Elauwit Connection (ELWT) director granted 1,539 RSUs, now holds 141,388 shares

Rhea-AI Filing Summary

Elauwit Connection, Inc. director Glenn M. Josephs received a grant of 1,539 Restricted Stock Units that convert into common stock on a one-for-one basis. The RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan and, except as otherwise provided in the award notice, vest on the first anniversary of the grant date. Following this award, he directly holds 141,388 shares of common stock and 1,539 RSUs.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Josephs Glenn M.

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 — 141,388 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 1,539 RSUs RSU conversion ratio: 1:1 into common stock Common shares held after: 141,388 shares +2 more

5 metrics

RSU grant size 1,539 RSUs Restricted Stock Units granted to director on 2026-04-02

RSU conversion ratio 1:1 into common stock Footnote describing RSU terms

Common shares held after 141,388 shares Direct common stock holdings following reported transactions

Rule 16b-3 status Exempt transaction RSU grant exempt under Rule 16b-3

RSU vesting First anniversary of grant Vesting schedule for RSUs, subject to award notice terms

Key Terms

Restricted Stock Units, 2025 Stock Incentive Plan, Rule 16b-3, vest

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.

2025 Stock Incentive Plan financial

"were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan"

Rule 16b-3 regulatory

"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.

vest financial

"vest on the first anniversary of the date of grant"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Josephs Glenn M.

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								141,388	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	04/02/2026		A		1,539		(1)	(1)	Common Stock	1,539	$0	1,539	D

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 Glenn M. Josephs	04/06/2026
	** Signature of Reporting Person	Date
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 Glenn M. Josephs report?

Glenn M. Josephs reported receiving 1,539 Restricted Stock Units in Elauwit Connection, Inc. These RSUs were granted as equity compensation and convert into common stock on a one-for-one basis, adding to his existing direct common stock holdings reported in the filing.

How many Elauwit Connection (ELWT) shares does Glenn M. Josephs hold after this filing?

After this filing, Glenn M. Josephs directly holds 141,388 shares of Elauwit Connection common stock. In addition, he holds 1,539 Restricted Stock Units that will convert into common shares upon vesting, increasing his effective equity exposure to the company.

What are the key terms of the 1,539 RSUs granted to the ELWT director?

The 1,539 Restricted Stock Units convert into Elauwit Connection common stock on a one-for-one basis. They were granted under the 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided, vest on the first anniversary of the grant date.

Under which plan were the Elauwit Connection RSUs granted to Glenn M. Josephs?

The Restricted Stock Units were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan. This plan provides equity-based awards to eligible participants, and the reported RSU grant represents director-level compensation rather than an open-market stock purchase.

Does the Form 4 for ELWT show any stock sales by Glenn M. Josephs?

The Form 4 shows no sales of Elauwit Connection common stock by Glenn M. Josephs. It reports an acquisition of 1,539 Restricted Stock Units as a grant and a separate entry updating his direct common stock holdings at 141,388 shares after the reported transactions.