LeMaitre Vascular (NASDAQ: LMAT) insider details dividend rights release
Rhea-AI Filing Summary
LeMaitre Vascular, Inc. reported insider equity transactions by its president and director dated 12/11/2025 and 12/12/2025. The reporting person acquired small amounts of common stock at $0 per share through the release of dividend equivalent rights tied to earlier restricted and performance stock unit awards. On those same dates, the issuer withheld 297 and 302 shares on multiple transactions to cover tax withholding obligations triggered by the vesting of awards granted on 12/11/2021 and 12/12/2022. After all reported activity, the insider directly owned 22,251 shares of LeMaitre Vascular common stock.
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FAQ
What insider activity did LeMaitre Vascular (LMAT) report in this Form 4?
The filing shows a LeMaitre Vascular president and director acquiring small amounts of common stock via released dividend equivalent rights and having shares withheld to cover taxes on vesting equity awards on 12/11/2025 and 12/12/2025.
How many LMAT shares does the insider own after these transactions?
Following the reported transactions, the insider directly owned 22,251 shares of LeMaitre Vascular common stock.
Why were 297 and 302 LMAT shares withheld from the insider?
The filing states that 297 shares on 12/11/2025 and 302 shares on 12/12/2025 in two separate transactions were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock units and performance stock units awarded in 2021 and 2022.
What are dividend equivalent rights in this LMAT insider report?
The document explains that the reported dividend equivalent rights are each the economic equivalent of one share of LeMaitre Vascular common stock and were released in connection with the vesting of prior restricted stock unit and performance stock unit awards.
What derivative securities activity is disclosed for the LMAT insider?
The insider reported the release of dividend equivalent rights covering 25 shares on 12/11/2025 and 18 shares on two separate entries dated 12/12/2025, all at an exercise price of $0, corresponding to underlying common stock.
Are the share withholdings in this LMAT filing treated as exempt transactions?
The filing notes that the share withholdings to satisfy tax obligations upon vesting of restricted stock units and performance stock units are considered exempt sales under Rule 16b-3(e) under the Securities Exchange Act of 1934.