Sean C. Flynn - 18 Feb 2026 Form 4 Insider Report for Vericel Corp (VCEL)

Role
Chief Legal Officer
Signature
/s/ Sean Flynn
Issuer symbol
VCEL
Transactions as of
18 Feb 2026
Net transactions value
-$93,394
Form type
4
Filing time
20 Feb 2026, 16:06:12 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
Flynn Sean C. Chief Legal Officer 64 SIDNEY STREET, CAMBRIDGE /s/ Sean Flynn 20 Feb 2026 0001801993

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCEL Common Stock Options Exercise $0 +3,000 +238% $0.000000 4,262 18 Feb 2026 Direct F1, F2
transaction VCEL Common Stock Tax liability $54,862 -1,490 -35% $36.82 2,772 18 Feb 2026 Direct F2, F3
transaction VCEL Common Stock Options Exercise $0 +2,325 +84% $0.000000 5,097 18 Feb 2026 Direct F2, F4
transaction VCEL Common Stock Tax liability $38,532 -1,030 -20% $37.41 4,067 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 +3,000 3,000 18 Feb 2026 Common Stock 3,000 Direct F1, F5, F6, F7
transaction VCEL Restricted Stock Unit Options Exercise +2,325 0 18 Feb 2026 Common Stock 2,325 Direct F4, F5, F6, F8
transaction VCEL Stock Option (Right to Buy) Award $0 +35,000 $0.000000 35,000 19 Feb 2026 Common Stock 35,000 $38.17 Direct F9
transaction VCEL Restricted Stock Unit Award $0 +14,000 $0.000000 14,000 19 Feb 2026 Common Stock 14,000 Direct F4, 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.