BASOLIS ELBERT G JR 4

What Happened
Director BASOLIS ELBERT G JR (Elbert Basolis Jr.) was granted 7,247 restricted stock units (RSUs) on 2026-06-18. The award is reported as a derivative grant (code A) at $0.00 per share (no cash exchanged). The filing notes the RSUs convert one-for-one into common stock and were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3.

Key Details

• Transaction date: 2026-06-18; Filing date: 2026-06-22 (appears timely under Form 4 rules).
• Grant: 7,247 RSUs, reported at $0.00 (no cash paid).
• Post-transaction holdings: Not disclosed in the summarized data (filing did not state total shares owned after the grant).
• Footnotes: F1—RSUs convert 1-for-1, granted under 2025 Plan, and generally vest on the first anniversary of the grant unless award notice provides otherwise; F1 also notes exemption under Rule 16b-3. F2—some RSUs vest on April 2, 2027 (per the award notice).
• Transaction type: Award/grant (A); these are derivative RSUs, not an open-market purchase or sale.

Context
RSU grants are typically compensation for service (common for directors) and do not represent immediate stock ownership until they vest and convert to common shares. Because no shares were sold or purchased on the open market, this filing does not by itself signal buying or selling sentiment; it documents a compensation award that may dilute shares when vested and issued.