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Elauwit Connection (ELWT) executive chair reports 5,000-share purchase on 12/11/2025

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

Rhea-AI Filing Summary

Elauwit Connection, Inc. insider Daniel McDonough, Jr., who is a director, 10% owner and Executive Chairman, reported a stock purchase. On 12/11/2025, he bought 5,000 shares of common stock at $6.50 per share, and now holds 5,000 shares directly.

The filing also reports indirect ownership of 759,890 common shares through Baron Hunter Group, LLC and 62,169 common shares through PecheJenn, LLC, entities for which McDonough is the managing member.

Positive

  • None.

Negative

  • None.
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*
McDonough Daniel JR

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

(Street)
COLUMBIA SC 29223

(City) (State) (Zip)
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 X 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 12/11/2025 P 5,000 A $6.5 5,000 D
Common Stock 759,890 I By Baron Hunter Group, LLC(1)
Common Stock 62,169 I By PecheJenn, LLC(2)
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
Explanation of Responses:
1. Mr. McDonough is the managing member of Baron Hunter Group, LLC.
2. Mr. McDonough is the managing member of PecheJenn, LLC.
/s/ Sean Arnette, Attorney-in-Fact for Daniel McDonough, Jr. 12/16/2025
** 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.

FAQ

What insider transaction did Elauwit Connection (ELWT) report in this filing?

The filing reports that Daniel McDonough, Jr., a director, 10% owner and Executive Chairman of Elauwit Connection, Inc., bought 5,000 shares of common stock on 12/11/2025.

At what price were the 5,000 Elauwit Connection (ELWT) shares purchased?

The 5,000 shares of Elauwit Connection common stock were purchased at a price of $6.50 per share.

How many Elauwit Connection (ELWT) shares does the insider hold directly after the transaction?

Following the reported transaction, the insider holds 5,000 shares of Elauwit Connection common stock in direct ownership.

What indirect holdings in Elauwit Connection (ELWT) are disclosed for the insider?

The filing shows indirect ownership of 759,890 shares of common stock through Baron Hunter Group, LLC and 62,169 shares through PecheJenn, LLC.

What is Daniel McDonough, Jr.’s relationship to Elauwit Connection (ELWT)?

Daniel McDonough, Jr. is identified as a Director, 10% Owner, and Officer with the title Executive Chairman of Elauwit Connection, Inc.

What is Daniel McDonough, Jr.’s role in Baron Hunter Group, LLC and PecheJenn, LLC?

The explanation states that McDonough is the managing member of both Baron Hunter Group, LLC and PecheJenn, LLC, through which the indirect shareholdings are held.

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