Research Summary
AI-generated summary of this SEC filing
Celcuity (CELC) CFO Vicky Hahne Receives Stock Awards
What Happened
- Vicky Hahne, Chief Financial Officer of Celcuity Inc. (CELC), received equity awards on August 14, 2026: 16,000 restricted stock units (RSUs) and 10,000 performance stock units (PSUs). Both awards were granted at $0.00 per share (no cash paid), so the reported acquisition value is $0.
- These awards are compensation/retention grants rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-08-14; Form 4 filed 2026-08-18 (timely filing).
- Grants: 16,000 RSUs (standard restricted stock units) and 10,000 PSUs (derivative/performance-based units).
- Vesting for RSUs: 25% vests on the first day of the month following each of the first four anniversaries of the grant date (see footnote F1).
- PSUs: Each performance stock unit is a contingent right to one share that vests only if specified trailing-average per-share price thresholds are met (footnote F3).
- The filing notes inclusion of 2,948 shares acquired under the company’s employee stock purchase plan (ESPP) in the insider’s holdings (footnote F2).
- Shares beneficially owned after the transaction are not specified in the provided data.
Context
- RSUs are time-based awards that convert to stock as they vest; PSUs are conditional on stock-price targets and may never convert if targets aren’t met. Neither award required an immediate cash outlay by the insider.
- Such grants are typically part of executive compensation and retention programs and do not by themselves indicate a buy or sell decision by the insider.