Hare Joshua 4

What Happened
Joshua Hare, a 10% owner of Longeveron, was granted a total of 1,000,000 restricted stock units (RSUs) on July 6, 2026. The filing shows 600,000 RSUs acquired (time‑based) and an additional 400,000 RSUs reported as derivative awards; the reported acquisition price/value is $0 (these are awards, not open‑market purchases or sales).

Key Details

• Transaction date(s): 2026-07-06; Form filed: 2026-07-08.
• Grants: 600,000 RSUs (time‑based) + 400,000 RSUs (derivative) = 1,000,000 total; reported value $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Awards are time‑based vesting RSUs.
  • F2: Includes RSUs subject to future vesting, including 600,000 shares of Class B common stock underlying RSUs.
  • F3: 462,807 shares of Class B common stock are not registered under the Exchange Act; Class B shares carry 5 votes per share and are convertible 1:1 into common stock.
  • F4: (For related equity) an option vests quarterly over a three period beginning Oct 1, 2026.
• Timing: Filing was submitted two days after the report period date; no late filing flag indicated.

Context
This transaction is a compensation grant (award) to a significant shareholder, not a market purchase or sale. RSUs typically vest over time and convert into shares only upon vesting; derivative RSUs listed are subject to future vesting conditions. The presence of Class B shares means some underlying shares carry enhanced voting power but are convertible into common stock at the holder’s option. As a 10% owner (not necessarily an active executive trade), this award reflects equity compensation rather than an immediate bullish or bearish market action.