Longeveron (NASDAQ: LGVN) CFO discloses 101,030 Class A shares in Form 3
Rhea-AI Filing Summary
Longeveron Inc. reports the initial beneficial ownership position of its Chief Financial Officer, Marie Washburn. She directly holds 101,030 shares of Class A Common Stock, including restricted stock units that are subject to time-based vesting, net of shares already withheld to cover related tax obligations. No new transactions are reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Washburn Marie
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 101,030 shares (Direct)
Footnotes (1)
- F1. Includes restricted stock units (RSUs) subject to time-based vesting, net of shares previously withheld to satisfy tax obligations in connection with such vesting.
Key Figures
Class A shares beneficially owned: 101,030 shares
Non-derivative holding entries: 1
2 metrics
Class A shares beneficially owned
101,030 shares
Direct holdings reported by CFO Marie Washburn following the reported position
Non-derivative holding entries
1
Number of Class A Common Stock positions reported in this Form 3
Key Terms
restricted stock units (RSUs), time-based vesting, tax obligations
3 terms
restricted stock units (RSUs) financial
"Includes restricted stock units (RSUs) subject to time-based vesting"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
time-based vesting financial
"RSUs subject to time-based vesting, net of shares previously withheld"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
tax obligations financial
"shares previously withheld to satisfy tax obligations in connection with such vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Longeveron Inc. (LGVN) Form 3 filing for Marie Washburn show?
The Form 3 filing shows that CFO Marie Washburn beneficially owns 101,030 shares of Longeveron Class A Common Stock, including time-vested RSUs net of shares previously withheld to satisfy related tax obligations. It is an initial ownership report, not a record of new trades.
What type of security is reported in Longeveron (LGVN) CFO Marie Washburn’s Form 3?
The Form 3 reports holdings of Class A Common Stock of Longeveron Inc. The reported total of 101,030 shares includes both common shares and restricted stock units (RSUs) that are subject to time-based vesting conditions and related tax withholding.
How are restricted stock units (RSUs) treated in the Longeveron (LGVN) Form 3 for Marie Washburn?
The filing states that Marie Washburn’s reported 101,030 shares include restricted stock units (RSUs) subject to time-based vesting. The figure is net of shares previously withheld to satisfy tax obligations incurred when earlier RSUs vested.
Does the Longeveron Inc. (LGVN) Form 3 for Marie Washburn disclose any recent stock transactions?
The Form 3 does not disclose any buy or sell transactions. It functions as an initial statement of beneficial ownership, listing 101,030 Class A shares (including RSUs) held directly by the CFO, rather than recording new trades in Longeveron stock.