Longeveron (LGVN) counsel reports RSU tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Longeveron Inc. General Counsel and Secretary Paul T. Lehr reported a routine tax-related share disposition. On July 1, 2026, 13,143 shares of Class A Common Stock were withheld at an effective price of $0.7291 per share to satisfy tax obligations from the vesting of a restricted stock unit (RSU) award. This was an automatic tax-withholding event, not an open-market sale.
After this transaction, Lehr directly held 575,423 shares of Longeveron Class A Common Stock, which the filing notes includes RSUs that are still subject to future vesting. The filing shows no option exercises or open-market purchases or sales by Lehr in this report.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lehr Paul T
Role
General Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 13,143 | $0.7291 | $10K |
Holdings After Transaction:
Class A Common Stock — 575,423 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: 13,143 shares
Withholding price: $0.7291 per share
Shares held after transaction: 575,423 shares
3 metrics
Tax-withheld shares
13,143 shares
Withheld on July 1, 2026 for RSU tax obligations
Withholding price
$0.7291 per share
Value used for RSU-related tax withholding
Shares held after transaction
575,423 shares
Direct Class A Common Stock holdings after July 1, 2026
Key Terms
restricted stock unit (RSU) award, tax obligations, Includes RSUs subject to future vesting, Class A Common Stock
4 terms
restricted stock unit (RSU) award financial
"Shares withheld to satisfy tax obligations in connection with the vesting of a restricted stock unit (RSU) award."
tax obligations financial
"Shares withheld to satisfy tax obligations in connection with the vesting of a restricted stock unit (RSU) award."
Includes RSUs subject to future vesting financial
"Includes RSUs subject to future vesting."
Class A Common Stock financial
"security_title: Class A Common Stock"
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.
FAQ
What insider transaction did Longeveron (LGVN) report for Paul T. Lehr?
Longeveron reported that Paul T. Lehr had 13,143 Class A shares withheld to cover tax obligations from an RSU vesting. This was a tax-withholding disposition, not an open-market trade, and reflects routine handling of equity compensation.
What does the tax-withholding code F mean in the Longeveron (LGVN) Form 4?
Code F on the Form 4 indicates shares were disposed of to pay exercise price or taxes. In this case, 13,143 shares were withheld to cover tax liabilities arising from the vesting of a restricted stock unit award, not from a market transaction.
Did Longeveron (LGVN) report any option exercises or RSU grants in this Form 4?
The Form 4 does not report any option exercises or new RSU grants. It only records a tax-withholding disposition linked to an already scheduled RSU vesting, with no derivative transactions listed in the derivative transaction summary.