Longeveron (LGVN) CEO has 18,046 shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Longeveron Inc. Chief Executive Officer Willard Stephen H reported a tax-related share disposition. On July 1, 2026, 18,046 shares of Class A Common Stock were withheld at an average price of $0.7291 per share to cover tax obligations tied to a restricted stock unit vesting.
This was not an open-market sale but a payment of tax liability by delivering shares. After the withholding, the CEO directly holds 771,681 shares of Longeveron Inc., and the position also includes restricted stock units that remain subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Willard Stephen H
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 18,046 | $0.7291 | $13K |
Holdings After Transaction:
Class A Common Stock — 771,681 shares (Direct, null)
Footnotes (1)
- Shares withheld to satisfy tax obligations in connection with the vesting of a restricted stock unit (RSU) award. Includes RSUs subject to future vesting.
Key Figures
Tax-withheld shares: 18,046 shares
Withholding price: $0.7291 per share
Post-transaction holdings: 771,681 shares
+1 more
4 metrics
Tax-withheld shares
18,046 shares
Shares withheld on July 1, 2026 for tax obligations on RSU vesting
Withholding price
$0.7291 per share
Value used for Class A Common Stock tax-withholding disposition
Post-transaction holdings
771,681 shares
Class A Common Stock held directly by CEO after transaction
Tax-withholding transactions
1 transaction, 18,046 shares
Summary count of tax-withholding dispositions in this Form 4
Key Terms
restricted stock unit (RSU), tax-withholding disposition, Class A Common Stock, includes RSUs subject to future vesting
4 terms
restricted stock unit (RSU) financial
"tax obligations in connection with the vesting of a restricted stock unit (RSU) award"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to equity compensation"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title: Class A Common Stock reported in the transaction"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
includes RSUs subject to future vesting financial
"Includes RSUs subject to future vesting."
FAQ
What insider transaction did Longeveron (LGVN) disclose in this Form 4?
Longeveron reported that its CEO had 18,046 Class A Common Stock shares withheld to pay taxes on a restricted stock unit vesting. This was a tax-withholding disposition, not an open-market sale, and reflects routine equity compensation mechanics.
Was the Longeveron (LGVN) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 describes a tax-withholding disposition, where 18,046 shares were withheld by the company to satisfy tax obligations tied to a restricted stock unit vesting event.