Longeveron (LGVN) Director George Paletta Jr. Receives RSU Award

What Happened

• George A. Paletta Jr., a director of Longeveron, was granted 36,000 restricted stock units (RSUs) on August 19, 2026. The award was reported as an acquisition (code A) at $0.00 per share (no cash paid). The filing was submitted Aug 21, 2026.

Key Details

• Transaction date: 2026-08-19 (reported on Form 4 filed 2026-08-21)
• Transaction type/code: Award/Grant (A) — 36,000 RSUs @ $0.00
• Consideration: $0 (standard for RSU grants; market value will depend on LGVN share price when vested)
• Shares owned after transaction: Not specified in the filing
• Footnotes: F1 = time‑based vesting RSUs; F2 = includes RSUs subject to future vesting
• Timeliness: Filed within two business days of the transaction (no late filing indicated)

Context

• RSUs are compensation awards that convert to shares only after vesting conditions are met; they are not an immediate market purchase or sale. Such grants are routine for directors and employees and primarily reflect compensation, not a direct buy/sell signal.