Martha Shadan acquires 477 LeMaitre Vascular (LMAT) shares via PSU
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeMaitre Vascular director Martha Shadan reported equity-based compensation on common stock. On February 26, 2026, she acquired 476 shares of common stock at a price of $0.0000 per share as a grant or award. She also acquired 1 additional common share through the exercise of a dividend equivalent right linked one-for-one to common stock. These transactions stem from a Performance Share Unit award originally granted on December 6, 2024, which vested one-third upon satisfaction of its performance condition on February 26, 2026, with the remaining portions scheduled to vest in equal annual installments on the grant date anniversaries over the next two years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 shares exercised/converted
Mixed
3 txns
Insider
SHADAN MARTHA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1 | $0.00 | -- |
| Grant/Award | Common Stock | 476 | $0.00 | -- |
| Exercise | Common Stock | 1 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 2.896 shares (Direct);
Common Stock — 2,961 shares (Direct)
Footnotes (1)
- These shares represent LMAT common stock acquired on February 26, 2026, upon settlement of a Performance Share Unit (PSU) award granted on December 6, 2024. The PSU award vested 1/3 upon determination of satisfaction of the performance condition (on 2/26/2026), and the balance vests in equal annual installments on the grant date anniversary over the next two years. Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis. These dividend equivalent rights were released in connection with the vesting of a PSU award granted on December 6, 2024. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
FAQ
What insider transactions did LMAT director Martha Shadan report on February 26, 2026?
Martha Shadan reported acquiring LMAT equity on February 26, 2026. She received 476 shares of common stock as a grant and 1 additional share through the exercise of a dividend equivalent right, all at a stated price of $0.0000 per share.
What are dividend equivalent rights in Martha Shadan’s LMAT Form 4 filing?
Dividend equivalent rights in this filing are derivative rights economically equivalent to one LMAT common share each. They were released in connection with the vesting of the Performance Share Unit award and converted into common stock on a one-for-one basis on February 26, 2026.
How does the LMAT PSU vesting schedule affect Martha Shadan’s reported equity awards?
The Performance Share Unit award vested one-third when the performance condition was satisfied on February 26, 2026. The remaining two-thirds are scheduled to vest in equal annual installments on the December 6 grant date anniversaries over the following two years, influencing future equity settlements.