David Dalvey - Nov 21, 2025 Form 4 Insider Report for Celcuity Inc. (CELC)

Role
Director
Signature
Griffin D. Foster as Attorney-in-Fact for David F. Dalvey pursuant to a Power of Attorney previously filed
Stock symbol
CELC
Transactions as of
Nov 21, 2025
Transactions value $
-$1,500,017
Form type
4
Date filed
11/24/2025, 04:07 PM
Previous filing
Jul 30, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dalvey David Director 16305 36TH AVENUE NORTH, SUITE 100, MINNEAPOLIS Griffin D. Foster as Attorney-in-Fact for David F. Dalvey pursuant to a Power of Attorney previously filed 2025-11-24 0001296457

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CELC Common Stock Sale -$1.5M -15K -12% $100.00 110K Nov 21, 2025 By Brightstone Venture Capital Fund, LP F1, F2, 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 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Brightstone Venture Capital Fund, LP ("Brightstone") on August 19, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.03, inclusive. The reporting person undertakes to provide Celcuity Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reporting person is the General Partner of Brightstone.