Form 4: Longeveron CFO Lisa Locklear Reports Tax-Related Stock Disposal
SEC Form 4
Lisa Locklear, CFO of Longeveron Inc., reports the disposal of 5,316 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On October 1, 2024, Lisa Locklear, the Chief Financial Officer of Longeveron Inc., disposed of 5,316 shares of Class A Common Stock.
- The transaction was executed to satisfy tax obligations related to the vesting of a restricted stock unit award.
- The shares were disposed of at a price of $1.88 per share.
- Following the transaction, Locklear beneficially owns 158,315 shares, which includes restricted stock units subject to future vesting.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock disposal transaction. |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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