O'Brien David J. 4

What Happened

• David J. O'Brien, a director of Elauwit Connection, Inc. (ELWT), was granted 1,693 restricted stock units (RSUs) on April 2, 2026. The award shows an acquisition price of $0.00 (no cash paid) and is listed as a derivative award. The RSUs convert to common stock on a one-for-one basis when they vest.

Key Details

• Transaction date: 2026-04-02; Filing date: 2026-04-06 (appears filed 4 days after the transaction; Form 4s are typically due within 2 business days).
• Grant: 1,693 RSUs @ $0.00 (derivative award); immediate value depends on ELWT market price at vesting.
• Vesting: Per filing footnote, these RSUs vest on the first anniversary of the grant (one-year vest).
• Plan and exemption: Granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan and reported as a transaction exempt under Rule 16b-3.
• Officer/affiliations: Footnotes note O'Brien is managing director of Cara Capital, LLC and Cara Capital VC 1, LLC.
• Shares owned after transaction: Not specified in the provided filing.

Context

• This was an equity award (not an open-market buy or sale). RSU grants are common for compensation/retention and do not represent an immediate cash purchase or sale; value to the insider and impact for investors depend on ELWT’s stock price at vesting. The filing’s timing (filed four days after the transaction) may be later than the typical 2-business-day Form 4 deadline.