4Filed Aug 20, 8:00 PM ET

Longeveron (LGVN) 10% Owner Joshua Hare Receives RSU Award

$LGVN · Longeveron Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Longeveron (LGVN) 10% Owner Joshua Hare Receives RSU Award

What Happened

  • Joshua Hare, reported as a 10% owner of Longeveron, received an award of 286,000 restricted stock units (RSUs) on 2026-08-19. The RSUs were granted at $0.00 per share (an award/compensation grant), not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-08-19; Grant type: Award (code A); Price: $0.00; Amount: 286,000 RSUs.
  • Filing date / timeliness: Form 4 filed 2026-08-21 (filed within typical 2‑business‑day reporting window).
  • Shares owned after transaction: Not specified in the provided filing data.
  • Notable footnotes:
    • F1: These are time‑based vesting RSUs.
    • F2: Includes RSUs subject to future vesting and underlying Class B common stock.
    • F3: Footnote indicates the reporting person has 462,808 shares of Class B common stock (not registered under the Exchange Act); Class B shares carry 5 votes each and are convertible 1-for-1 into common stock.

Context

  • RSU awards are compensation grants that vest over time and do not require immediate cash outlay; they are not the same as an open‑market purchase (which some investors view as a stronger bullish signal).
  • As a 10% owner, Hare is a significant shareholder; this transaction appears to be a compensation-related award rather than discretionary trading.