LeMaitre Vascular (LMAT) details insider stock and dividend rights moves
Rhea-AI Filing Summary
LeMaitre Vascular reported insider equity transactions by its Senior Vice President, Operations on a Form 4. On 12/06/2025, 2 shares of common stock were acquired at $0 per share upon the release of dividend equivalent rights, bringing direct holdings before tax withholding to 3,712 shares. Also on that date, 69 shares were disposed of at $84.53 per share as shares withheld by the issuer to satisfy tax withholding obligations from previously awarded restricted stock units, resulting in 3,643 common shares owned directly.
The report also shows several acquisitions of dividend equivalent rights on 12/04/2025 that accrued on restricted stock unit and performance share unit awards originally granted on 12/11/2021, 12/12/2022, 12/8/2023, and 12/6/2024. Each dividend equivalent right is stated to be the economic equivalent of one share of LeMaitre Vascular common stock and to vest proportionately with the related awards.
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FAQ
What insider transactions did LeMaitre Vascular (LMAT) disclose in this Form 4?
The filing shows that on 12/06/2025 a company officer acquired 2 shares of LeMaitre Vascular common stock at $0 per share upon the release of dividend equivalent rights, and that 69 shares were disposed of at $84.53 per share as shares withheld by the issuer to cover tax withholding obligations on vested restricted stock units.
How many LeMaitre Vascular (LMAT) shares does the reporting officer own after the transactions?
After the reported transactions on 12/06/2025, the officer directly owns 3,643 shares of LeMaitre Vascular common stock, as shown in the Form 4.
Why were 69 LMAT shares disposed of by the issuer?
The 69 shares reported as disposed of represent shares withheld by LeMaitre Vascular to satisfy tax withholding obligations incurred upon the vesting of restricted stock units awarded to the reporting person on 12/6/2024. The filing states that this transaction is considered an exempt sale pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934.
What are dividend equivalent rights in the LeMaitre Vascular (LMAT) filing?
The document explains that the dividend equivalent rights accrued on various restricted stock unit and performance share unit awards and vest proportionately with those awards. It states that each dividend equivalent right is the economic equivalent of one share of LeMaitre Vascular common stock.
Which prior equity awards generated the dividend equivalent rights for LMAT?
The dividend equivalent rights reported on 12/04/2025 accrued on equity awards originally granted on 12/11/2021, 12/12/2022, 12/8/2023, and 12/6/2024, including both restricted stock unit awards and performance share unit awards.
Does this Form 4 involve a 10% owner or an officer of LeMaitre Vascular (LMAT)?
The Form 4 identifies the reporting person as an officer of LeMaitre Vascular, serving as Senior V. P., Operations. The 10% owner box is not indicated; the relationship checked is officer.