LeMaitre insider acquires dividend-share rights
LMAT’s president and director reported nine small dividend-equivalent accruals tied to prior equity awards, with no sales and no 10b5-1 plan.
Rhea-AI Filing Summary
LEMAITRE VASCULAR INC (LMAT) reported that President and Director David B. Roberts received nine small grants of Dividend Equivalent Rights on September 3, 2026. These rights accrued on previously granted restricted stock unit and performance share unit awards and vest proportionately with those awards. Each dividend equivalent right is the economic equivalent of one share of common stock, carries no cash exercise price, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 24.9076 shares
Grant/Award
9 txns
Insider
Roberts David B
Role
President and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 2.1262 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F2 | 2.1262 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F3 | 3.6322 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F4 | 4.3524 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F5 | 3.1566 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F6 | 3.5757 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F7 | 0.3056 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F8 | 0.3453 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F9 | 5.2874 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 166.8772 contracts (Direct)
Footnotes (9)
- F1. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F2. These dividend equivalent rights accrued on a performance share unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F3. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/8/2023 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F4. These dividend equivalent rights accrued on a performance share unit award granted on 12/8/2023 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F5. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/6/2024 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F6. These dividend equivalent rights accrued on a performance share unit award granted on 12/6/2024 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F7. These dividend equivalent rights accrued on a restricted stock unit award granted on 2/18/2025 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F8. These dividend equivalent rights accrued on a performance share unit award granted on 2/18/2025 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- F9. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/10/2025 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
Key Figures
Dividend Equivalent Rights granted (RSU 12/12/2022): 2.1262 rights
Dividend Equivalent Rights granted (PSU 12/12/2022): 2.1262 rights
Dividend Equivalent Rights granted (RSU 12/8/2023): 3.6322 rights
+5 more
8 metrics
Dividend Equivalent Rights granted (RSU 12/12/2022)
2.1262 rights
Accrued on restricted stock unit award granted on December 12, 2022; each right equals one LMAT common share economically
Dividend Equivalent Rights granted (PSU 12/12/2022)
2.1262 rights
Accrued on performance share unit award granted on December 12, 2022; each right equals one LMAT common share economically
Dividend Equivalent Rights granted (RSU 12/8/2023)
3.6322 rights
Accrued on restricted stock unit award granted on December 8, 2023; vest proportionately with that award
Dividend Equivalent Rights granted (PSU 12/8/2023)
4.3524 rights
Accrued on performance share unit award granted on December 8, 2023; vest proportionately with that award
Dividend Equivalent Rights granted (RSU 12/6/2024)
3.1566 rights
Accrued on restricted stock unit award granted on December 6, 2024; each right equals one LMAT common share economically
Dividend Equivalent Rights granted (PSU 12/6/2024)
3.5757 rights
Accrued on performance share unit award granted on December 6, 2024; vest proportionately with that award
Dividend Equivalent Rights granted (RSU 12/10/2025)
5.2874 rights
Accrued on restricted stock unit award granted on December 10, 2025; each right equals one LMAT common share economically
Reported price per Dividend Equivalent Right
$0.0000
All nine acquisition transactions on September 3, 2026 show a zero dollar per-right price
Key Terms
Dividend Equivalent Rights, restricted stock unit award, performance share unit award, economic equivalent
4 terms
Dividend Equivalent Rights financial
"These dividend equivalent rights accrued on a restricted stock unit award"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock unit award financial
"These dividend equivalent rights accrued on a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LMAT insider David B. Roberts report on September 3, 2026?
He reported nine acquisitions of Dividend Equivalent Rights on September 3, 2026. Each grant relates to an existing restricted stock unit or performance share unit award and represents the economic equivalent of one LMAT common share, vesting proportionately with the underlying award.
What securities are involved in this LMAT Form 4 filing?
The filing reports Dividend Equivalent Rights, each stated as the economic equivalent of one share of LeMaitre Vascular common stock. These rights accrued on prior restricted stock unit and performance share unit awards and will vest in step with those awards.
How many Dividend Equivalent Rights were granted in the largest LMAT transaction?
The largest individual grant reported was 5.2874 Dividend Equivalent Rights, tied to a restricted stock unit award granted on December 10, 2025. Like the other grants, each right is economically equivalent to one LMAT common share and vests proportionately with that award.
Are these LMAT insider transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that these acquisitions of Dividend Equivalent Rights were made under a Rule 10b5-1 or other pre-arranged trading plan.
What prior LMAT awards did these Dividend Equivalent Rights accrue on?
The rights accrued on awards originally granted on December 12, 2022, December 8, 2023, December 6, 2024, February 18, 2025, and December 10, 2025. Each set is tied to either a restricted stock unit award or a performance share unit award, as specified in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.