Longeveron (LGVN) Director Cann Leah Rush Receives RSU Award
$LGVN · Longeveron Inc.Research Summary
AI-generated summary of this SEC filing
Longeveron (LGVN) Director Cann Leah Rush Receives RSU Award
What Happened
Cann Leah Rush, a director of Longeveron Inc. (LGVN), was granted 36,000 restricted stock units (RSUs) on August 19, 2026. The Form 4 reports an acquisition price of $0.00 per share (typical for RSU awards); no cash was paid. These RSUs are time‑based and subject to future vesting per the filing footnotes.
Key Details
- Transaction date: August 19, 2026 (Form 4 filed August 21, 2026).
- Transaction type: Award/Grant (RSUs).
- Shares granted: 36,000 RSUs.
- Reported price/acquisition amount: $0.00 (acquisition amount reported as $0).
- Footnotes: F1 — award of time‑based vesting RSUs; F2 — includes RSUs subject to future vesting.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Filed within standard reporting window (no late filing indicated).
Context
RSU grants are a form of compensation that typically vest over time and convert to shares only as vesting conditions are met; they are not the same as an open‑market purchase and do not indicate an immediate buy signal. For retail investors, cash purchases by insiders often carry clearer sentiment signals than compensation grants, which are common for executives and directors.