Joseph Anthony Mara Jr. - 18 Feb 2026 Form 4 Insider Report for Vericel Corp (VCEL)

Role
Chief Financial Officer
Signature
/s/ Sean Flynn, as Attorney-in-Fact for Joseph Mara
Issuer symbol
VCEL
Transactions as of
18 Feb 2026
Net transactions value
-$85,679
Form type
4
Filing time
20 Feb 2026, 16:06:08 UTC
Previous filing
13 Feb 2026
Next filing
26 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Mara Joseph Anthony Jr Chief Financial Officer 64 SIDNEY STREET, CAMBRIDGE /s/ Sean Flynn, as Attorney-in-Fact for Joseph Mara 20 Feb 2026 0001841148

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise $0 +4,625 +32% $0.000000 18,929 18 Feb 2026 Direct F1, F2
transaction VCEL Common Stock Tax liability $55,414 -1,505 -8% $36.82 17,424 18 Feb 2026 Direct F2, F3
transaction VCEL Common Stock Options Exercise $0 +2,755 +16% $0.000000 20,179 18 Feb 2026 Direct F2, F4
transaction VCEL Common Stock Tax liability $30,265 -809 -4% $37.41 19,370 18 Feb 2026 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VCEL Restricted Stock Unit Options Exercise +4,625 4,625 18 Feb 2026 Common Stock 4,625 Direct F1, F5, F6, F7
transaction VCEL Restricted Stock Unit Options Exercise +2,755 0 18 Feb 2026 Common Stock 2,755 Direct F4, F5, F6, F8
transaction VCEL Stock Option (Right to Buy) Award $0 +46,250 $0.000000 46,250 19 Feb 2026 Common Stock 46,250 $38.17 Direct F9
transaction VCEL Restricted Stock Unit Award $0 +18,500 $0.000000 18,500 19 Feb 2026 Common Stock 18,500 Direct F5, F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock were acquired by the Reporting Person as a result of the vesting of Restricted Stock Units (RSUs) granted to the Reporting Person on February 17, 2023. The remaining RSUs will vest on February 17, 2027.
F2 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).
F3 These shares were withheld by the Issuer to satisfy the tax withholding requirements in connection with the vesting of RSUs.
F4 The shares of common stock were acquired by the Reporting Person as a result of the vesting of RSUs granted to the Reporting Person on February 18, 2022.
F5 Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.
F6 No expiration date for this type of award.
F7 The Fair Market Value of the vested derivative securities is $36.82 per share.
F8 The Fair Market Value of the vested derivative securities is $37.41 per share.
F9 These options shall begin vesting on February 19, 2026 and shall continue to vest and become exercisable in equal quarterly installments over the course of the following four (4) year period.
F10 These RSUs vest in four annual installments with the initial vesting of RSUs granted to the Reporting Person on February 19, 2027. The remaining RSUs will vest in annual installments on February 19, 2028, February 19, 2029, and February 19, 2030, respectively.