ImmuCell director granted 10,000 stock options

ImmuCell Corp. director Bryan K. Gathagan received a grant of non-qualified stock options for 10,000 shares of common stock.

Rhea-AI Filing Summary

ImmuCell Corp. director Bryan K. Gathagan received a grant of non-qualified stock options for 10,000 shares of common stock. The options have an exercise price of $5.49 per share, become exercisable on April 16, 2028, and expire on April 16, 2030. Following this grant, he holds 10,000 options directly.

Insider Trade Summary

Grant/Award: 10,000 shares

Grant/Award 1 txn

Insider Gathagan Bryan K.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non Qualified Stock Options (Right to buy)	10,000	$0.00	$0.00

Holdings After Transaction: Non Qualified Stock Options (Right to buy) — 10,000 contracts (Direct)

Key Figures

Options granted: 10,000 options Exercise price: $5.49 per share Exercisable date: April 16, 2028 +2 more

5 metrics

Options granted 10,000 options Non-qualified stock options granted to director Bryan K. Gathagan

Exercise price $5.49 per share Exercise price for 10,000 non-qualified stock options

Exercisable date April 16, 2028 Date options become exercisable

Expiration date April 16, 2030 Expiration of non-qualified stock options

Options held after 10,000 options Total derivative securities following the reported grant

Key Terms

Non Qualified Stock Options, exercise price, expiration date, grant/award acquisition

4 terms

Non Qualified Stock Options financial

"security_title: "Non Qualified Stock Options (Right to buy)""

exercise price financial

"conversion_or_exercise_price: "5.4900""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

expiration date financial

"expiration_date: "2030-04-16T00:00:00.000Z""

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ImmuCell (ICCC) director Bryan K. Gathagan report in this Form 4?

He reported receiving a grant of 10,000 non-qualified stock options. These options give him the right to buy ImmuCell common shares at a fixed exercise price of $5.49, reflecting an equity-based compensation award.

What are the key terms of Bryan Gathagan’s ImmuCell (ICCC) stock options?

The grant covers 10,000 non-qualified stock options with an exercise price of $5.49 per share. The options become exercisable on April 16, 2028 and will expire on April 16, 2030 if not exercised.

How many ImmuCell (ICCC) options does Bryan Gathagan hold after this transaction?

After this grant, he holds 10,000 non-qualified stock options directly. The filing does not list any additional derivative positions, so this award establishes his reported option holdings as of the transaction date.

Is Bryan Gathagan’s ImmuCell (ICCC) option grant a purchase or a grant acquisition?

It is recorded as a grant or award acquisition, not an open-market purchase. The Form 4 uses transaction code “A” with a description of grant, award, or other acquisition, indicating company-issued equity compensation.

When can Bryan Gathagan exercise his ImmuCell (ICCC) stock options and when do they expire?

The options become exercisable on April 16, 2028, allowing him to buy shares at $5.49 each. They carry an expiration date of April 16, 2030, after which any unexercised options will lapse.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/14/2026 - 03:40 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gathagan Bryan K.

(Last) (First) (Middle)

C/O IMMUCELL CORPORATION

56 EVERGREEN DRIVE

(Street)

PORTLAND MAINE 04103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
IMMUCELL CORP /DE/ [ ICCC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non Qualified Stock Options (Right to buy)	$5.49	04/16/2025		A		10,000		04/16/2028	04/16/2030	Common Stock	10,000	$0	10,000	D

Explanation of Responses:

Remarks:

The options were granted by the Issuer to compensate directors for services on the Issuer's board of directors.

	/s/ Timothy C. Fiori Attorney-in-Fact	04/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)