NEXGEL (NXGL) CEO Adam R. Levy sells 2,000 common shares at $0.5859
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEXGEL, INC. Chief Executive Officer Adam R. Levy reported an open-market sale of common stock. He sold 2,000 shares of Common Stock at a price of $0.5859 per share on June 1, 2026. After this transaction, he directly owned 342,692 shares of NEXGEL common stock, so the sale represents a small portion of his overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($1,172)
Net Sell
1 txn
Insider
Levy Adam R.
Role
Chief Executive Officer
Sold
2,000 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $0.5859 | $1K |
Holdings After Transaction:
Common Stock — 342,692 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,000 shares
Sale price per share: $0.5859 per share
Shares held after transaction: 342,692 shares
+1 more
4 metrics
Shares sold
2,000 shares
Open-market sale of NEXGEL Common Stock on June 1, 2026
Sale price per share
$0.5859 per share
Price received for each share sold by CEO
Shares held after transaction
342,692 shares
CEO’s direct NEXGEL Common Stock ownership following the sale
Net shares sold in period
2,000 shares
transactionSummary shows net-sell direction for this Form 4
Key Terms
Common Stock, open-market sale, Form 4, non-derivative
4 terms
Common Stock financial
"security_title: "Common Stock""
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.
open-market sale financial
"transaction_action: "open-market sale""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did NEXGEL (NXGL) report for Adam R. Levy?
NEXGEL reported that CEO Adam R. Levy sold 2,000 shares of Common Stock. The shares were sold in an open-market transaction at $0.5859 per share, as disclosed in the Form 4 filing.
Was the NEXGEL (NXGL) CEO’s transaction a buy or a sell?
The transaction was a sell. The Form 4 classifies it with code “S” as an open-market sale, and the transaction data label the direction as a sale of 2,000 NEXGEL Common Stock shares.
Did the NEXGEL (NXGL) CEO’s sale involve derivative securities?
No, the reported transaction involved only non-derivative Common Stock. The Form 4 shows zero derivative transactions and an empty derivative holdings summary for this reporting period.