Longeveron (LGVN) counsel reports RSU tax withholding in Form 4 filing
Rhea-AI Filing Summary
Longeveron Inc. officer reports routine tax withholding transaction. General Counsel and Secretary Paul T. Lehr filed a Form 4 for a transaction on 01/02/2026 involving Class A Common Stock of Longeveron Inc. (LGVN).
The filing shows that 6,952 shares were withheld at a price of $0.593 per share to satisfy tax obligations tied to the vesting of a restricted stock unit (RSU) award. Following this tax withholding, Lehr beneficially owned 344,177 shares, which include RSUs that are subject to future vesting. This reflects an administrative equity compensation event rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Longeveron (LGVN) report for Paul T. Lehr?
The Form 4 reports that Paul T. Lehr, General Counsel and Secretary of Longeveron Inc., had 6,952 shares of Class A Common Stock withheld on 01/02/2026 in connection with an RSU vesting.
What was the price for the shares withheld in the Longeveron (LGVN) Form 4?
The 6,952 shares of Class A Common Stock were withheld at a price of $0.593 per share to satisfy tax obligations related to an RSU award.
How many Longeveron (LGVN) shares does Paul T. Lehr own after this transaction?
After the reported transaction, Paul T. Lehr beneficially owned 344,177 shares of Longeveron Inc. Class A Common Stock, including RSUs subject to future vesting.
Was the Longeveron (LGVN) Form 4 transaction an open-market sale?
No. The footnote explains that the 6,952 shares were withheld to satisfy tax obligations related to the vesting of a restricted stock unit (RSU) award, rather than sold in the open market.
What role does the reporting person in this Longeveron (LGVN) Form 4 hold?
The reporting person, Paul T. Lehr, serves as General Counsel and Secretary of Longeveron Inc.
What do the footnotes in the Longeveron (LGVN) Form 4 explain?
One footnote states the shares were withheld to satisfy tax obligations from RSU vesting, and another notes that the reported holdings include RSUs subject to future vesting.