HALPIN MICHAEL (Chief Operating Officer) exercised options at VERICEL CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

HALPIN MICHAEL

Filed: 2/20/2026ACC: 0001140361-26-006309

InsiderHALPIN MICHAELCIK 1778858

→

IssuerVERICEL CORPCIK 887359

Officer· Chief Operating Officer

Since Jun 2019

+87.35K

Net shares

Net buyer

$159.3K

Total sold

Open market trades

0B · 0S

Total transactions

91.65K acquired · 4.30K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+5.25K

Price / share

—

Trade value

—

% of position

32.6%

2/18/2026

16.08K→21.33K

Common Stock

Direct

F · Tax Withholding

−2.49K

Price / share

$36.82

Trade value

$91.53K

% of position

11.7%

2/18/2026

21.33K→18.84K

Common Stock

Direct

M · Option Exercise

+3.83K

Price / share

—

Trade value

—

% of position

20.3%

2/18/2026

18.84K→22.67K

Common Stock

Direct

F · Tax Withholding

−1.81K

Price / share

$37.41

Trade value

$67.79K

% of position

8.0%

2/18/2026

22.67K→20.86K

Total

Net shares

+4.78K

Net value

-$159.32K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/18/2026	M · Option Exercise	+5.25K	—	—	32.6%	16.08K	21.33K
Common Stock Direct	2/18/2026	F · Tax Withholding	−2.49K	$36.82	$91.53K	11.7%	21.33K	18.84K
Common Stock Direct	2/18/2026	M · Option Exercise	+3.83K	—	—	20.3%	18.84K	22.67K
Common Stock Direct	2/18/2026	F · Tax Withholding	−1.81K	$37.41	$67.79K	8.0%	22.67K	20.86K
Total			+4.78K		-$159.32K

Derivative Transactions4

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

5.25K shares

+5.25K

Strike price

Held after

5.25K

Exercisable

—

2/18/2026

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

3.83K shares

+3.83K

Strike price

Held after

0.00

Exercisable

—

2/18/2026

Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

52.50K shares

+52.50K

Strike price

38.17

Held after

52.50K

Exercisable

—

2/19/2026

Restricted Stock Unit

Direct

A · Award

Converts to

Common Stock

21K shares

+21K

Strike price

Held after

21K

Exercisable

—

2/19/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Unit Direct	Common Stock5.25K shares	2/18/2026	M · Option Exercise	+5.25K		—	5.25K
Restricted Stock Unit Direct	Common Stock3.83K shares	2/18/2026	M · Option Exercise	+3.83K		—	0.00
Stock Option (Right to Buy) Direct	Common Stock52.50K shares	2/19/2026	A · Award	+52.50K	38.17	—	52.50K
Restricted Stock Unit Direct	Common Stock21K shares	2/19/2026	A · Award	+21K		—	21K