MCLAUGHLIN KEVIN F 4

What Happened

• Kevin F. McLaughlin, a director of Vericel Corporation (VCEL), acquired a total of 14,400 shares on April 29, 2026 through derivative conversion/exercise and the vesting of restricted stock units (RSUs). The transaction entries report $0 paid per share (awards/vested RSUs and derivative conversion), indicating these shares were received upon vesting/conversion rather than bought on the open market. This is an acquisition (not a sale) of company stock.

Key Details

• Transaction date: April 29, 2026; Form 4 filed May 1, 2026 (timely within the Form 4 two-business-day window).
• Reported transactions: exercise/conversion of derivative (code M) for 3,200 shares; grants/awards (code A) for 8,000 and 3,200 shares (total awards 11,200). Combined acquisitions reported = 14,400 shares at $0.00.
• Shares owned after transaction: not disclosed in the provided summary of the filing.
• Footnote highlights:
  • F1–F3/F6: The shares came from RSUs (each RSU = one share). Some RSUs were granted April 30, 2025 and vest 100% on the earlier of April 30, 2026 (or the first annual meeting after April 30, 2025); other RSUs have a later vesting schedule noted in the filing.
  • F5: An option referenced vests over a one-year period in equal monthly increments, contingent on continued service.
• Transaction codes: M = exercise/conversion of derivative; A = award/grant (RSU vesting). Reported as derivative/award-related, not open-market purchase or sale.

Context

• RSU vesting and derivative conversions are routine insider compensation events and do not necessarily indicate active buying or selling intent; these shares were issued/converted to the director upon vesting.
• No immediate sale or cashless disposition of the newly acquired shares is indicated in the filing.