Vericel director Zerbe proposes $157K share sale

The notice also lists a cash-paid option exercise and 2,500 shares sold on the preceding day.

Available on EDGAR 11/05/2026 - 04:10 PM EST Accepted by SEC EDGAR 11/05/2026 - 04:09 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Vericel Corp (VCEL) director Robert L. Zerbe filed notice of a proposed sale of 3,000 common shares, with a stated market value of $156,682.29. The notice lists the shares as acquired from the issuer through a stock option exercise for cash on November 5, 2026. It also reports that Zerbe sold 2,500 common shares for $113,502 on November 4, 2026.

Key Figures

Proposed sale: 3,000 common shares Stated market value: $156,682.29 Shares sold: 2,500 common shares +1 more

4 metrics

Proposed sale 3,000 common shares Proposed sale dated November 5, 2026

Stated market value $156,682.29 Proposed sale

Shares sold 2,500 common shares November 4, 2026

Reported value $113,502 Shares sold November 4, 2026

Key Terms

Rule 144, Stock Option Exercise

2 terms

Rule 144 regulatory

"paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option Exercise financial

"Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

FAQ

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

How many VCEL shares does Robert L. Zerbe plan to sell?

Robert L. Zerbe reported a proposed sale of 3,000 common shares, with a stated market value of $156,682.29. The notice lists the shares as acquired from the issuer through a stock option exercise for cash on November 5, 2026.

How many VCEL shares did Robert L. Zerbe sell in the prior three months?

The notice reports that Robert L. Zerbe sold 2,500 common shares for $113,502 on November 4, 2026.

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

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001220363
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Vericel Corp
SEC File Number	001-35280
Address of Issuer	25 BLUE SKY DRIVE BURLINGTON MASSACHUSETTS 01803
Phone	6175885555
Name of Person for Whose Account the Securities are To Be Sold	ZERBE ROBERT L MD
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	3000	156682.29	51029770	11/05/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/05/2026	Stock Option Exercise	Issuer			3000	11/05/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Robert Zerbe 25 Blue Sky Drive Burlington MA 01803	Common	11/04/2026	2500	113502.00

144: Remarks and Signature

Remarks
Date of Notice	11/05/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/19/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Robert Zerbe
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)