CEL SCI (CVM) CEO adds 100K restricted shares to his stake
Rhea-AI Filing Summary
CEL SCI CORP (CVM) reported that Chief Executive Officer and director Geert R. Kersten purchased 100,000 shares of restricted common stock directly from the company on August 25, 2026. The shares were bought at $1.38 per share, equal to the August 24, 2026 closing price, according to a footnote.
Following this purchase, Kersten’s reported direct holdings increased to 316,142 shares of common stock. He also reports 311,547 shares of common stock held indirectly as Trustee, shown as a separate holding entry.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
2 txns
Insider
KERSTEN GEERT R
Role
Chief Executive Officer
Bought
100,000 shs ($138K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 100,000 | $1.38 | $138K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 316,142 shares (Direct);
Common Stock — 311,547 shares (Indirect, Trustee)
Footnotes (1)
- F1. On August 25, 2026, Mr. Kersten purchased 100,000 shares of restricted stock directly from the Company at the closing price on August 24, 2026, the most recent closing price available.
Key Figures
Shares purchased: 100,000 shares of common stock
Purchase price per share: $1.38 per share
Direct holdings after transaction: 316,142 shares
+2 more
5 metrics
Shares purchased
100,000 shares of common stock
Restricted stock purchased directly from the company on August 25, 2026
Purchase price per share
$1.38 per share
Equal to the August 24, 2026 closing price, per footnote F1
Direct holdings after transaction
316,142 shares
Common stock held directly by Geert R. Kersten following the purchase
Indirect holdings as Trustee
311,547 shares
Common stock reported as indirectly owned in Trustee capacity
Net buy shares
100,000 shares
Net effect of reported buy and sell transactions in this filing
Key Terms
restricted stock, indirect, Trustee, Rule 10b5-1
4 terms
restricted stock financial
"purchased 100,000 shares of restricted stock directly from the Company"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
indirect financial
"ownership_type": "indirect", "ownership_code": "I""
Trustee financial
""nature_of_ownership": "Trustee""
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CVM CEO Geert R. Kersten report on August 25, 2026?
He reported purchasing 100,000 shares of CEL SCI CORP common stock as restricted stock on August 25, 2026, in a direct transaction with the company.
What indirect CEL SCI (CVM) holdings does the CEO report as Trustee?
He reports an additional 311,547 shares of CEL SCI CORP common stock held indirectly in a capacity described as Trustee.
Was the August 25, 2026 CVM insider purchase made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating the transaction was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
