Vericel Corp — Director's Dealing 2026

Feb 26, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vericel Corp (VCEL)
CIK: 0000887359
Period of Report: 2026-02-24

Reporting Person: Mara Joseph Anthony Jr (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-24	Common Stock	M	4625	—	Acquired	23995	Direct
2026-02-24	Common Stock	F	1358	$38.09	Disposed	22637	Direct
2026-02-24	Common Stock	M	4625	—	Acquired	27262	Direct
2026-02-24	Common Stock	F	1358	$38.25	Disposed	25904	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-24	Restricted Stock Unit	$	M	4625	Acquired		Common Stock (4625)	Direct
2026-02-24	Restricted Stock Unit	$	M	4625	Acquired		Common Stock (4625)	Direct

Footnotes

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 20, 2025. The remaining RSUs will vest in annual installments on February 20, 2027, February 20, 2028, and February 20, 2029, respectively.

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 22, 2024. The remaining RSUs will vest in annual installments on February 22, 2027, and February 22, 2028, respectively.

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 $38.09 per share.

F8: The Fair Market Value of the vested derivative securities is $38.25 per share.