Elauwit Connection (ELWT) CFO granted 7,693 RSUs as equity award

Rhea-AI Filing Summary

Elauwit Connection, Inc. reported that its Chief Financial Officer, James P. Di Bartolo II, received a grant of 7,693 restricted stock units (RSUs) on common stock. These RSUs convert into common shares on a one-for-one basis and were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3. According to the award terms, they generally vest on the first anniversary of the grant date. Following this grant, the filing shows the CFO directly holding 87,618 shares of common stock and a separate position of 7,693 RSUs.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Di Bartolo James P. II

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	7,693	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 7,693 shares (Direct, null); Common Stock — 87,618 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 7,693 units Common shares held: 87,618 shares RSU conversion ratio: 1 RSU = 1 share

3 metrics

RSUs granted 7,693 units Restricted Stock Units granted to CFO on common stock

Common shares held 87,618 shares Direct common stock holdings following reported transactions

RSU conversion ratio 1 RSU = 1 share RSUs convert into common stock on a one-for-one basis

Key Terms

Restricted Stock Units, Rule 16b-3, 2025 Stock Incentive Plan

3 terms

Restricted Stock Units financial

"These restricted stock units, which convert into common stock on a one-for-one basis"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Rule 16b-3 regulatory

"were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

2025 Stock Incentive Plan financial

"were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Di Bartolo James P. II

(Last) (First) (Middle)

C/O ELAUWIT CONNECTION, INC.

1700 ALTA VISTA DRIVE, SUITE 130

(Street)

COLUMBIA SOUTH CAROLINA 29223

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Elauwit Connection, Inc. [ ELWT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								87,618	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	04/02/2026		A		7,693		(1)	(1)	Common Stock	7,693	$0	7,693	D

Explanation of Responses:

1. These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the first anniversary of the date of grant.

	/s/ James P. Di Bartolo II	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Elauwit Connection (ELWT) report for its CFO?

Elauwit Connection reported that its CFO, James P. Di Bartolo II, received 7,693 restricted stock units. These RSUs are a stock-based compensation award tied to common stock, granted under the 2025 Stock Incentive Plan, and vest after one year.

How many restricted stock units did the Elauwit (ELWT) CFO receive?

The CFO received a grant of 7,693 restricted stock units. Each unit is designed to convert into one share of Elauwit common stock, providing equity-based compensation that aligns executive incentives with shareholder interests over time.

When do the Elauwit (ELWT) CFO’s new RSUs vest?

The RSUs generally vest on the first anniversary of the grant date. This one-year vesting period encourages retention by tying the CFO’s compensation to continued service and future company performance before shares are deliverable.

What is the conversion ratio of the Elauwit (ELWT) CFO’s RSUs to common stock?

The filing states that the restricted stock units convert into common stock on a one-for-one basis. This means each of the 7,693 RSUs is intended to become one share of Elauwit common stock once the vesting conditions are met.

How many Elauwit (ELWT) common shares does the CFO hold after this filing?

After the reported transactions, the CFO directly holds 87,618 shares of Elauwit common stock. This direct holding is separate from the 7,693 newly granted RSUs, which represent additional potential shares subject to vesting.

Under which plan were the Elauwit (ELWT) CFO’s RSUs granted?

The RSUs were granted under the Elauwit Connection, Inc. 2025 Stock Incentive Plan. This plan provides stock-based awards to executives and employees and the transaction is described as exempt under Rule 16b-3 for insider compensation.