Buller Richard E 4
Research Summary
AI-generated summary
Celcuity (CELC) Director Richard Buller Gifts 1,029 Shares
What Happened
- Richard E. Buller, a director of Celcuity Inc. (CELC), reported a gift transaction on 2026-05-19. The Form 4 shows a transfer of 1,029 shares recorded as both a disposition and an acquisition at $0.00 (a $0 value gift). A footnote states the Reporting Person and his spouse are trustees and beneficiaries of the trust and that he continues to beneficially own the securities held by the trust.
Key Details
- Transaction date: 2026-05-19
- Filing date: 2026-05-20 (timely filing)
- Amount transferred: 1,029 shares (recorded as both disposed and acquired) at $0.00 per share
- Shares owned after transaction: Reporting person continues to beneficially own the securities via the trust (no change in beneficial ownership per footnote F1)
- Footnote: F1 — Reporting person and spouse are trustees and beneficiaries; he continues to beneficially own the securities
Context
- This was a gift/transfer into a trust, not an open-market sale or purchase. Gifts involve no cash proceeds and generally do not indicate a change in insider sentiment about the stock. Transfers to trusts where the insider remains a beneficiary are commonly administrative or estate-planning moves rather than trading for profit.