4Accepted Aug 17, 9:37 AM ET
CEL‑SCI (CVM) Director Bruno Baillavoine Receives 110,000-Share Award
Accepted (ET)
9:37 AM
Aug 17, 2026
Filed
Aug 17, 2026
Documents
1
Size
5.4 KB
Summary
CEL‑SCI (CVM) Director Bruno Baillavoine Receives 110,000-Share Award
What Happened
Bruno Jean‑Marie Baillavoine, a director of CEL‑SCI Corp (CVM), received a grant/award of 110,000 derivative shares (stock options) on August 14, 2026. The reported grant price/exercise price is $0.01 per share, giving a nominal aggregate value of $1,100. This transaction is an award (acquisition) rather than an open‑market purchase or sale; such awards are typically compensation-related.
Key Details
- Transaction date: 2026-08-14; Form 4 filed 2026-08-17.
- Instrument: Derivative award (stock options) for 110,000 shares at $0.01 each; total nominal value reported $1,100.
- Vesting: Options vest in three equal annual installments beginning one year after the grant date (footnote).
- Shares owned after transaction: Not specified in the provided filing.
- No 10b5-1 plan, immediate sale, or tax‑withholding details were disclosed in the provided summary. Filing appears timely based on the reported dates.
Context
This is a compensation-style option grant to a director with multi-year vesting, not an immediate market buy or sale. Such awards are common for aligning directors with long‑term performance; they do not by themselves indicate that the insider bought shares on the open market or sold holdings.