LeMaitre Vascular director reports share gains from dividend rights
A LeMaitre Vascular Inc. director reported stock transactions tied to dividend equivalent rights that vested on 12/12/2025.
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Rhea-AI Filing Summary
A LeMaitre Vascular Inc. director reported stock transactions tied to dividend equivalent rights that vested on 12/12/2025. The director acquired 5 shares of common stock in each of two transactions at a price of $0 per share, reflecting the release of dividend equivalent rights on a one-for-one basis into common stock.
Following these transactions, the director beneficially owned 62,350 shares of LeMaitre Vascular common stock directly. The derivative positions shown were dividend equivalent rights linked to restricted stock unit and performance stock unit awards granted on 12/12/2022, each right being the economic equivalent of one share. After vesting, the number of these derivative rights was reduced to zero, with any fractional shares settled in cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 5 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights | 5 | $0.00 | $0.00 |
| Exercise | Common Stock | 5 | $0.00 | $0.00 |
| Exercise | Common Stock | 5 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
- F2. 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.
- F3. Fractional shares (if any) were settled in cash on each vesting date, resulting in a final balance of zero.
- F4. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LMAT report in this Form 4?
A director of LeMaitre Vascular Inc. (LMAT) reported acquiring common stock on 12/12/2025 when dividend equivalent rights vested and converted into shares at $0 per share.
What are the dividend equivalent rights mentioned for LMAT?
The filing describes dividend equivalent rights where each right is the economic equivalent of one share of LeMaitre Vascular common stock and converts into shares when related awards vest.
Which LMAT equity awards were tied to these 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 granted on 12/12/2022.
What happened to the LMAT dividend equivalent rights balance after vesting?
After the vesting transactions on 12/12/2025, the number of dividend equivalent rights was reduced to zero, with any fractional shares settled in cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.