LeMaitre Vascular Form 144: 10,815 shares sold via Morgan Stanley
Rhea-AI Filing Summary
LeMaitre Vascular (LMAT) filed a Form 144 reporting a proposed sale of 10,815 common shares on NASDAQ with an aggregate market value of $999,173.07. The form states these shares equal roughly 0.048% of the 22,637,522 shares outstanding. The securities were acquired and are being sold on 08/11/2025 through a stock option exercise, with payment in cash, and the sale is to be executed through Morgan Stanley Smith Barney LLC. The filing notes no securities sold in the past three months by the selling person and includes the filer’s representation that they are unaware of any undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider exercise and sale of 10,815 shares valued at ~$999K; appears non-material to capitalization.
The Form 144 documents a same-day stock option exercise and sale of 10,815 common shares with an aggregate market value of $999,173.07, executed through Morgan Stanley Smith Barney LLC on NASDAQ. Against 22,637,522 shares outstanding, this position is approximately 0.048% of the company, suggesting the transaction is small relative to the company’s market capitalization. The filer reports no other sales in the prior three months and affirms no undisclosed material adverse information.
TL;DR: Disclosure is consistent with Rule 144 requirements; transaction appears procedural rather than governance-significant.
The filing discloses acquisition by stock option exercise and immediate proposed sale, with cash payment and broker identified. Because the filing records no prior sales in the last three months and contains the standard representation about material information, this looks like a compliance-driven disclosure under Rule 144 rather than an indicator of governance or operational concerns. No details in the form identify the seller’s role or prompt governance implications.