Michel Revel

CIK 2095518 · View on SEC EDGAR ↗

Insider Activist

First SEC filing: Nov. 14, 2025 · Latest: March 18, 2026

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Insider at

Insider transactions

2 buys (P) 0 sells (S) Net: $149,999 Avg return of open purchases vs now: 16.7% last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

Date Ticker Code Shares Price Value Owned after Δ own A/D vs now
April 27, 2026 NCEL P 76,363 76,363 Direct Acquired (price as of 2026-08-20)
April 27, 2026 NCEL P 54,545 $2.75 $149,999 957,530 Direct +6.04% Acquired 16.7% (price as of 2026-08-20)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date Ticker Security Underlying Exercise price Expiration Shares A/D
April 27, 2026 NCEL Warrant (right to buy) Common Shares, par value CHF 0.05 per share (76,363) $3.02 April 27, 2031 76,363 Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 2 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date Ticker Security Shares Ownership
March 18, 2026 NCEL Ordinary Shares 940,787 Direct
March 18, 2026 NCEL Option to Purchase Ordinary Shares→ Ordinary Shares Direct