LeMaitre Vascular (LMAT) director receives stock from dividend rights
Rhea-AI Filing Summary
LeMaitre Vascular Inc. reported that one of its directors acquired common stock through the release of dividend equivalent rights on 12/12/2025. Two transactions each delivered 5 shares of common stock at an exercise price of $ 0 per share, following the vesting of restricted stock unit and performance stock unit awards originally granted on 12/12/2022.
Each dividend equivalent right is the economic equivalent of one share of common stock, and any fractional shares were settled in cash, resulting in a final balance of zero dividend equivalent rights. After these transactions, the director reported direct holdings of 3,460 and 3,465 common shares, plus 181 shares held indirectly through a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 5 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 5 | $0.00 | -- |
| Exercise | Common Stock | 5 | $0.00 | -- |
| Exercise | Common Stock | 5 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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 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. Fractional shares (if any) were settled in cash on each vesting date, resulting in a final balance of zero. 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
What insider transaction did LeMaitre Vascular (LMAT) report in this filing?
The filing shows that a director of LeMaitre Vascular Inc. acquired common stock on 12/12/2025 through the release of dividend equivalent rights. Two transactions each delivered 5 shares of common stock at an exercise price of $ 0 per share.
What are the dividend equivalent rights mentioned for LeMaitre Vascular (LMAT)?
The filing explains that each dividend equivalent right is the economic equivalent of one share of LeMaitre Vascular common stock. These rights were tied to restricted stock unit and performance stock unit awards and converted into common shares when those awards vested.
Which LMAT equity awards triggered the release of dividend equivalent rights?
The dividend equivalent rights were released in connection with the vesting of a restricted stock unit award and a performance stock unit award, both originally granted on 12/12/2022.
Were any cash payments involved in the LeMaitre Vascular (LMAT) dividend equivalent rights settlement?
Yes. The filing states that any fractional shares from the dividend equivalent rights were settled in cash on each vesting date, resulting in a final balance of zero dividend equivalent rights.