Elauwit Connection (ELWT) grants CAO 7,693 stock options at $6.50
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elauwit Connection, Inc. reported that Chief Accounting Officer Kyle E. Huffman received a grant of stock options to buy 7,693 shares of common stock at an exercise price of $6.50 per share. The options were granted under the 2025 Stock Incentive Plan, vest on the first anniversary of the grant date, and expire on April 2, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huffman Kyle E.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,693 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,693 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 7,693 options
Exercise price: $6.50 per share
Underlying shares: 7,693 shares
+2 more
5 metrics
Options granted
7,693 options
Grant to Chief Accounting Officer on April 2, 2026
Exercise price
$6.50 per share
Stock option strike price
Underlying shares
7,693 shares
Common stock underlying the options
Total options after grant
7,693 options
Total derivative holdings following transaction
Expiration date
April 2, 2036
Option term under 2025 Stock Incentive Plan
Key Terms
Stock Option (Right to Buy), 2025 Stock Incentive Plan, Rule 16b-3, vests
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
2025 Stock Incentive Plan financial
"granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan"
Rule 16b-3 regulatory
"in a transaction exempt under Rule 16b-3 and, except as otherwise"
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.
vests financial
"vests on the first anniversary of the date of grant"
FAQ
What insider transaction did ELWT report for Kyle E. Huffman?
Elauwit Connection reported that Chief Accounting Officer Kyle E. Huffman received 7,693 stock options. These options allow him to buy common shares at $6.50 each, reflecting a compensation grant rather than an open-market purchase or sale.
What are the key terms of Kyle Huffman’s ELWT stock option grant?
The grant covers 7,693 stock options with a $6.50 exercise price per share. The options vest on the first anniversary of the grant date and expire on April 2, 2036, providing long-term equity-based compensation.
When do Kyle Huffman’s ELWT stock options vest and expire?
The options generally vest on the first anniversary of the grant date. They expire on April 2, 2036, giving the executive a long window to exercise them once vested, subject to plan and award notice terms.
Under which plan were the ELWT stock options granted to Kyle Huffman?
The options were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan. This plan governs equity-based awards to executives and others, and the grant is described as exempt under Rule 16b-3 of securities regulations.
Is the ELWT Form 4 transaction a market purchase or a compensation award?
The filing shows a compensation award, not a market trade. The transaction code is A for a grant or award, reflecting 7,693 stock options issued at a $6.50 exercise price under the company’s 2025 Stock Incentive Plan.