4Filed Aug 20, 8:00 PM ET
Longeveron (LGVN) Director Arjun Desai Receives 36,000 RSUs
$LGVN · Longeveron Inc.Research Summary
AI-generated summary of this SEC filing
Longeveron (LGVN) Director Arjun Desai Receives 36,000 RSUs
What Happened
- Arjun JJ Desai, a director of Longeveron Inc., was granted 36,000 restricted stock units (RSUs) on August 19, 2026. The award is reported as an acquisition at $0.00 per share (total reported value $0) and represents time‑based, vesting equity compensation rather than an open‑market purchase.
Key Details
- Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (appears timely — within the typical 2‑business‑day reporting window).
- Transaction type/code: A (award/grant); 36,000 RSUs acquired at $0.00.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnotes: F1 — award of time‑based vesting RSUs; F2 — includes RSUs subject to future vesting.
- No cash was exchanged and no sale occurred in this filing.
Context
- RSU grants are a form of compensation and typically vest over a set schedule; they do not necessarily signal the insider is buying or selling stock. For investors, awards are useful to track executive compensation and alignment with shareholders but are not the same as an insider purchase that reflects personal conviction.