Longeveron (LGVN) CFO logs 10,250-share RSU tax withholding in Form 4
Rhea-AI Filing Summary
Longeveron Inc. Chief Financial Officer Lisa Locklear reported an insider transaction involving Class A Common Stock. On 01/02/2026, 10,250 shares were withheld at $0.593 per share to satisfy tax obligations in connection with the vesting of a restricted stock unit (RSU) award, rather than an open-market sale. Following this tax withholding, she beneficially owned 228,831 shares, which include RSUs subject to future vesting.
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FAQ
What insider transaction did Longeveron (LGVN) disclose in this Form 4?
The filing shows Chief Financial Officer Lisa Locklear had 10,250 shares of Class A Common Stock withheld on 01/02/2026 in connection with RSU vesting.
Was the Longeveron CFO’s Form 4 transaction an open-market sale?
No. The footnote states the 10,250 shares were withheld to satisfy tax obligations related to a restricted stock unit (RSU) award.
What price per share was used for the Longeveron CFO’s tax withholding?
The shares were valued at $0.593 per share for the tax withholding transaction on the Class A Common Stock.
How many Longeveron shares does the CFO own after this Form 4 transaction?
After the reported transaction, the CFO beneficially owned 228,831 shares of Class A Common Stock, including RSUs subject to future vesting.
What does the Form 4 say about future vesting for the Longeveron CFO?
A footnote explains that the reported beneficial ownership includes RSUs subject to future vesting, indicating additional shares may vest over time.
What role does the insider in this Longeveron Form 4 hold?
The reporting person, Lisa Locklear, is identified as the company’s Chief Financial Officer and is not listed as a director or 10% owner.