Form 4: Longeveron Inc. Director Khoso Baluch Reports Tax Obligation Stock Transaction
SEC Form 4 Filing
Director Khoso Baluch reports a transaction involving the withholding of shares to cover tax obligations related to a restricted stock unit vesting.
Summary
- On June 9, 2024, Khoso Baluch, a director of Longeveron Inc., had 125 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld in connection with the vesting of a restricted stock unit award.
- The price per share was $1.06.
- Following the transaction, Baluch directly owns 14,875 shares of Longeveron Inc. common stock.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of a transaction related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
This is a standard Form 4 filing, reflecting insider transactions related to equity compensation. Such filings are common and provide transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 06/09/2024 | Date of transaction where shares were withheld for tax obligations. |
| 06/11/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.