filing/timeliness: Form filed Feb 20, 2026 for Feb 18–19, 2026 transactions; this appears to be a timely Section 16 filing.

Context

  • These transactions are primarily vesting of compensation awards (RSUs) and routine withholding of shares to cover tax obligations — not an open-market sale or purchase decision. The grants reported on Feb 19 are future compensation subject to multi-year vesting schedules and do not represent immediate open-market purchases.
  • For retail investors: vesting and withholding are common executive compensation mechanics and do not, by themselves, signal a buy/sell decision by the insider.