December 31, 2023 · Form 4 insider transaction
Philp Daniel C. bought 921 shares of LDWY at $4.61 per share, a transaction worth $4.2K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Each Common Stock Equivalent is the economic equivalent of one share of Lendway, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Lendway, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Lendway, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.