Longeveron CEO shares withheld for RSU taxes
Longeveron Inc. Chief Executive Officer Willard Stephen H reported a routine tax-related share transaction.
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Rhea-AI Filing Summary
Longeveron Inc. Chief Executive Officer Willard Stephen H reported a routine tax-related share transaction. On the vesting of a restricted stock unit (RSU) award, 4,740 shares of Class A Common Stock were withheld at $1.12 per share to satisfy tax obligations, rather than being sold in the open market.
Following this tax-withholding disposition, he directly holds 289,727 shares of Class A Common Stock, which includes RSUs subject to future vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,740 | $1.12 | $5K |
Footnotes (2)
- F1. Shares withheld to satisfy tax obligations in connection with the vesting of a restricted stock unit (RSU) award.
- F2. Includes RSUs subject to future vesting.
Key Figures
Key Terms
restricted stock unit (RSU) financial
tax obligations financial
withheld financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Longeveron (LGVN) CEO Willard Stephen H report in this Form 4?
Was the Longeveron (LGVN) CEO’s Form 4 transaction an open-market sale?
What role do restricted stock units (RSUs) play in this Longeveron (LGVN) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.