Elauwit director granted 1,847 RSUs in ELWT stock
Elauwit Connection, Inc. director Berk Frederick R. received a grant of 1,847 restricted stock units on common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Elauwit Connection, Inc. director Berk Frederick R. received a grant of 1,847 restricted stock units on common stock. These RSUs were awarded at no cash cost as equity compensation under the Elauwit Connection, Inc. 2025 Stock Incentive Plan and convert into common shares on a one-for-one basis.
According to the grant terms, the units generally vest on the first anniversary of the grant date, aligning compensation with longer-term company performance. After this filing, he directly holds 63,169 shares of common stock, reflecting his ongoing equity stake in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,847 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
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
Key Terms
Restricted Stock Units financial
Elauwit Connection, Inc. 2025 Stock Incentive Plan financial
Rule 16b-3 regulatory
vest on the first anniversary financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Elauwit Connection (ELWT) director Berk Frederick R. report on this Form 4?
How many restricted stock units did the Elauwit Connection (ELWT) director receive?
When do the newly granted Elauwit Connection (ELWT) RSUs vest?
Under what plan were the Elauwit Connection (ELWT) RSUs granted?
Was the Elauwit Connection (ELWT) RSU grant exempt under any SEC rule?
AI-generated analysis. How Rhea-AI works. Not financial advice.