Blass Devin 4

What Happened

• Devin Blass, CTO and SVP of CMC at Longeveron Inc. (LGVN), had 15,808 shares withheld on July 1, 2026 to satisfy tax obligations related to the vesting of restricted stock units (RSUs). The withholding was executed at $0.73 per share, resulting in a disposition value of about $11,526.
• This transaction is a tax-withholding event (routine administrative action), not an open-market sale or purchase, and generally does not signal a change in insider sentiment.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-06 (appears more than two business days after the transaction).
• Price per share: $0.73; Shares withheld/disposed: 15,808; Reported value: $11,526.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — shares withheld to satisfy tax obligations on RSU vesting; F2 — filing includes RSUs that are subject to future vesting.
• Transaction code: F (tax withholding).

Context

• This was a tax-withholding event tied to RSU vesting (a common administrative action). It is not a purchase (which can be viewed as a bullish signal) nor an intentional sale into the market. Retail investors should treat such withholdings as routine and not necessarily indicative of the insider’s view of the company’s prospects.