Dalvey David 4
4 · Celcuity Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Celcuity (CELC) Director David Dalvey Sells 20,000 Shares
What Happened
David Dalvey, listed as a director and the general partner of Brightstone Venture Capital Fund, sold 20,000 shares of Celcuity Inc. The sale generated total proceeds of $2,400,538 at a reported weighted average price of $120.03 per share. This transaction was a sale (S), not a purchase — commonly a liquidity event rather than a bullish signal.
Key Details
- Transaction date: January 27, 2026; Form 4 filed January 29, 2026 (appears timely under the two‑business‑day rule).
- Price: weighted average $120.03; shares were sold in multiple trades at prices ranging from $120.00 to $120.315.
- Quantity: 20,000 shares; proceeds $2,400,538.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: (F1) Sales effected pursuant to a 10b5‑1 trading plan adopted by Brightstone on Aug 19, 2025; (F2) weighted average reflects multiple transaction prices and detailed breakdown available on request; (F3) reporting person is the General Partner of Brightstone.
- Type of sale: executed under a 10b5‑1 plan by Brightstone (an institutional vehicle), not necessarily a discretionary personal trade by the director.
Context
A 10b5‑1 trading plan indicates pre‑scheduled sales and is commonly used for routine disposition of shares. Sales by institutional holders or under such plans are generally viewed as routine liquidity management rather than a direct signal about the company’s outlook.
Insider Transaction Report
Form 4
Celcuity Inc.CELC
Dalvey David
Director
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-01-27$120.03/sh−20,000$2,400,538→ 90,000 total(indirect: By Brightstone Venture Capital Fund, LP)
Footnotes (3)
- [F1]These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Brightstone Venture Capital Fund, LP ("Brightstone") on August 19, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.00 to $120.315, inclusive. The reporting person undertakes to provide Celcuity Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The reporting person is the General Partner of Brightstone.
Signature
/s/ Griffin D. Foster as Attorney-in-Fact for David F. Dalvey pursuant to a Power of Attorney previously filed|2026-01-29