Levy Adam R. 4

What Happened

Adam R. Levy, CEO of NEXGEL, reported two open-market sales of company common stock. He sold 3,000 shares on 2026-06-04 and another 3,000 shares on 2026-06-08, for proceeds of roughly $1,780.80 and $1,641.00 respectively (total ≈ $3,421.80). The filing was submitted on 2026-06-09.

Key Details

• Transaction type: Sales (open market)
• Dates & prices:
  • 2026-06-04 — 3,000 shares at $0.5936/share (≈ $1,780.80) [footnote F1]
  • 2026-06-08 — 3,000 shares at $0.5470/share (≈ $1,641.00) [footnote F2]
• Total shares sold: 6,000; total proceeds ≈ $3,421.80
• Filing date: 2026-06-09 (Accession 0001493152-26-028008)
• Shares owned after the transactions: not specified in the details provided here; check the full Form 4 for post-transaction holdings
• No late-filing flag was indicated in the information provided

Context

• These were routine open-market sales by the CEO. Sales can reflect many reasons (liquidity needs, diversification, scheduled plan) and are not by themselves evidence of company performance.
• For retail investors, purchases tend to be more informative as a confidence signal; sales are common and should be interpreted alongside other insider activity and company fundamentals.

For full original filing details (including exact post-transaction holdings and any additional notes), refer to the SEC Form 4 with accession number 0001493152-26-028008.