Elauwit Connection (ELWT) director receives 1,847 RSUs under 2025 incentive plan

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

2 transactions reported

Mixed 2 txns

Insider Berk Frederick R.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,847	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,847 shares (Direct); Common Stock — 63,169 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 1,847 units RSU grant price: $0.00 per unit Underlying common shares: 1,847 shares +1 more

4 metrics

RSUs granted 1,847 units Restricted stock units granted on 2026-04-02

RSU grant price $0.00 per unit Equity compensation, no cash paid

Underlying common shares 1,847 shares One-for-one conversion into common stock

Common shares held after 63,169 shares Direct ownership following reported transactions

Key Terms

Restricted Stock Units, Elauwit Connection, Inc. 2025 Stock Incentive Plan, Rule 16b-3, vest on the first anniversary

4 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.

Elauwit Connection, Inc. 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.

vest on the first anniversary financial

"vest on the first anniversary of the date of grant"

Form 4 Insider Transactions: What Each Field Means →

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^*

Berk Frederick R.

(Last) (First) (Middle)

C/O ELAUWIT CONNECTION, INC.

1700 ALTA VISTA DRIVE, SUITE 130

(Street)

COLUMBIA SOUTH CAROLINA 29223

(City) (State) (Zip)

UNITED STATES

(Country)

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		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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								63,169	D

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
Restricted Stock Units	$0(1)	04/02/2026		A		1,847		(1)	(1)	Common Stock	1,847	$0	1,847	D

Explanation of Responses:

1. 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.

	/s/ Barry R. Rubens, Attorney-in-Fact for Frederick R. Berk	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Elauwit Connection (ELWT) director Berk Frederick R. report on this Form 4?

He reported receiving a grant of 1,847 restricted stock units tied to Elauwit Connection common stock. The award is equity-based compensation under the company’s 2025 Stock Incentive Plan and does not involve an open-market stock purchase or sale.

How many restricted stock units did the Elauwit Connection (ELWT) director receive?

He received 1,847 restricted stock units that convert into common stock on a one-for-one basis. The units were granted at a reported price of $0.00 per unit as part of his director compensation package.

When do the newly granted Elauwit Connection (ELWT) RSUs vest?

The restricted stock units generally vest on the first anniversary of the grant date, unless otherwise provided in the award notice. This one-year vesting period encourages longer-term alignment between the director’s interests and the company’s performance.

Under what plan were the Elauwit Connection (ELWT) RSUs granted?

The RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan. This plan provides equity-based awards such as restricted stock units to directors and other participants to support long-term incentive compensation objectives.

How many Elauwit Connection (ELWT) common shares does the director hold after this filing?

Following the reported transactions, he directly holds 63,169 shares of Elauwit Connection common stock. This figure reflects his direct ownership position as reported and does not include the unvested restricted stock units until they convert into shares.

Was the Elauwit Connection (ELWT) RSU grant exempt under any SEC rule?

Yes. The restricted stock units were granted in a transaction described as exempt under Rule 16b-3. That rule generally provides exemptions for certain insider transactions made under board-approved compensation plans, such as stock incentive programs.