Shannon Roger D 4

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.