Vericel (VCEL) CFO 10b5-1 sale leaves 21,009 shares held

Rhea-AI Filing Summary

Vericel Corp’s Chief Financial Officer, Mara Joseph Anthony Jr, completed an automatic open-market sale of 5,000 shares of common stock at $40.50 per share. The transaction occurred on May 7, 2026 and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 2, 2025.

Following the sale, the CFO continues to hold 21,009 Vericel shares directly, including shares previously acquired through the company’s 2015 Employee Stock Purchase Plan. The filing reflects a planned, programmatic sale rather than a discretionary one-time trade.

Insider Trade Summary 10b5-1

Net Seller: 5,000 shares ($202,500)

Net Sell 1 txn

Insider Mara Joseph Anthony Jr

Role Chief Financial Officer

Sold 5,000 shs ($203K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,000	$40.50	$203K

Holdings After Transaction: Common Stock — 21,009 shares (Direct, null)

Footnotes (1)

1. The sales reported in this Form 4 were effected by an automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2025. These shares include shares acquired pursuant to the Issuer's 2015 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).

Key Figures

Shares sold: 5,000 shares Sale price: $40.50 per share Shares held after sale: 21,009 shares +1 more

4 metrics

Shares sold 5,000 shares Open-market sale on May 7, 2026

Sale price $40.50 per share Price for the 5,000 shares sold

Shares held after sale 21,009 shares Direct ownership following the transaction

Net shares sold 5,000 shares Net-sell direction per transaction summary

Key Terms

Rule 10b5-1 trading plan, open-market sale, Employee Stock Purchase Plan, Form 4

4 terms

Rule 10b5-1 trading plan regulatory

"automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: "open-market sale" for 5,000 shares of Common Stock"

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.

Employee Stock Purchase Plan financial

"shares acquired pursuant to the Issuer's 2015 Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Form 4 regulatory

"The sales reported in this Form 4 were effected by an automatic sale"

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.

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Mara Joseph Anthony Jr

(Last) (First) (Middle)

64 SIDNEY STREET

(Street)

CAMBRIDGE MASSACHUSETTS 02139

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Vericel Corp [ VCEL ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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
Common Stock	05/07/2026		S		5,000	D(1)	$40.5	21,009(2)	D

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

Explanation of Responses:

1. The sales reported in this Form 4 were effected by an automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2025.

2. These shares include shares acquired pursuant to the Issuer's 2015 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).

	/s/ Sean Flynn, as Attorney-in-Fact for Joseph Mara	05/08/2026
	** 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)

FAQ

What insider transaction did Vericel (VCEL) report in this Form 4?

Vericel reported that its Chief Financial Officer, Mara Joseph Anthony Jr, sold 5,000 shares of common stock in an open-market transaction at $40.50 per share. The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan.

How many Vericel (VCEL) shares did the CFO sell and at what price?

The CFO sold 5,000 Vericel common shares at $40.50 per share in an open-market transaction. This was an automatic sale carried out under a Rule 10b5-1 trading plan, rather than a discretionary trade made on the transaction date.

How many Vericel (VCEL) shares does the CFO hold after this sale?

After the sale, the Chief Financial Officer directly holds 21,009 Vericel common shares. This total includes shares that were previously acquired through Vericel’s 2015 Employee Stock Purchase Plan, which were exempt under specific SEC rules cited in the filing.

Was the Vericel (VCEL) CFO’s share sale part of a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effected automatically under a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing decisions.

What role does the insider in this Vericel (VCEL) Form 4 hold?

The insider is Mara Joseph Anthony Jr, Vericel’s Chief Financial Officer. The filing shows he executed a pre-planned open-market sale of 5,000 common shares and now directly owns 21,009 shares, including those bought through the company’s employee stock purchase plan.