NEXGEL CEO sells 13,000 company shares
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Form Type
4
Rhea-AI Filing Summary
NEXGEL, INC. Chief Executive Officer Adam R. Levy reported selling a total of 13,000 shares of Common Stock in open-market transactions over three days. He sold 3,000 shares at $0.5975 per share, 7,000 shares at a weighted average price of $0.6058 per share, and 3,000 shares at $0.6003 per share. Following these sales, he directly holds 344,692 shares of NEXGEL Common Stock, indicating these sales represent a relatively small portion of his overall position.
Insider Trade Summary
Net Seller: 13,000 shares
Net Sell
3 txns
Insider
Levy Adam R.
Role
Chief Executive Officer
Sold
13,000 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $0.6003 | $2K |
| Sale | Common Stock | 7,000 | $0.6058 | $4K |
| Sale | Common Stock | 3,000 | $0.5975 | $2K |
Holdings After Transaction:
Common Stock — 344,692 shares (Direct)
Footnotes (3)
- F1. The Reporting Person sold all 3,000 shares of common stock in the open market at a price of $0.5975 per share.
- F2. Represents the weighted average of open market sale transactions ranging from $0.5958 to $0.6133 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price sold if requested by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
- F3. The Reporting Person sold all 3,000 shares of common stock in the open market at a price of $0.6003 per share.
Key Figures
Total shares sold: 13,000 shares
Shares sold on May 27, 2026: 3,000 shares at $0.5975/share
Shares sold on May 28, 2026: 7,000 shares at $0.6058/share
+3 more
6 metrics
Total shares sold
13,000 shares
Open-market sales by CEO Adam R. Levy
Shares sold on May 27, 2026
3,000 shares at $0.5975/share
Open-market sale of Common Stock
Shares sold on May 28, 2026
7,000 shares at $0.6058/share
Weighted average open-market sale price
Shares sold on May 29, 2026
3,000 shares at $0.6003/share
Open-market sale of Common Stock
Shares held after last sale
344,692 shares
CEO direct ownership following transactions
Net share change
13,000 shares sold
Net-sell direction in transaction summary
Key Terms
open-market sale, weighted average, Common Stock, Form 4
4 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average financial
"Represents the weighted average of open market sale transactions"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
Common Stock financial
"The Reporting Person sold all 3,000 shares of common stock in the open market"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"These sales were disclosed in a Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NEXGEL (NXGL) report for CEO Adam R. Levy?
NEXGEL reported that CEO Adam R. Levy sold 13,000 shares of Common Stock in open-market transactions. These sales occurred over three days and were disclosed in a Form 4 insider trading report filed with regulators.
What does the weighted average price in the NEXGEL (NXGL) Form 4 mean?
The weighted average price of $0.6058 per share reflects multiple open-market sales on one day between $0.5958 and $0.6133. The CEO has offered to provide detailed per-trade pricing information upon request to regulators or shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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