Basse Gloria F 4
4 · IMMUCELL CORP /DE/ · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
IMMUCELL (ICCC) Director Gloria Basse Receives Stock Option Award
What Happened
Gloria F. Basse, a director of Immucell Corp (ICCC), was granted 11,933 stock options on April 15, 2026. The grant shows an acquisition price of $0.00 (i.e., options awarded, not purchased) and is reported as a derivative award to compensate board service. The options themselves were not exercised or sold — this filing reports the grant only.
Key Details
- Transaction date: 2026-04-15; Form 4 filed 2026-04-16.
- Grant: 11,933 stock options, acquisition price reported as $0.00 (derivative award).
- Vesting schedule (footnote): 3,977 options vest on April 15, 2027; 3,977 on April 15, 2028; and 3,979 on April 15, 2029.
- Purpose: Options granted to compensate directors for services on the issuer’s board (per filing remarks).
- Shares owned after the transaction: not specified in the excerpt provided.
- Filing timeliness: reported the day after the grant; no late-filing flag noted in the provided information.
Context
This is a standard director compensation award (options), not a purchase or sale of underlying shares. For retail investors, such grants are common and are meant to align director interests with shareholders; they do not represent immediate insider buying/selling pressure unless and until options are exercised and shares are sold.
Insider Transaction Report
- Award
Non Qualified Stock Options (Right to buy)
[F1]2026-04-15+11,933→ 11,933 totalExercise: $7.60Exp: 2036-04-15→ Common Stock (11,933 underlying)
Footnotes (1)
- [F1]The stock option vests as follows: 3,977 shares becoming exercisable on each of April 15, 2027 and April 15, 2028, and 3,979 shares becoming exercisable on April 15, 2029.