Longeveron Executive Gets $187K Stock Grant as Compensation Package
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Lehr Paul T
Role
General Counsel, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 163,043 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 64,158 | $1.15 | $74K |
Holdings After Transaction:
Class A Common Stock — 319,793 shares (Direct)
Footnotes (1)
- Represents an award of restricted stock units (RSUs), which fully and completely vested on the grant date of June 23, 2025. Shares withheld to satisfy the tax obligations in connection with the vesting of an RSU award. Includes RSUs subject to future vesting.
FAQ
What position does Paul Lehr hold at LGVN according to the Form 4?
Paul Lehr serves as General Counsel and Secretary of Longeveron Inc. (LGVN).
What type of insider transaction did LGVN's General Counsel report in June 2025?
The General Counsel reported receiving an RSU award of 163,043 shares that vested immediately, with 64,158 shares being withheld for tax obligations, resulting in a net acquisition of LGVN shares.