ELWT

SEC source: 0002129745-26-000003 · primary_doc.xml · nonDerivative · entry 3

Di Bartolo James P. II · CIK 0002129745 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,758

SEC source: 0002129745-26-000003 · primary_doc.xml · nonDerivative · entry 2

Di Bartolo James P. II · CIK 0002129745 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,664

SEC source: 0002129745-26-000003 · primary_doc.xml · nonDerivative · entry 1

Di Bartolo James P. II · CIK 0002129745 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,663

SEC source: 0000891839-26-000273 · form4.xml · derivative · entry 2

GOODMAN LESLIE E · CIK 0001036212 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,341

Underlying: Common Stock · 6,341 shares

Expires not disclosed

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000274 · form4.xml · derivative · entry 2

Josephs Glenn M. · CIK 0002086739 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,435

Underlying: Common Stock · 5,435 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000275 · form4.xml · derivative · entry 3

O'Brien David J. · CIK 0002086564 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,435

Underlying: Common Stock · 5,435 shares

Expires not disclosed

F3 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000276 · form4.xml · derivative · entry 1

Shannon Roger D · CIK 0001370527 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,435

Underlying: Common Stock · 5,435 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000271 · form4.xml · derivative · entry 2

BASOLIS ELBERT G JR · CIK 0001243340 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,247

Underlying: Common Stock · 7,247 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000272 · form4.xml · derivative · entry 2

Berk Frederick R. · CIK 0002086191 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,885

Underlying: Common Stock · 6,885 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000270 · form4.xml · derivative · entry 2

Barton Scott Winter · CIK 0002089246 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,435

Underlying: Common Stock · 5,435 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000291 · form4.xml · derivative · entry 1

Jones Nicholas Alan · CIK 0002143069 · CIO and COO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,265

Underlying: Common Stock · 8,265 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000131 · form4.xml · derivative · entry 2

GOODMAN LESLIE E · CIK 0001036212 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,693

Underlying: Common Stock · 1,693 shares

Expires not disclosed

F2 · derivative.exercise_price: 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.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000135 · form4.xml · derivative · entry 1

Huffman Kyle E. · CIK 0002092849 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,693

Underlying: Common Stock · 7,693 shares

Expires 2036-04-02

F1 · derivative.exercise_date: This option was 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, vests on the first anniversary of the date of grant.

SEC source: 0000891839-26-000133 · form4.xml · derivative · entry 2

BASOLIS ELBERT G JR · CIK 0001243340 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,693

Underlying: Common Stock · 1,693 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000134 · form4.xml · derivative · entry 2

Barton Scott Winter · CIK 0002089246 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,539

Underlying: Common Stock · 1,539 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000132 · form4.xml · derivative · entry 2

Berk Frederick R. · CIK 0002086191 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,847

Underlying: Common Stock · 1,847 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000130 · form4.xml · derivative · entry 2

Josephs Glenn M. · CIK 0002086739 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,539

Underlying: Common Stock · 1,539 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000128 · form4.xml · derivative · entry 1

Shannon Roger D · CIK 0001370527 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,693

Underlying: Common Stock · 1,693 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000129 · form4.xml · derivative · entry 3

O'Brien David J. · CIK 0002086564 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,693

Underlying: Common Stock · 1,693 shares

Expires not disclosed

F3 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000150 · form4.xml · derivative · entry 2

Di Bartolo James P. II · CIK 0002129745 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,693

Underlying: Common Stock · 7,693 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0000891839-26-000044 · form4.xml · derivative · entry 1

Alder Richard M. · CIK 0002086048 · Chief Operations Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 592

Underlying: Common Stock · 592 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 agreement, vest on the first anniversary of the grant date.

F1 · derivative.exercise_date: 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 agreement, vest on the first anniversary of the grant date.

F1 · derivative.expiration_date: 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 agreement, vest on the first anniversary of the grant date.

SEC source: 0000891839-25-000176 · form4.xml · nonDerivative · entry 1

Berk Frederick R. · CIK 0002086191 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,169

SEC source: 0000891839-25-000181 · form4.xml · nonDerivative · entry 1

RUBENS BARRY R · CIK 0001202401 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,500

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.43 to $6.6996, inclusive. The reporting person undertakes to provide to Elauwit Connection, Inc., any security holder of Elauwit Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

SEC source: 0000891839-25-000180 · form4.xml · nonDerivative · entry 1

McDonough Daniel JR · CIK 0002087255 · Director · Executive Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,000

SEC source: 0000891839-25-000128 · form4.xml · nonDerivative · entry 1

RUBENS BARRY R · CIK 0001202401 · Director · Chief Executive Officer · 10% owner

Steele Creek Partners LLC · CIK 0002090946 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Steele Creek Partners LLC

Disclosed balance after: 673,396

F1 · shares: Steele Creek Partners LLC and the issuer entered into a put-call agreement on August 20, 2024, as amended on August 11, 2025 (the "Agreement"), which was approved by the issuer's board of directors, whereby the issuer granted Steele Creek Partners LLC a put option to sell to the issuer up to $1,000,000 of the value of the issuer's common stock at a discount of 10% of the issuer's initial public offering ("IPO") issue price, as described further in the final prospectus used in the issuer's IPO which was filed with the Securities and Exchange Commission on November 4, 2025. The IPO closed on November 6, 2025, resulting in the acquisition of the put option for 123,456 shares.

F2 · shares: (Continued from footnote 1) On November 13, 2025, Steele Creek Partners LLC exercised its put option and is reporting the subsequent disposition of 123,456 shares to the issuer in accordance with Rule 16b-3(e). Other than these shares which were disposed to the issuer by operation of law, the reporting persons' shares remain subject to their lock-up agreement with the underwriter of the IPO.

F3 · ownership.nature: Mr. Rubens is the managing member of Steele Creek Partners LLC.

SEC source: 0000891839-25-000127 · form4.xml · nonDerivative · entry 1

McDonough Daniel JR · CIK 0002087255 · Director · Executive Chairman · 10% owner

Baron Hunter Group, LLC · CIK 0002092548 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Baron Hunter Group, LLC

Disclosed balance after: 759,890

F1 · shares: Baron Hunter Group, LLC and the issuer entered into a put-call agreement on August 20, 2024, as amended on August 11, 2025 (the "Agreement"), which was approved by the issuer's board of directors, whereby the issuer granted Baron Hunter Group, LLC a put option to sell to the issuer up to $1,000,000 of the value of the issuer's common stock at a discount of 10% of the issuer's initial public offering ("IPO") issue price, as described further in the final prospectus used in the issuer's IPO which was filed with the Securities and Exchange Commission on November 4, 2025. The IPO closed on November 6, 2025, resulting in the acquisition of the put option for 123,456 shares.

F2 · shares: (Continued from footnote 1) On November 13, 2025, Baron Hunter Group, LLC exercised its put option and is reporting the subsequent disposition of 123,456 shares to the issuer in accordance with Rule 16b-3(e). Other than these shares which were disposed to the issuer by operation of law, the reporting persons' shares remain subject to their lock-up agreement with the underwriter of the IPO.

F3 · ownership.nature: Mr. McDonough is the managing member of Baron Hunter Group, LLC.

SEC source: 0000891839-25-000128 · form4.xml · derivative · entry 3

RUBENS BARRY R · CIK 0001202401 · Director · Chief Executive Officer · 10% owner

Steele Creek Partners LLC · CIK 0002090946 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Steele Creek Partners LLC

Disclosed balance after: 0

Underlying: Common Stock · 123,456 shares

Expires 2025-11-21

F1 · shares: Steele Creek Partners LLC and the issuer entered into a put-call agreement on August 20, 2024, as amended on August 11, 2025 (the "Agreement"), which was approved by the issuer's board of directors, whereby the issuer granted Steele Creek Partners LLC a put option to sell to the issuer up to $1,000,000 of the value of the issuer's common stock at a discount of 10% of the issuer's initial public offering ("IPO") issue price, as described further in the final prospectus used in the issuer's IPO which was filed with the Securities and Exchange Commission on November 4, 2025. The IPO closed on November 6, 2025, resulting in the acquisition of the put option for 123,456 shares.

F2 · shares: (Continued from footnote 1) On November 13, 2025, Steele Creek Partners LLC exercised its put option and is reporting the subsequent disposition of 123,456 shares to the issuer in accordance with Rule 16b-3(e). Other than these shares which were disposed to the issuer by operation of law, the reporting persons' shares remain subject to their lock-up agreement with the underwriter of the IPO.

F3 · ownership.nature: Mr. Rubens is the managing member of Steele Creek Partners LLC.

SEC source: 0000891839-25-000127 · form4.xml · derivative · entry 4

McDonough Daniel JR · CIK 0002087255 · Director · Executive Chairman · 10% owner

Baron Hunter Group, LLC · CIK 0002092548 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Baron Hunter Group, LLC

Disclosed balance after: 0

Underlying: Common Stock · 123,456 shares

Expires 2025-11-21

F1 · shares: Baron Hunter Group, LLC and the issuer entered into a put-call agreement on August 20, 2024, as amended on August 11, 2025 (the "Agreement"), which was approved by the issuer's board of directors, whereby the issuer granted Baron Hunter Group, LLC a put option to sell to the issuer up to $1,000,000 of the value of the issuer's common stock at a discount of 10% of the issuer's initial public offering ("IPO") issue price, as described further in the final prospectus used in the issuer's IPO which was filed with the Securities and Exchange Commission on November 4, 2025. The IPO closed on November 6, 2025, resulting in the acquisition of the put option for 123,456 shares.

F2 · shares: (Continued from footnote 1) On November 13, 2025, Baron Hunter Group, LLC exercised its put option and is reporting the subsequent disposition of 123,456 shares to the issuer in accordance with Rule 16b-3(e). Other than these shares which were disposed to the issuer by operation of law, the reporting persons' shares remain subject to their lock-up agreement with the underwriter of the IPO.

F3 · ownership.nature: Mr. McDonough is the managing member of Baron Hunter Group, LLC.

SEC source: 0000891839-25-000128 · form4.xml · derivative · entry 2

RUBENS BARRY R · CIK 0001202401 · Director · Chief Executive Officer · 10% owner

Steele Creek Partners LLC · CIK 0002090946 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Steele Creek Partners LLC

Disclosed balance after: 123,456

Underlying: Common Stock · 123,456 shares

Expires 2025-11-21

F1 · shares: Steele Creek Partners LLC and the issuer entered into a put-call agreement on August 20, 2024, as amended on August 11, 2025 (the "Agreement"), which was approved by the issuer's board of directors, whereby the issuer granted Steele Creek Partners LLC a put option to sell to the issuer up to $1,000,000 of the value of the issuer's common stock at a discount of 10% of the issuer's initial public offering ("IPO") issue price, as described further in the final prospectus used in the issuer's IPO which was filed with the Securities and Exchange Commission on November 4, 2025. The IPO closed on November 6, 2025, resulting in the acquisition of the put option for 123,456 shares.

F2 · shares: (Continued from footnote 1) On November 13, 2025, Steele Creek Partners LLC exercised its put option and is reporting the subsequent disposition of 123,456 shares to the issuer in accordance with Rule 16b-3(e). Other than these shares which were disposed to the issuer by operation of law, the reporting persons' shares remain subject to their lock-up agreement with the underwriter of the IPO.

F3 · ownership.nature: Mr. Rubens is the managing member of Steele Creek Partners LLC.

SEC source: 0000891839-25-000127 · form4.xml · derivative · entry 3

McDonough Daniel JR · CIK 0002087255 · Director · Executive Chairman · 10% owner

Baron Hunter Group, LLC · CIK 0002092548 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Baron Hunter Group, LLC

Disclosed balance after: 123,456

Underlying: Common Stock · 123,456 shares

Expires 2025-11-21

F1 · shares: Baron Hunter Group, LLC and the issuer entered into a put-call agreement on August 20, 2024, as amended on August 11, 2025 (the "Agreement"), which was approved by the issuer's board of directors, whereby the issuer granted Baron Hunter Group, LLC a put option to sell to the issuer up to $1,000,000 of the value of the issuer's common stock at a discount of 10% of the issuer's initial public offering ("IPO") issue price, as described further in the final prospectus used in the issuer's IPO which was filed with the Securities and Exchange Commission on November 4, 2025. The IPO closed on November 6, 2025, resulting in the acquisition of the put option for 123,456 shares.

F2 · shares: (Continued from footnote 1) On November 13, 2025, Baron Hunter Group, LLC exercised its put option and is reporting the subsequent disposition of 123,456 shares to the issuer in accordance with Rule 16b-3(e). Other than these shares which were disposed to the issuer by operation of law, the reporting persons' shares remain subject to their lock-up agreement with the underwriter of the IPO.

F3 · ownership.nature: Mr. McDonough is the managing member of Baron Hunter Group, LLC.

SEC source: 0000891839-26-000058 · form5.xml · nonDerivative · entry 1

Jones Taylor P. · CIK 0002086074 · Director · President and CTO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 74

F1 · kind: Small acquisition eligible for deferred reporting pursuant to Rule 16a-6.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.70 to $7.1945, inclusive. The reporting person undertakes to provide to Elauwit Connection, Inc., any security holder of Elauwit Connection, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.