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LeMaitre director granted dividend share rights

A LeMaitre Vascular director received multiple small dividend equivalent right credits linked to prior equity awards, outside any Rule 10b5-1 plan.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LEMAITRE VASCULAR INC (symbol: LMAT) is the issuer of record for a Form 4 filing submitted to the SEC. Pellegrino Joseph P JR reported acquisition or exercise transactions in this Form 4 filing.

LEMAITRE VASCULAR INC (LMAT) reported that director Joseph P. Pellegrino, Jr. received several small awards of dividend equivalent rights on September 3, 2026, each tied to previously granted restricted stock unit and performance share unit awards. Each right is the economic equivalent of one share of common stock and vests proportionately with the underlying award.

Positive

  • None.

Negative

  • None.
Insider Pellegrino Joseph P JR
Role Director
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights F1 2.1262 $0.00 $0.00
Grant/Award Dividend Equivalent Rights F2 2.1262 $0.00 $0.00
Grant/Award Dividend Equivalent Rights F3 3.6322 $0.00 $0.00
Grant/Award Dividend Equivalent Rights F4 4.3524 $0.00 $0.00
Grant/Award Dividend Equivalent Rights F5 3.9442 $0.00 $0.00
Grant/Award Dividend Equivalent Rights F6 4.4688 $0.00 $0.00
Grant/Award Dividend Equivalent Rights F7 1.6637 $0.00 $0.00
Holdings After Transaction: Dividend Equivalent Rights — 162.9777 contracts (Direct)
Footnotes (7)
  1. F1. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
  2. F2. These dividend equivalent rights accrued on a performance share unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
  3. F3. 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.
  4. F4. 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.
  5. F5. 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.
  6. F6. 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.
  7. F7. 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.
Dividend equivalent rights grant 1 2.1262 rights Grant of dividend equivalent rights on September 3, 2026, tied to a restricted stock unit award granted on December 12, 2022
Dividend equivalent rights grant 2 2.1262 rights Grant of dividend equivalent rights on September 3, 2026, tied to a performance share unit award granted on December 12, 2022
Dividend equivalent rights grant 3 3.6322 rights Grant on September 3, 2026, tied to a restricted stock unit award granted on December 8, 2023
Dividend equivalent rights grant 4 4.3524 rights Grant on September 3, 2026, tied to a performance share unit award granted on December 8, 2023
Dividend equivalent rights grant 5 3.9442 rights Grant on September 3, 2026, tied to a restricted stock unit award granted on December 6, 2024
Dividend equivalent rights grant 6 4.4688 rights Grant on September 3, 2026, tied to a performance share unit award granted on December 6, 2024
Dividend equivalent rights grant 7 1.6637 rights Grant on September 3, 2026, tied to a restricted stock unit award granted on December 10, 2025
Dividend equivalent rights financial
"These dividend equivalent rights accrued on a restricted stock unit award"
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 financial
"accrued on a restricted stock unit award granted on 12/12/2022"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
performance share unit financial
"accrued on a performance share unit award granted on 12/12/2022"
A performance share unit (PSU) is a form of executive or employee pay that promises shares (or the cash value of shares) only if the company meets specific performance targets over a set period. Think of it like a bonus cheque that only arrives if the company hits agreed goals — it aligns managers’ rewards with business results and signals to investors how leadership is being incentivized to grow value over time.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
vest proportionately financial
"and vest proportionately with such award"

FAQ

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

What insider activity did LMAT disclose for Joseph P. Pellegrino, Jr.?

LMAT disclosed that director Joseph P. Pellegrino, Jr. was granted multiple small amounts of dividend equivalent rights on September 3, 2026, all as grant or award acquisitions tied to existing equity awards, not open‑market trades.

What securities were involved in the September 3, 2026 LMAT Form 4?

The Form 4 reports dividend equivalent rights, each described as the economic equivalent of one share of LMAT common stock. These are derivative awards that accrue on existing restricted stock unit and performance share unit grants.

How many dividend equivalent rights were granted to the LMAT director in each transaction?

On September 3, 2026, the director received separate grants of 2.1262, 2.1262, 3.6322, 4.3524, 3.9442, 4.4688, and 1.6637 dividend equivalent rights, each at a stated price of $0.0000 per right.

Are the LMAT dividend equivalent rights linked to specific prior award dates?

Yes. Footnotes state these rights accrued on RSU or PSU awards originally granted on December 12, 2022, December 8, 2023, December 6, 2024, and December 10, 2025, and that they vest proportionately with those underlying awards.

Do the LMAT dividend equivalent rights vest immediately or over time?

They vest proportionately with the underlying awards. For each RSU or PSU grant referenced, the dividend equivalent rights follow the same vesting schedule as that award, rather than vesting immediately.

Was the LMAT director’s Form 4 filed under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and the transactions are described as grant, award, or other acquisition of dividend equivalent rights, not trades executed under a pre‑arranged plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Pellegrino Joseph P JR

(Last)(First)(Middle)
C/O LEMAITRE VASCULAR, INC.
63 SECOND AVENUE

(Street)
BURLINGTON MASSACHUSETTS 01803

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEMAITRE VASCULAR INC [ LMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)09/03/2026A2.1262 (1) (1)Common Stock2.1262$025.4682D
Dividend Equivalent Rights(2)09/03/2026A2.1262 (2) (2)Common Stock2.1262$024.7852D
Dividend Equivalent Rights(3)09/03/2026A3.6322 (3) (3)Common Stock3.6322$030.34D
Dividend Equivalent Rights(4)09/03/2026A4.3524 (4) (4)Common Stock4.3524$032.3815D
Dividend Equivalent Rights(5)09/03/2026A3.9442 (5) (5)Common Stock3.9442$022.6745D
Dividend Equivalent Rights(6)09/03/2026A4.4688 (6) (6)Common Stock4.4688$023.0295D
Dividend Equivalent Rights(7)09/03/2026A1.6637 (7) (7)Common Stock1.6637$04.2988D
Explanation of Responses:
1. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
2. These dividend equivalent rights accrued on a performance share unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
/s/ Douglas G. Bush, Attorney-in-fact09/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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