SEC Form 4 · accession 0001493152-26-035261
NEXGEL, INC. · NXGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam R. Levy
Officer — Chief Executive Officer · Director
Period of report
Jul 23, 2026
Accepted (ET)
Jul 29, 2026 · 5:25 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001468929
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $0.647 | Jul 23, 2026 | A | 160,000 | A | — | Jul 23, 2031 | Common Stock | 160,000 | 160,000 | D |
Explanation of responses
- F1The option becomes exercisable as to 40,000 shares on December 31, 2026, and as to the remaining 120,000 shares in 36 equal monthly installments of 3,334 shares (with rounding adjustments) beginning January 31, 2027, in each case subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. In the event of a Change in Control (as defined in the Reporting Person's Executive Employment Agreement with the Issuer, dated July 23, 2026), any unvested portion of the option will accelerate and become immediately exercisable in full.