Shannon Roger D 4
4 · Elauwit Connection, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Elauwit Connection (ELWT) Director Shannon Roger D Receives RSU Award
What Happened
Shannon Roger D, a director of Elauwit Connection, Inc. (ELWT), received an award of 1,693 restricted stock units (RSUs) on April 2, 2026. The grant was reported as an award/derivative transaction (code A) with a grant price of $0.00, so no cash changed hands at grant; reported total value at grant is $0.
Key Details
- Transaction date: 2026-04-02; Form 4 filed: 2026-04-06.
- Transaction type: Award/Grant of RSUs (derivative). Reported price per unit: $0.00; total reported value: $0.
- Shares acquired: 1,693 RSUs (convertible one-for-one to common stock).
- Shares owned after transaction: Not specified in this filing.
- Footnote: RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan, granted in a Rule 16b-3–exempt transaction, and—unless the award notice provides otherwise—vest on the first anniversary of the grant date.
Context
RSUs are a form of equity compensation that convert into common shares (here, one RSU = one share) when they vest; they are not an immediate purchase or sale of stock. Because these units vest in the future, this grant represents compensation rather than an immediate market-direction signal. Compensation grants are common for directors and executives and are typically disclosed for transparency.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-04-02+1,693→ 1,693 totalExercise: $0.00→ Common Stock (1,693 underlying)
Footnotes (1)
- [F1]These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the first anniversary of the date of grant.