Form 4: Longeveron Inc. Executive Lehr Paul T Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Paul T. Lehr, General Counsel and Secretary of Longeveron Inc., reports the disposal of 1,599 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 1, 2025, Paul T. Lehr, General Counsel and Secretary of Longeveron Inc., disposed of 1,599 shares of Class A Common Stock to satisfy tax obligations related to the vesting of a restricted stock unit award.
- The transaction was executed at a price of $1.5 per share.
- Following the transaction, Lehr directly owns 156,750 shares, which includes restricted stock units subject to future vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock disposal transaction. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Longeveron Inc., Paul T. Lehr, Form 4, Beneficial Ownership, Stock Disposal, Tax Obligations, Restricted Stock Units, LGVN, General Counsel, Secretary
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