Celcuity (CELC) CSO Lance Laing Receives 30,000-Share Award
$CELC · Celcuity Inc.Research Summary
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Celcuity (CELC) CSO Lance Laing Receives 30,000-Share Award
What Happened
Lance G. Laing, Chief Science Officer and a director of Celcuity Inc. (CELC), received a total award of 30,000 equity units on August 14, 2026: 20,000 restricted stock units (RSUs) and 10,000 performance stock units (PSUs). Both awards were granted at $0.00 per share (no cash paid). The RSUs and PSUs were reported on a Form 4 filed August 18, 2026.
Key Details
- Transaction date: 2026-08-14; Form 4 filed: 2026-08-18. The filing shows the grant (code A) but does not flag a late filing.
- Grant details: 20,000 RSUs @ $0.00; 10,000 PSUs (derivative/contingent) @ $0.00 — total 30,000 units granted.
- Vesting for RSUs (F1): 25% of the RSUs vest on the first day of the month following each of the first, second, third and fourth anniversaries of the grant (standard four-year annual tranche).
- Vesting for PSUs (F2): Each PSU is a contingent right to one share and vests only if Celcuity’s common stock achieves specified trailing-average per-share price thresholds.
- Shares owned after the transaction: not stated in the filing.
Context
These grants are compensation awards (not open-market purchases or sales). RSUs provide time-based retention value; PSUs link potential share delivery to future stock-price performance, so their ultimate value depends on meeting specified price targets. Such awards are common for executives/directors and do not by themselves indicate insider buying or selling pressure.