Longeveron (LGVN) CFO Form 4: 11,883 shares withheld for taxes
Longeveron (LGVN) filed a Form 4 for its CFO reporting an administrative share transaction tied to equity compensation.
Rhea-AI Filing Summary
Longeveron (LGVN) filed a Form 4 for its CFO reporting an administrative share transaction tied to equity compensation. On 10/01/2025, 11,883 shares of Class A common stock were withheld at a price of $0.7424 to satisfy tax obligations upon the vesting of a restricted stock unit (RSU) award, coded “F.”
Following this transaction, the reporting person beneficially owned 239,081 shares, which includes RSUs subject to future vesting. The filing indicates direct ownership.
Positive
- None.
Negative
- None.
Insights
Routine RSU tax withholding; neutral impact.
The transaction is coded “F,” indicating shares were withheld to cover taxes upon RSU vesting, not sold in the open market. This is a standard mechanism in stock-based compensation and does not reflect discretionary buying or selling.
Post-transaction beneficial ownership is 239,081 shares, including unvested RSUs subject to future vesting. The action does not change cash flows for the company and typically has minimal market impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 11,883 | $0.7424 | $9K |
Footnotes (2)
- F1. Shares withheld to satisfy the tax obligations in connection with the vesting of a restricted stock unit (RSU) award.
- F2. Includes RSUs subject to future vesting.
FAQ
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What did Longeveron (LGVN) disclose in this Form 4?
Was this an open-market sale by LGVN’s CFO?
What is the security involved in this Form 4 for LGVN?
What is the relationship of the reporting person to LGVN?
AI-generated analysis. How Rhea-AI works. Not financial advice.