Adam R. Levy - 02 Oct 2025 Form 4 Insider Report for NEXGEL, INC. (NXGL)

Role
Chief Executive Officer, Director
Signature
/s/ Adam R. Levy
Issuer symbol
NXGL
Transactions as of
02 Oct 2025
Transactions value $
-$10,119
Form type
4
Filing time
06 Oct 2025, 20:00:03
Previous filing
29 Aug 2025
Next filing
07 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Levy Adam R. Chief Executive Officer, Director C/O NEXGEL, INC., 2150 CABOT BLVD, WEST, SUITE B, LANGHORNE /s/ Adam R. Levy 06 Oct 2025 0001794090

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXGL Common Stock Sale -$4K -1.6K -0.43% $2.50 374K 02 Oct 2025 Direct F1, F2
transaction NXGL Common Stock Sale -$6.12K -2.4K -0.64% $2.55 372K 03 Oct 2025 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The Reporting Person sold these shares pursuant to a Rule 10b5-1 trading plan instituted for tax planning purposes. The shares were originally acquired by the Reporting Person from the Issuer on October 15, 2019
F2 The Reporting Person sold all 1,600 shares of common stock in the open market at a price of $2.5000 per share.
F3 Represents the weighted average of open market sale transactions ranging from $2.500 to $2.6100 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price sold if requested by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.