Elauwit director awarded 5,435 RSUs
Elauwit Connection, Inc. director Barton Scott Winter reported an equity compensation grant and updated holdings.
Rhea-AI Filing Summary
Elauwit Connection, Inc. director Barton Scott Winter reported an equity compensation grant and updated holdings. He received 5,435 Restricted Stock Units (RSUs) of common stock at an exercise price of $0.0000 per unit in a grant classified as a “grant, award, or other acquisition.”
These RSUs convert into common stock on a one-for-one basis and, except as otherwise provided in the award notice, vest on the first anniversary of the grant date under the Elauwit Connection, Inc. 2025 Stock Incentive Plan. A separate RSU position representing 1,539 underlying shares vests on April 2, 2027, while an indirect trust holding shows 11,437 shares of common stock held for his benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,435 shares
Grant/Award
3 txns
Insider
Barton Scott Winter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,435 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 6,974 contracts for 1,539 underlying shares (Direct);
Common Stock — 11,437 shares (Indirect, By Scott Barton Revocable Living Trust)
Footnotes (2)
- F1. These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the first anniversary of the date of grant.
- F2. These restricted stock units, which convert into common stock on a one-for-one basis, vest on April 2, 2027, except as otherwise provided in the award notice.
Key Figures
New RSU grant: 5,435 Restricted Stock Units
RSU exercise price: $0.0000 per unit
Existing RSUs: 1,539 underlying shares
+2 more
5 metrics
New RSU grant
5,435 Restricted Stock Units
Granted to Barton Scott Winter at $0.0000 per unit
RSU exercise price
$0.0000 per unit
Price for newly granted Restricted Stock Units
Existing RSUs
1,539 underlying shares
Restricted Stock Units vesting on April 2, 2027
Indirect common shares
11,437 shares
Common stock held by Scott Barton Revocable Living Trust
Vesting schedule
First anniversary and April 2, 2027
Vesting dates for RSU awards
Key Terms
Restricted Stock Units, Rule 16b-3, Elauwit Connection, Inc. 2025 Stock Incentive Plan, Revocable Living Trust
4 terms
Restricted Stock Units financial
"These restricted stock units, which convert into common stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16b-3 regulatory
"were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Elauwit Connection, Inc. 2025 Stock Incentive Plan financial
"were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3"
Revocable Living Trust financial
"By Scott Barton Revocable Living Trust"
FAQ
What did Barton Scott Winter report in this Elauwit (ELWT) Form 4 filing?
Barton Scott Winter reported an equity compensation update, including a grant of 5,435 Restricted Stock Units that convert one-for-one into Elauwit common stock. The filing also discloses existing RSU holdings and common shares held indirectly through a revocable living trust.
How many Restricted Stock Units did Barton Scott Winter receive from Elauwit (ELWT)?
He received 5,435 Restricted Stock Units of Elauwit common stock at an exercise price of $0.0000 per unit. These RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan as a compensation award rather than an open-market purchase or sale.
When do Barton Scott Winter’s newly granted Elauwit (ELWT) RSUs vest?
The newly granted 5,435 Restricted Stock Units generally vest on the first anniversary of the grant date, subject to the terms in the award notice. Once vested, they convert into Elauwit common stock on a one-for-one basis, increasing his direct equity exposure.
What existing RSU award did the Elauwit (ELWT) Form 4 reference?
The filing references an existing RSU award covering 1,539 underlying shares of Elauwit common stock. According to the footnote, these Restricted Stock Units vest on April 2, 2027, unless otherwise provided in the award notice, and convert into common stock one-for-one at vesting.
Were there any open-market buys or sells in this Elauwit (ELWT) Form 4?
No open-market purchases or sales are reported. The key transaction is a grant of 5,435 Restricted Stock Units as compensation, while the other entries update or report existing holdings of RSUs and indirectly held common stock without indicating buy or sell activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
