LeMaitre Vascular (NASDAQ: LMAT) director gets dividend equivalent awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeMaitre Vascular director Lawrence J. Jasinski reported grants of dividend equivalent rights on existing equity awards. On 2026-06-04, he acquired several small blocks of dividend equivalent rights linked to previously granted restricted stock unit and performance share unit awards from 2023, 2024, and 2025.
Each dividend equivalent right is the economic equivalent of one share of LeMaitre Vascular common stock and will vest proportionately with the underlying awards. These are compensation-related accruals with no open-market buying or selling and no cash exercise price.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Jasinski Lawrence J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 0.466 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.558 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.76 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.86 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 1.427 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 5.067 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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. 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 grant: 1.4274 rights
Dividend equivalent rights grant: 0.8599 rights
Dividend equivalent rights grant: 0.7595 rights
+2 more
5 metrics
Dividend equivalent rights grant
1.4274 rights
Derivative acquisition on 2026-06-04, economic equivalent of common stock
Dividend equivalent rights grant
0.8599 rights
Derivative acquisition on 2026-06-04, tied to prior award
Dividend equivalent rights grant
0.7595 rights
Derivative acquisition on 2026-06-04, vesting with RSU/PSU
Dividend equivalent rights grant
0.5579 rights
Derivative acquisition on 2026-06-04, compensation-related
Dividend equivalent rights grant
0.4658 rights
Derivative acquisition on 2026-06-04, zero exercise price
Key Terms
Dividend Equivalent Rights, restricted stock unit award, performance share unit award, economic equivalent of one share
4 terms
Dividend Equivalent Rights financial
"These dividend equivalent rights accrued on a restricted stock unit award granted on 12/8/2023"
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 granted on 12/8/2023"
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.
FAQ
What insider transaction did LMAT director Lawrence Jasinski report?
Lawrence J. Jasinski reported grants of dividend equivalent rights tied to prior equity awards. These rights accrued on existing restricted stock and performance share units and represent additional compensation, not open-market stock purchases or sales.
What are dividend equivalent rights in the LMAT Form 4 filing?
Dividend equivalent rights are awards that mirror dividends on underlying shares. In this LMAT filing, each right is the economic equivalent of one share of common stock and vests in step with the related stock or performance unit awards.
Which LMAT awards generated the new dividend equivalent rights?
The new dividend equivalent rights accrued on restricted stock unit and performance share unit awards granted on December 8, 2023, December 6, 2024, and December 10, 2025. They vest proportionately with each corresponding award’s vesting schedule.
Does the LMAT Form 4 indicate any option exercises or tax withholding?
The LMAT Form 4 does not show option exercises or tax withholding transactions. All reported entries are acquisitions of dividend equivalent rights with no exercise price and no derivative positions remaining listed in the derivative summary.