Form 4: Longeveron Inc. Executive Lehr Paul T Reports Tax-Related Stock Disposal
SEC Form 4
Paul T. Lehr, General Counsel and Secretary of Longeveron Inc., reports the disposal of 1,205 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On January 2, 2025, Paul T. Lehr, the General Counsel and Secretary of Longeveron Inc., disposed of 1,205 shares of Class A Common Stock.
- The shares were withheld to satisfy tax obligations associated with the vesting of a restricted stock unit award.
- The transaction price was $1.79 per share.
- Following the transaction, Lehr directly owns 158,349 shares, which includes restricted stock units subject to future vesting.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and executive compensation. It doesn't indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for company executives to dispose of shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction (stock disposal for tax obligations). |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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