Mara Joseph Anthony Jr 4

What Happened Mara Joseph Anthony Jr., Chief Financial Officer of Vericel Corp (VCEL), sold 5,000 shares on 2026-06-26 at $44.75 per share for proceeds of $223,750. The transaction is reported as a sale (code S) and was effected under a pre-existing trading arrangement.

Key Details

• Transaction date and price: 2026-06-26, 5,000 shares at $44.75 each (total $223,750).
• Method: Reported as an open-market or private sale (S).
• Plan note: The sale was executed automatically under a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2025 (Footnote F1).
• ESPP note: Report cites that some shares include those acquired under the issuer’s 2015 Employee Stock Purchase Plan, exempt under Rules 16b-3(c) and 16b-3(d) (Footnote F2).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed 2026-06-30, within the standard two-business-day window following the 2026-06-26 transaction.

Context A 10b5-1 plan indicates this sale was pre-scheduled and automatic, which is common and reduces the implication that the sale was based on inside information. Sales are generally less informative than purchases about an insider’s view of the company, but they do disclose the timing and size of cashing out.