Longeveron General Counsel Receives 163K Shares, Sells 64K for Taxes
Longeveron General Counsel and Secretary Paul T. Lehr reported significant insider transactions on June 23, 2025.
Rhea-AI Filing Summary
Longeveron General Counsel and Secretary Paul T. Lehr reported significant insider transactions on June 23, 2025. The transactions involved:
- Acquisition of 163,043 restricted stock units (RSUs) that fully vested on the grant date
- Disposition of 64,158 shares at $1.15 per share through share withholding for tax obligations
- Following these transactions, Lehr holds 255,635 shares directly, including RSUs subject to future vesting
The Form 4 filing demonstrates substantial equity-based compensation for a key executive officer, with immediate vesting of the new RSU grant. The share withholding for tax purposes is a common practice for executive equity compensation arrangements. This insider activity provides insights into Longeveron's executive compensation structure and retention strategies.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 163,043 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 64,158 | $1.15 | $74K |
Footnotes (3)
- F1. Represents an award of restricted stock units (RSUs), which fully and completely vested on the grant date of June 23, 2025.
- F2. Shares withheld to satisfy the tax obligations in connection with the vesting of an RSU award.
- F3. Includes RSUs subject to future vesting.
FAQ
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What position does Paul Lehr hold at LGVN according to the Form 4?
What type of insider transaction did LGVN's General Counsel report in June 2025?
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