Elauwit Connection (ELWT) director awarded 1,539 restricted stock units
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
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Key Figures
RSUs granted: 1,539 units
RSU-to-share ratio: 1:1
RSUs outstanding after grant: 1,539 units
+1 more
4 metrics
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
Key Terms
Restricted Stock Units, Rule 16b-3, 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.
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 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.