Longeveron (LGVN) CMO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Longeveron Inc. Chief Medical Officer Nataliya Agafonova reported a routine tax-related share disposition. On the vesting of a restricted stock unit award, 13,145 shares of Class A common stock were withheld at $1.12 per share to satisfy tax obligations, rather than sold in the open market.
After this withholding, she directly holds 203,419 shares of Class A common stock, which includes RSUs that are still subject to future vesting. The filing reflects compensation-related share vesting mechanics, not an active decision to buy or sell shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Agafonova Nataliya
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 13,145 | $1.12 | $15K |
Holdings After Transaction:
Class A Common Stock — 203,419 shares (Direct)
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
Shares withheld for taxes: 13,145 shares
Withholding price per share: $1.12 per share
Shares held after transaction: 203,419 shares
3 metrics
Shares withheld for taxes
13,145 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding price per share
$1.12 per share
Value used for tax-withholding disposition
Shares held after transaction
203,419 shares
Direct Class A common stock holdings after withholding, including RSUs subject to vesting
Key Terms
restricted stock unit (RSU), tax-withholding disposition, Class A Common Stock
3 terms
restricted stock unit (RSU) financial
"vesting of a restricted stock unit (RSU) award"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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 Nataliya Agafonova?
Longeveron reported that Chief Medical Officer Nataliya Agafonova had 13,145 Class A common shares withheld. The shares were withheld to cover tax obligations triggered by the vesting of a restricted stock unit award, not through an open-market sale.
What role did restricted stock units play in this Longeveron (LGVN) Form 4 filing?
The Form 4 states that the shares were withheld due to vesting of a restricted stock unit award. It also notes that the reported post-transaction holdings include RSUs that are still subject to future vesting as part of ongoing compensation.