STOCK TITAN

Elauwit Connection (ELWT) director awarded 1,539 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Elauwit Connection, Inc. director Barton Scott Winter received a grant of 1,539 restricted stock units (RSUs) on April 2, 2026. These RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan and convert into common stock on a one-for-one basis.

According to the grant terms, the RSUs generally vest on the first anniversary of the grant date, subject to the award notice. After this grant, Winter holds 1,539 RSUs directly and 11,437 shares of common stock indirectly through the Scott Barton Revocable Living Trust.

Positive

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Insider Barton Scott Winter
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,539 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 1,539 shares (Direct); Common Stock — 11,437 shares (Indirect, By Scott Barton Revocable Living Trust)
Footnotes (1)
  1. [object Object]
RSUs granted 1,539 units Restricted Stock Units granted on April 2, 2026
RSU-to-share ratio 1:1 Each RSU converts into one share of common stock
RSUs outstanding after grant 1,539 units Total restricted stock units held directly after transaction
Indirect common stock holding 11,437 shares Common stock held by Scott Barton Revocable Living Trust
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.
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Barton Scott Winter

(Last)(First)(Middle)
C/O ELAUWIT CONNECTION, INC.
1700 ALTA VISTA DRIVE, SUITE 130

(Street)
COLUMBIA SOUTH CAROLINA 29223

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Elauwit Connection, Inc. [ ELWT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11,437IBy Scott Barton Revocable Living Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)04/02/2026A1,539 (1) (1)Common Stock1,539$01,539D
Explanation of Responses:
1. 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.
/s/ Barry R. Rubens, Attorney-in-Fact for Scott W. Barton04/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ELWT director Barton Scott Winter report?

Barton Scott Winter reported receiving 1,539 restricted stock units as an equity award. The RSUs were granted at no cash cost and convert into common stock on a one-for-one basis under the company’s 2025 Stock Incentive Plan.

When do the newly granted ELWT RSUs to Barton Scott Winter vest?

The 1,539 RSUs granted to Barton Scott Winter generally vest on the first anniversary of the April 2, 2026 grant date. Vesting remains subject to the specific terms described in the associated award notice under the company’s 2025 Stock Incentive Plan.

How many Elauwit Connection, Inc. RSUs does Barton Scott Winter hold after this grant?

After the reported grant, Barton Scott Winter directly holds 1,539 restricted stock units. Each RSU represents the right to receive one share of Elauwit Connection, Inc. common stock upon vesting and settlement, assuming the vesting conditions described in the award documentation are satisfied.

What indirect common stock holdings in ELWT are associated with Barton Scott Winter?

The filing shows 11,437 shares of common stock held indirectly through the Scott Barton Revocable Living Trust. This line is reported as a holding entry, indicating an existing indirect ownership position rather than a new open-market purchase or sale transaction on the report date.

Under which plan were Barton Scott Winter’s ELWT RSUs granted and what exemption applies?

The 1,539 RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan. The transaction is described as exempt under Rule 16b-3, which typically covers certain board-approved equity compensation awards to officers and directors for regulatory reporting purposes.