LeMaitre (NASDAQ: LMAT) director receives dividend equivalent rights awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEMAITRE VASCULAR INC director Bridget A. Ross reported compensation-related awards of dividend equivalent rights tied to existing equity grants. On March 26, 2026, she acquired several small blocks of dividend equivalent rights, each economically equivalent to one share of common stock and linked to prior restricted stock unit and performance share unit awards granted on December 8, 2023, December 6, 2024, and December 10, 2025. These rights vest proportionately with the underlying awards and reflect routine equity compensation accruals rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Ross Bridget A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 0.394 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.472 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.643 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.728 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 1.208 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 4.602 shares (Direct)
Footnotes (1)
- 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. 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. 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. 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. 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.
Key Figures
Dividend equivalent rights grant: 0.3941 rights
Dividend equivalent rights grant: 0.4720 rights
Dividend equivalent rights grant: 0.6426 rights
+2 more
5 metrics
Dividend equivalent rights grant
0.3941 rights
Grant on March 26, 2026, tied to prior award
Dividend equivalent rights grant
0.4720 rights
Grant on March 26, 2026, tied to prior award
Dividend equivalent rights grant
0.6426 rights
Grant on March 26, 2026, tied to prior award
Dividend equivalent rights grant
0.7276 rights
Grant on March 26, 2026, tied to prior award
Dividend equivalent rights grant
1.2077 rights
Grant on March 26, 2026, tied to prior award
Key Terms
Dividend Equivalent Rights, restricted stock unit award, performance share unit award, economic equivalent of one share, +1 more
5 terms
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 award financial
"These dividend equivalent rights accrued on a restricted stock unit award granted on 12/8/2023"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
vest proportionately financial
"and vest proportionately with such award"
FAQ
What did the LMAT Form 4 filed by Bridget A. Ross report?
The Form 4 reports that director Bridget A. Ross acquired several small blocks of dividend equivalent rights on March 26, 2026. These awards are tied to prior restricted stock and performance share unit grants and represent routine equity compensation accruals, not open-market trades.
Are the LMAT dividend equivalent rights in this Form 4 open-market purchases or sales?
They are not open-market purchases or sales. The filing shows grant/award acquisitions of dividend equivalent rights as part of existing equity awards. Each right tracks dividends and is the economic equivalent of one share of common stock, vesting with the underlying units.
What are dividend equivalent rights in the context of LMAT’s equity awards?
Dividend equivalent rights are compensation instruments that mirror the value of dividends on LMAT common stock. According to the filing, each is the economic equivalent of one share and accrues on restricted stock unit and performance share unit awards, vesting proportionately with those underlying grants.
Which prior equity awards generated the LMAT dividend equivalent rights for Bridget A. Ross?
The rights accrued on restricted stock unit and performance share unit awards granted on December 8, 2023, December 6, 2024, and December 10, 2025. The filing notes these dividend equivalents vest in step with each corresponding underlying award.
Does this LMAT Form 4 indicate any change in Bridget A. Ross’s trading behavior?
The Form 4 does not show trading behavior in the open market. All reported entries are coded as grant or award acquisitions of dividend equivalent rights, reflecting normal equity compensation mechanics rather than discretionary buying or selling of LMAT common stock.