Shannon Roger D 4

What Happened

• Shannon Roger D, a director of Elauwit Connection, Inc. (ELWT), was granted 5,435 restricted stock units (RSUs) on 2026-06-18. The award was reported as a derivative grant at $0.00 per share (total reported value $0). The RSUs convert one-for-one into common stock when they vest and were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan.

Key Details

• Transaction date: 2026-06-18; filing date: 2026-06-22 (period of report 2026-06-18).
• Amount: 5,435 RSUs; reported acquisition price: $0.00 (derivative grant).
• Vesting/footnotes: The RSUs convert 1-for-1 to common stock. Footnotes state some awards vest on the first anniversary of the grant under the 2025 Stock Incentive Plan (exempt under Rule 16b-3) and other RSUs vest on April 2, 2027, per the award notice.
• Shares owned following the transaction: not specified in the filing.
• Filing timeliness: filed within the standard Form 4 timeframe (appears timely).

Context

• This was a compensatory equity grant (an award), not an open-market purchase or sale. Such grants are common as part of director compensation and do not by themselves indicate immediate buying or selling sentiment.
• Because these RSUs are derivative awards that vest in the future, they will only increase reported common-stock holdings when they convert on the stated vesting dates.