Elauwit CIO/COO granted 8,265 RSUs
Jones Nicholas Alan reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Jones Nicholas Alan reported acquisition or exercise transactions in this Form 4 filing.
Elauwit Connection, Inc. granted CIO and COO Nicholas Alan Jones 8,265 restricted stock units. These units were awarded at $0.00 per unit under the company’s 2025 Stock Incentive Plan and will generally vest on the first anniversary of the grant date, subject to award terms.
Insider Trade Summary
Grant/Award: 8,265 shares
Grant/Award
1 txn
Insider
Jones Nicholas Alan
Role
CIO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,265 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 8,265 contracts (Direct)
Footnotes (1)
- 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.
Key Figures
RSUs granted: 8,265 units
Grant price: $0.00 per unit
RSUs after transaction: 8,265 units
+1 more
4 metrics
RSUs granted
8,265 units
Restricted stock units awarded to CIO/COO
Grant price
$0.00 per unit
Acquisition price for RSU grant
RSUs after transaction
8,265 units
Total RSUs held following grant
Underlying common shares
8,265 shares
Common stock underlying granted RSUs
Key Terms
Restricted Stock Units, 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.
Stock Incentive Plan financial
"were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
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 did Elauwit Connection (ELWT) executive Nicholas Alan Jones receive in this Form 4?
Nicholas Alan Jones received 8,265 restricted stock units as an equity award. The RSUs are tied to Elauwit Connection common stock and increase his direct equity-based compensation stake in the company.
How many Elauwit Connection (ELWT) RSUs does Nicholas Alan Jones hold after this grant?
Following the grant, Nicholas Alan Jones holds 8,265 restricted stock units. The filing shows this entire amount as his direct derivative holdings after the transaction, with no prior RSU balance listed.
What are the vesting terms of Nicholas Alan Jones’s new Elauwit Connection (ELWT) RSUs?
The 8,265 RSUs generally vest on the first anniversary of the grant date. The footnote notes this timing applies except as otherwise provided in the specific award notice governing the grant.
At what price were the Elauwit Connection (ELWT) RSUs granted to Nicholas Alan Jones?
The 8,265 restricted stock units were granted at a $0.00 per unit acquisition price. This reflects a typical compensation award, not an open-market purchase, and involves no cash payment by the executive at grant.
How do Nicholas Alan Jones’s Elauwit Connection (ELWT) RSUs convert into common stock?
The filing states the RSUs convert into common stock on a one-for-one basis. Once vested, each restricted stock unit becomes one share of Elauwit Connection common stock, increasing his actual share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
