Form 4: Longeveron Inc. Director Joshua Hare Sells 5,250 Shares
SEC Form 4 Filing
Joshua Hare, Chief Scientific Officer and Director at Longeveron Inc., sold 5,250 shares of Class A Common Stock at a weighted average price of $1.4033 on May 16, 2025.
Summary
- On May 16, 2025, Joshua Hare, a Director and the Chief Scientific Officer of Longeveron Inc. (LGVN), sold 5,250 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $1.4033, with individual transaction prices ranging from $1.40 to $1.42.
- Following the transaction, Hare directly owns 721,796 shares, which includes RSUs subject to future vesting and 462,807 shares of Class B common stock.
- Class B common stock has identical rights to common stock, except each share is entitled to 5 votes and is convertible into one share of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives and directors.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although the amount is relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: Joshua Hare sold 5,250 shares of Class A Common Stock. |
Keywords
Longeveron Inc., Joshua Hare, stock sale, Class A Common Stock, Class B Common Stock, insider trading, Form 4, LGVN
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