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Longeveron (LGVN) CSO Hare granted 600k RSUs and 400k options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Longeveron Inc. reported that Chief Scientific Officer and significant shareholder Joshua Hare received equity awards rather than making open-market purchases. He was granted 600,000 Class B common stock shares through time-based vesting RSUs. Following this award, he directly holds 1,321,796 Class B shares, including RSUs subject to future vesting.

He also received stock options on 400,000 Class B shares at an exercise price of $0.65 per share, vesting quarterly over a three-year period beginning on October 1, 2026 and expiring on July 6, 2036. Class B common stock is not registered under the Securities Exchange Act of 1934, has five votes per share, and is convertible into common stock on a one-for-one basis at the holder’s option.

Positive

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Insights

Hare received sizable stock-based compensation grants, not open-market purchases, increasing his Class B exposure and future option rights.

The filing shows grant/award acquisitions of 600,000 Class B RSUs and 400,000 stock options at $0.65 per share. These are compensation-related awards, not discretionary buying or selling in the market, so they carry weaker trading signal than open-market purchases or sales.

After the RSU grant, Hare directly holds 1,321,796 Class B shares. The options on 400,000 Class B shares vest quarterly over a three-year period beginning on October 1, 2026 and expire on July 6, 2036. Class B shares carry five votes per share and are convertible into common stock one-for-one, so these awards primarily increase his long-term voting and economic exposure.

Insider Hare Joshua
Role Chief Scientific Officer
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) 400,000 $0.00 --
Grant/Award Class B Common Stock 600,000 $0.00 --
Holdings After Transaction: Stock Option (right to buy) — 400,000 shares (Direct, null); Class B Common Stock — 1,321,796 shares (Direct, null)
Footnotes (1)
  1. Represents the award of time-based vesting Restricted Stock Units (RSUs). Includes RSUs subject to future vesting, including 600,000 shares of Class B common stock underlying RSUs. Class B common stock is not registered, as further discussed in Footnote 3 below. Amount includes 462,807 shares of Class B common stock, which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B common stock have identical rights to holders of common stock, except that holders of Class B common stock are entitled to 5 votes for each share held of record. Each share of Class B common stock is convertible at any time, at the option of the holder, into one share of common stock. The option vests quarterly over a three period beginning on October 1, 2026.
RSU grant 600,000 Class B shares Time-based vesting RSUs awarded on July 6, 2026
Class B holdings 1,321,796 shares Direct Class B common stock after RSU award
Stock options granted 400,000 options Options on Class B common stock granted July 6, 2026
Option exercise price $0.65 per share Exercise price for 400,000 Class B options
Option expiration July 6, 2036 Expiration date of stock options on Class B
Option vesting start October 1, 2026 Options vest quarterly over three years beginning this date
Class B voting power 5 votes per share Voting rights for each Class B common share
Conversion ratio 1:1 into common stock Each Class B share convertible into one common share
Restricted Stock Units (RSUs) financial
"Represents the award of time-based vesting Restricted Stock Units (RSUs)."
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.
Class B common stock financial
"Includes RSUs subject to future vesting, including 600,000 shares of Class B common stock underlying RSUs."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Securities Exchange Act of 1934 regulatory
"which is not registered under the Securities Exchange Act of 1934, as amended."
Stock Option (right to buy) financial
"Stock Option (right to buy) with underlying security title Class B Common Stock."
vesting financial
"The option vests quarterly over a three period beginning on October 1, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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FAQ

What equity awards did Joshua Hare receive in Longeveron (LGVN) Form 4?

Joshua Hare received compensation-related equity awards, not market purchases. He was granted 600,000 shares of Class B common stock through time-based RSUs and stock options on 400,000 Class B shares with a $0.65 exercise price, expanding his potential future ownership stake.

How many Longeveron (LGVN) Class B shares does Joshua Hare hold after this filing?

After the award, Joshua Hare directly holds 1,321,796 shares of Class B common stock. This figure includes RSUs that are still subject to future vesting, so not all shares are currently unrestricted but they represent his total direct Class B position reported.

What are the key terms of Joshua Hare’s Longeveron stock options?

Hare received stock options on 400,000 shares of Class B common stock with an exercise price of $0.65 per share. The options vest quarterly over a three-year period beginning on October 1, 2026 and expire on July 6, 2036, providing long-dated upside exposure.

What is special about Longeveron’s Class B common stock reported in this Form 4?

Longeveron’s Class B common stock is not registered under the Securities Exchange Act of 1934. It has identical economic rights to common stock but carries five votes per share and is convertible at any time, at the holder’s option, into one share of common stock.

Were Joshua Hare’s Longeveron (LGVN) Form 4 transactions open-market buys or compensation grants?

The transactions were compensation grants, not open-market buys. The Form 4 codes them as grant or award acquisitions, consisting of time-based vesting RSUs for 600,000 Class B shares and stock options on 400,000 Class B shares, awarded at a $0.65 exercise price.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hare Joshua

(Last)(First)(Middle)
1951 NW 7TH AVENUE
SUITE 520

(Street)
MIAMI FLORIDA 33136

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Longeveron Inc. [ LGVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Scientific Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class B Common Stock07/06/2026A600,000(1)A$01,321,796(2)(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$0.6507/06/2026A400,000 (4)07/06/2036Class B Common Stock400,000$0400,000D
Explanation of Responses:
1. Represents the award of time-based vesting Restricted Stock Units (RSUs).
2. Includes RSUs subject to future vesting, including 600,000 shares of Class B common stock underlying RSUs. Class B common stock is not registered, as further discussed in Footnote 3 below.
3. Amount includes 462,807 shares of Class B common stock, which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B common stock have identical rights to holders of common stock, except that holders of Class B common stock are entitled to 5 votes for each share held of record. Each share of Class B common stock is convertible at any time, at the option of the holder, into one share of common stock.
4. The option vests quarterly over a three period beginning on October 1, 2026.
Remarks:
/s/ Paul T. Lehr, attorney-in-fact07/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)