Elauwit director granted 6,885 RSUs
Elauwit Connection, Inc. director Berk Frederick R. reported a new equity award.
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Form Type
4
Rhea-AI Filing Summary
Elauwit Connection, Inc. director Berk Frederick R. reported a new equity award. He received 6,885 Restricted Stock Units (RSUs), which convert into common stock on a one-for-one basis and were granted under the 2025 Stock Incentive Plan, vesting on the first anniversary of the grant date. After this filing, he holds 63,169 shares of common stock directly and a separate RSU award of 1,847 units that vest on April 2, 2027.
Insider Trade Summary
Grant/Award: 6,885 shares
Grant/Award
3 txns
Insider
Berk Frederick R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,885 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,732 contracts for 1,847 underlying shares (Direct);
Common Stock — 63,169 shares (Direct)
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: 6,885 units
Common shares held: 63,169 shares
Existing RSU award: 1,847 units
+2 more
5 metrics
New RSU grant
6,885 units
Restricted Stock Units granted to director on 2026-06-18
Common shares held
63,169 shares
Total common stock directly owned after transactions
Existing RSU award
1,847 units
RSUs converting one-for-one into common stock, vesting April 2, 2027
RSU conversion ratio
1:1
Each RSU converts into one share of common stock
RSU exercise price
$0.00
Conversion/exercise price for reported Restricted Stock Units
Key Terms
Restricted Stock Units, 2025 Stock Incentive Plan, Rule 16b-3
3 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Elauwit Connection (ELWT) report for Berk Frederick R.?
Elauwit Connection reported that director Berk Frederick R. received a grant of 6,885 Restricted Stock Units. These RSUs are a form of stock-based compensation and represent the right to receive common shares in the future, subject to vesting conditions.
How many Restricted Stock Units did Berk Frederick R. receive from Elauwit Connection (ELWT)?
Berk Frederick R. received 6,885 Restricted Stock Units. Each RSU converts into one share of Elauwit Connection common stock, providing additional equity-linked compensation once vesting requirements are satisfied in line with the company’s stock incentive plan terms.
When do the newly granted RSUs to Berk Frederick R. at Elauwit Connection (ELWT) vest?
The newly granted RSUs vest on the first anniversary of the grant date. This means Berk Frederick R. must remain in the required service condition until that one-year mark before the 6,885 units convert into common stock.
What other equity awards does Berk Frederick R. hold at Elauwit Connection (ELWT)?
In addition to the new 6,885 RSU grant, Berk Frederick R. holds 1,847 Restricted Stock Units. These existing RSUs convert one-for-one into common stock and are scheduled to vest on April 2, 2027, subject to the award’s terms.
Under which plan were the new RSUs for Berk Frederick R. at Elauwit Connection (ELWT) granted?
The 6,885 RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan. This plan governs the company’s equity-based awards, including RSUs, and provides terms on vesting, conversion into common stock, and exemption under Rule 16b-3.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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