Longeveron (LGVN) General Counsel receives 250,000-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lehr Paul T reported acquisition or exercise transactions in this Form 4 filing.
Longeveron Inc. reported that General Counsel and Secretary Paul T. Lehr received an equity grant of 250,000 shares of Class A common stock as a time-based vesting Restricted Stock Unit (RSU) award. The filing notes that Lehr’s holdings, including RSUs subject to future vesting, total 588,566 shares after this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lehr Paul T
Role
General Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 250,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 588,566 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 shares granted: 250,000 shares
Grant price: $0.0000 per share
Shares held after grant: 588,566 shares
3 metrics
RSU shares granted
250,000 shares
Time-based vesting RSU award of Class A Common Stock
Grant price
$0.0000 per share
Reported price for RSU award transaction
Shares held after grant
588,566 shares
Total Class A holdings after award, including RSUs subject to future vesting
Key Terms
Restricted Stock Units (RSUs), time-based vesting, RSUs subject to future vesting
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.
RSUs subject to future vesting financial
"Includes RSUs subject to future vesting."
FAQ
What did Longeveron (LGVN) disclose about Paul T. Lehr in this Form 4?
Longeveron disclosed that General Counsel and Secretary Paul T. Lehr received an equity grant of 250,000 shares of Class A common stock. The grant is structured as time-based vesting RSUs, increasing his total reported holdings to 588,566 shares following the award.
What is Paul T. Lehr’s total Longeveron (LGVN) holding after the RSU award?
After the grant, Paul T. Lehr is reported to hold 588,566 shares of Longeveron Class A common stock. This total includes Restricted Stock Units that are subject to future vesting, as specifically noted in the Form 4 footnotes.
At what price were the Longeveron (LGVN) RSUs granted to Paul T. Lehr?
The 250,000-share RSU award to Paul T. Lehr was recorded at a price of $0.0000 per share. This reflects that the award is a compensation grant of Restricted Stock Units rather than a purchase in the open market.
What do the Form 4 footnotes say about the Longeveron (LGVN) RSU grant?
The footnotes explain that the transaction represents an award of time-based vesting Restricted Stock Units (RSUs). They also clarify that Lehr’s reported post-transaction holdings include RSUs that remain subject to future vesting conditions.