Longeveron CEO reports small tax share withholding
Longeveron Inc. Chief Executive Officer James Nathaniel Powell reported a routine tax-related transaction in the company’s Class A common stock.
Rhea-AI Filing Summary
Longeveron Inc. Chief Executive Officer James Nathaniel Powell reported a routine tax-related transaction in the company’s Class A common stock. On 01/02/2026, 2,464 shares were withheld at a price of $0.593 per share to satisfy tax obligations arising from the vesting of a restricted stock unit (RSU) award.
After this withholding, Powell beneficially owned 125,593 shares of Longeveron Class A common stock on a direct basis, which includes RSUs that remain subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 2,464 | $0.593 | $1K |
Footnotes (2)
- F1. Shares withheld to satisfy tax obligations in connection with the vesting of a restricted stock unit (RSU) award.
- F2. Includes RSUs subject to future vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LGVN CEO James Nathaniel Powell report?
James Nathaniel Powell, Chief Executive Officer of Longeveron Inc. (LGVN), reported a tax-related transaction in Class A common stock on 01/02/2026. The event involved shares withheld in connection with the vesting of a restricted stock unit (RSU) award.
Was the LGVN CEO’s transaction a sale on the open market?
No. The Form 4 indicates a transaction code "F", which reflects shares withheld to satisfy tax obligations in connection with the vesting of an RSU award, rather than an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.