---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-078019"
form_type: "8-K"
ticker: "LGVN"
cik: "0001721484"
company_name: "Longeveron Inc."
filed_at: "2026-07-14T21:19:56+00:00"
generated_at: "2026-07-14T21:22:14.750534+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Longeveron revises CEO Willard's pay: $500K salary no longer deferred, equity vests over 3 years

## Summary
- Base salary of $500,000 per year is no longer subject to deferral period (previously disclosed).
- Annual cash bonus target set at 45% of base salary, with 80% based on corporate goals and 20% discretionary.
- Initial equity awards (200,000 RSUs and 200,000 stock options) now vest quarterly over three years instead of four.
- Severance: 3 months salary per year worked, capped at 12 months, min 6 months after 1 year.
- Upon change in control termination within 6 months: lump sum of 12 months salary plus 100% target bonus, full equity vesting.

## SEC filing metadata
- accession: 0001213900-26-078019
- form_type: 8-K
- ticker: LGVN
- cik: 0001721484
- company_name: Longeveron Inc.
- filed_at: 2026-07-14T21:19:56+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1721484/000121390026078019/0001213900-26-078019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1721484/000121390026078019/ea0297987-8k_longeveron.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-078019
- JSON: https://secwatch.observer/filing/0001213900-26-078019.json
- Plain text: https://secwatch.observer/filing/0001213900-26-078019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.