Longeveron (LGVN) CTO Devin Blass receives 250,000 RSU share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Longeveron Inc. reported that CTO & SVP of CMC Devin Blass acquired 250,000 shares of Class A Common Stock on a grant/award basis. The shares were awarded as time-based vesting Restricted Stock Units, and total direct holdings increased to 441,543 shares, including RSUs subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blass Devin
Role
CTO & SVP of CMC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 250,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 441,543 shares (Direct, null)
Footnotes (1)
- Represents the award of time-based vesting Restricted Stock Units (RSUs). Includes RSUs subject to future vesting.
Key Figures
RSU grant size: 250,000 shares
Grant price: $0.0000 per share
Shares held after grant: 441,543 shares
3 metrics
RSU grant size
250,000 shares
Time-based vesting RSUs awarded on May 1, 2026
Grant price
$0.0000 per share
Compensation award, not open-market purchase
Shares held after grant
441,543 shares
Total direct Class A Common Stock holdings following transaction
Key Terms
Restricted Stock Units (RSUs), time-based vesting, Class A Common Stock
3 terms
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.
time-based vesting financial
"Represents the award of time-based vesting Restricted Stock Units (RSUs)."
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
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 Devin Blass?
Longeveron reported that CTO & SVP of CMC Devin Blass received a grant of 250,000 shares of Class A Common Stock. The award was in the form of time-based vesting Restricted Stock Units, increasing his total direct holdings to 441,543 shares after the transaction.
Was the Devin Blass Longeveron (LGVN) transaction a market purchase or sale?
The transaction was not a market trade. Devin Blass acquired 250,000 shares through a grant or award, coded as an “A” transaction, representing time-based vesting RSUs. No open-market purchase or sale price was involved, and the shares were granted at a price of $0.0000 per share.
What is the significance of the $0.0000 price on the Longeveron (LGVN) Form 4 grant?
The $0.0000 per share entry indicates the shares were awarded as compensation rather than bought in the open market. For Restricted Stock Units, the executive does not pay a purchase price; instead, shares are delivered as they vest according to the company’s equity award terms.