Buller Richard E 4
Research Summary
AI-generated summary
Celcuity (CELC) Director Richard Buller Gifts 12,503 Shares
What Happened
- Richard E. Buller, a director of Celcuity, reported a gift transfer on 2026-06-10 involving 12,503 derivative shares. The filing shows 12,503 shares disposed and 12,503 shares acquired at $0.00 (gifted), with no cash proceeds. The securities are 100% vested per the filing, and 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: 2026-06-10; Filing date: 2026-06-12 (filed within the Form 4 two-business-day window).
- Transaction type/code: Gift (G) of derivative securities; price reported $0.00.
- Shares transferred: 12,503 (disposed) and 12,503 (acquired by trust).
- Vesting/status: 100% vested (Footnote F1).
- Beneficial ownership: Reporting person continues to beneficially own these securities held by the trust (Footnote F2).
- Shares owned after transaction: Not specified in the filing.
Context
- Gifts are typically estate- or tax-planning moves and do not necessarily signal buy/sell views on the company; they do not imply a market sentiment signal. Because these are derivative securities (the filing classifies them as such), the entry reflects a transfer of those rights into a trust rather than an open-market purchase or sale.