LeMaitre Vascular director exercises dividend equivalent rights at $0

Q: What insider stock transaction did LeMaitre Vascular (LMAT) report?

A LeMaitre Vascular director reported the exercise (code M) of dividend equivalent rights on 12/12/2025, receiving common shares at an exercise price of $0.

Q: When did the underlying equity awards for LMAT’s dividend equivalent rights originate?

The dividend equivalent rights released on 12/12/2025 were tied to a restricted stock unit award and a performance stock unit award, each originally granted on 12/12/2022.

Q: How many LeMaitre Vascular shares were tied to each set of dividend equivalent rights?

Each set of dividend equivalent rights corresponded to 5 shares of LeMaitre Vascular common stock, as shown in the underlying security amounts in Table II.

Q: What is a dividend equivalent right in the context of LMAT’s director awards?

Each dividend equivalent right is described as the economic equivalent of one share of LeMaitre Vascular common stock and converts into a share when the related award vests.

Q: What happened to any fractional LMAT dividend equivalent rights balances?

The filing states that fractional shares, if any, were settled in cash on each vesting date, resulting in a final balance of 0 dividend equivalent rights.

A LeMaitre Vascular director reported automatic share acquisitions tied to existing equity awards.

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Rhea-AI Filing Summary

A LeMaitre Vascular director reported automatic share acquisitions tied to existing equity awards. On 12/12/2025, dividend equivalent rights linked to stock awards converted into common shares at an exercise price of $0, with the transactions coded as exercises (code M). The director received 5 shares from dividend equivalent rights associated with a restricted stock unit award granted on 12/12/2022 and another 5 shares from rights linked to a performance stock unit award granted on the same date. Fractional shares from these rights, if any, were settled in cash, leaving a remaining balance of 0 dividend equivalent rights.

Insider Trade Summary

10 shares exercised/converted

Exercise 4 txns

Insider Ross Bridget A

Role Director

Type	Security	Shares	Price	Value
Exercise	Dividend Equivalent Rights	5	$0.00	$0.00
Exercise	Dividend Equivalent Rights	5	$0.00	$0.00
Exercise	Common Stock	5	$0.00	$0.00
Exercise	Common Stock	5	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights — 0 contracts (Direct); Common Stock — 3,465 shares (Direct)

Footnotes (4)

F1. Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
F2. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
F3. Fractional shares (if any) were settled in cash on each vesting date, resulting in a final balance of zero.
F4. These dividend equivalent rights were released in connection with the vesting of a performance stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider stock transaction did LeMaitre Vascular (LMAT) report?

A LeMaitre Vascular director reported the exercise (code M) of dividend equivalent rights on 12/12/2025, receiving common shares at an exercise price of $0.

When did the underlying equity awards for LMAT’s dividend equivalent rights originate?

The dividend equivalent rights released on 12/12/2025 were tied to a restricted stock unit award and a performance stock unit award, each originally granted on 12/12/2022.

How many LeMaitre Vascular shares were tied to each set of dividend equivalent rights?

Each set of dividend equivalent rights corresponded to 5 shares of LeMaitre Vascular common stock, as shown in the underlying security amounts in Table II.

What is a dividend equivalent right in the context of LMAT’s director awards?

Each dividend equivalent right is described as the economic equivalent of one share of LeMaitre Vascular common stock and converts into a share when the related award vests.

At what price were the LMAT shares from dividend equivalent rights acquired?

The common shares received upon release of the dividend equivalent rights were acquired at an exercise price of $0, as indicated in both tables.

What happened to any fractional LMAT dividend equivalent rights balances?

The filing states that fractional shares, if any, were settled in cash on each vesting date, resulting in a final balance of 0 dividend equivalent rights.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/15/2025 - 06:10 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ross Bridget A

(Last)

(First)

(Middle)

C/O LEMAITRE VASCULAR, INC.

63 SECOND AVENUE

(Street)

BURLINGTON

01803

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LEMAITRE VASCULAR INC [ LMAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/12/2025		M		5⁽¹⁾	A	$0⁽¹⁾	3,460	D
Common Stock	12/12/2025		M		5⁽¹⁾	A	$0⁽¹⁾	3,465	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Dividend Equivalent Rights	⁽²⁾	12/12/2025		M			5⁽²⁾	⁽²⁾	⁽²⁾	Common Stock	5	$0	0⁽³⁾	D
Dividend Equivalent Rights	⁽⁴⁾	12/12/2025		M			5⁽⁴⁾	⁽⁴⁾	⁽⁴⁾	Common Stock	5	$0	0⁽³⁾	D

Explanation of Responses:

1. Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.

2. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.

3. Fractional shares (if any) were settled in cash on each vesting date, resulting in a final balance of zero.

4. These dividend equivalent rights were released in connection with the vesting of a performance stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.

	/s/ Laurie A. Churchill, Attorney-in-fact	12/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR