4Filed Aug 20, 8:00 PM ET
Longeveron (LGVN) Director Deborah Ascheim Receives RSU Award
$LGVN · Longeveron Inc.Research Summary
AI-generated summary of this SEC filing
Longeveron (LGVN) Director Deborah Ascheim Receives RSU Award
What Happened
- Deborah Ascheim, a director of Longeveron, received an award of 36,000 restricted stock units (RSUs) on 2026-08-19. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (no cash purchase).
- This is a grant of compensation equity (not an open-market purchase or sale); the RSUs are subject to future vesting and will convert to shares only as vesting conditions are met.
Key Details
- Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (appears to be filed within the standard Form 4 reporting window).
- Amount: 36,000 RSUs granted; reported acquisition price: $0.00 (typical for equity awards).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 — award represents time‑based vesting RSUs; F2 — includes RSUs subject to future vesting.
- Transaction code: A = Award/Grant. No 10b5-1, tax withholding, or sale noted in this filing.
Context
- RSUs are conditional grants that convert into actual shares only after vesting conditions (time or performance) are met; they do not represent immediately tradeable stock.
- Awards like this are commonly part of director compensation; they are informational about company governance/compensation but are not the same signal as an insider buying shares with cash.