Longeveron Inc.·4

Apr 3, 5:00 PM ET

Blass Devin 4

Research Summary

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Longeveron (LGVN) CTO Devin Blass Withholds 8,633 Shares

What Happened
Devin Blass, CTO and SVP of CMC at Longeveron Inc. (LGVN), had 8,633 shares withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $1.12 each for a total of $9,669. This was a tax-withholding disposition (not an open-market sale or purchase) and is generally considered a routine administrative action.

Key Details

  • Transaction date: 2026-04-01; Filing date: 2026-04-03 (Form 4 accession 0001214659-26-004336) — filing appears timely.
  • Price per share: $1.12; Shares withheld/disposed: 8,633; Total value: $9,669.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 — shares withheld to satisfy tax obligations on RSU vesting; F2 — filing notes some RSUs remain subject to future vesting.
  • Transaction code: F (payment of exercise price or tax liability) — indicates tax withholding, not a market sale.

Context
This was a cashless withholding to cover taxes when RSUs vested, a common administrative step that does not necessarily indicate the insider’s view on the company. For retail investors, purchases by insiders tend to be more informative; tax-withholding dispositions are routine and should be interpreted accordingly.