Longeveron (LGVN) CFO Nirav Jhaveri Receives 300K RSU Award
$LGVN · Longeveron Inc.Research Summary
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Longeveron (LGVN) CFO Nirav Jhaveri Receives 300K RSU Award
What Happened
Nirav S. Jhaveri, Chief Financial Officer of Longeveron Inc. (LGVN), was awarded 300,000 restricted stock units (RSUs) on August 17, 2026. The RSUs were granted at $0.00 per share (no cash paid), with a reported aggregate value of $0 on the Form 4. This is a compensation/award transaction (code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-08-17; Form 4 filed: 2026-08-25.
- Reported transaction: Grant/Award of 300,000 RSUs at $0.00 per share (Acquired = $0).
- 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.
- Timeliness: Filing was posted 8 days after the grant; Form 4s are generally due within 2 business days, so this filing appears late.
Context
RSUs are a form of equity compensation that typically vest over time and may be forfeited if vesting conditions aren’t met; they do not represent immediately tradable shares until vested. Because this is a compensation grant rather than an open‑market purchase or sale, it should be viewed as executive compensation disclosure rather than a direct buy/sell signal about the insider’s sentiment.