Celularity Inc·4

Apr 15, 4:30 PM ET

Brigido Stephen 4

Research Summary

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Celularity (CELU) Pres. Stephen Brigido Receives 821 Shares via RSU Vest

What Happened

  • Stephen Brigido, President, Functional Regeneration at Celularity Inc., had 821 restricted stock units (RSUs) vest and convert into Class A common stock on April 13, 2026. The conversion is reported as an exercise/conversion of a derivative (code M) at $0.00.
  • To cover tax withholding, 268 of those shares were surrendered (disposed) at $1.28 per share for a withholding value of $343.04 (code F). Net shares retained from this vesting event are 553 shares (821 vested − 268 withheld).
  • This was an award/vesting event (routine executive compensation), not an open‑market purchase or sale.

Key Details

  • Transaction date: April 13, 2026; Form filed April 15, 2026 (period of report Apr 13, 2026).
  • Reported entries: conversion of 821 RSUs to shares (acquired at $0.00); 268 shares withheld for taxes at $1.28/share (≈ $343).
  • Source of RSUs: Grant of 3,281 RSUs on April 13, 2022; 25% (821 RSUs) vested on April 13, 2026 (see footnotes F1–F4).
  • Shares owned after the transaction are not disclosed in the excerpt of the filing.
  • Filing does not indicate a late report; this is a standard RSU vest + share‑withholding for taxes.

Context and plain‑language note:

  • RSUs are a form of equity compensation that convert to actual shares when they vest. The share withholding is a common way to satisfy tax obligations and does not represent a market sale by the insider for investment reasons.