Di Bartolo James P. II 4

What Happened

• James P. Di Bartolo II, Chief Financial Officer of Elauwit Connection, Inc. (ELWT), received a grant of 7,693 restricted stock units (RSUs) on April 2, 2026. The RSUs were reported at $0.00 per share in the Form 4 (derivative award) and were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan.
• The award is exempt under Rule 16b-3 and, per the filing footnote, converts into one share of common stock for each RSU and (unless otherwise stated in the award notice) vests on the first anniversary of the grant.

Key Details

• Transaction date: 2026-04-02; Form 4 filed: 2026-04-30 (filed 28 days after the transaction).
• Transaction type/code: A — Award/Grant of derivative securities (RSUs).
• Shares/units granted: 7,693 RSUs; reported price: $0.00 (standard for awards).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs convert one-for-one to common stock, vest on the first anniversary, granted under the 2025 Stock Incentive Plan and exempt under Rule 16b-3.

Context

• This was a compensation award (not an open-market purchase or sale). RSU grants are common executive compensation and typically vest over time; they do not represent an immediate cash purchase or sale.
• The filing appears late relative to the April 2 transaction (filed April 30); late filings can limit timely transparency for investors but do not change the economic nature of the award.
• For retail investors: purchases often signal direct insider buying interest, while awards are part of compensation and should be interpreted with that context in mind.