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Insider Buy Director Buy April 27, 2026

Revel Michel purchased ~$150K in NCEL stock

NCEL (NCEL)  ·  CSO and Director  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published

= insider buy date

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Insider

Revel Michel

Role

CSO and Director

Transaction

Open-Market Purchase

Approx. Value

~$150K

Trade Date

Apr 27, 2026

Company

NCEL

Ticker

NCEL

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$150K purchase

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

CSO and Director

Board directors review strategy, financials, and major decisions at the highest level. Their purchases often reflect confidence in long-term direction.

RM

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On April 27, 2026, Revel Michel — CSO and Director of NCEL — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$150K in NCEL (NCEL) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$150K
Insider role CSO and Director

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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