LeMaitre director acquires dividend-equivalent rights
LMAT director Lawrence J. Jasinski received additional dividend equivalent rights tied to prior equity awards, economically mirroring common stock.
Rhea-AI Filing Summary
LeMaitre Vascular Inc (LMAT) director Lawrence J. Jasinski reported the acquisition of several small blocks of Dividend Equivalent Rights on September 3, 2026. These rights accrued on previously granted restricted stock unit and performance share unit awards and are the economic equivalent of LeMaitre common shares, vesting proportionately with the underlying awards. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4.7443 shares
Grant/Award
5 txns
Insider
Jasinski Lawrence J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 0.5429 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F2 | 0.6503 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F3 | 0.8852 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F4 | 1.0022 | $0.00 | $0.00 |
| Grant/Award | Dividend Equivalent Rights F5 | 1.6637 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 26.0982 contracts (Direct)
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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 acquired (RSU-related, 2023 grant): 0.5429 rights
Dividend Equivalent Rights acquired (PSU-related, 2023 grant): 0.6503 rights
Dividend Equivalent Rights acquired (RSU-related, 2024 grant): 0.8852 rights
+2 more
5 metrics
Dividend Equivalent Rights acquired (RSU-related, 2023 grant)
0.5429 rights
Accrued on a restricted stock unit award granted on December 8, 2023; reported September 3, 2026
Dividend Equivalent Rights acquired (PSU-related, 2023 grant)
0.6503 rights
Accrued on a performance share unit award granted on December 8, 2023; reported September 3, 2026
Dividend Equivalent Rights acquired (RSU-related, 2024 grant)
0.8852 rights
Accrued on a restricted stock unit award granted on December 6, 2024; reported September 3, 2026
Dividend Equivalent Rights acquired (PSU-related, 2024 grant)
1.0022 rights
Accrued on a performance share unit award granted on December 6, 2024; reported September 3, 2026
Dividend Equivalent Rights acquired (RSU-related, 2025 grant)
1.6637 rights
Accrued on a restricted stock unit award granted on December 10, 2025; reported September 3, 2026
Key Terms
Dividend Equivalent Rights, restricted stock unit, performance share unit, economic equivalent, +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 financial
"accrued on a restricted stock unit award granted on 12/8/2023"
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
common stock financial
"economic equivalent of one share of the Issuer's common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LMAT director Lawrence J. Jasinski report?
He reported the acquisition of Dividend Equivalent Rights on September 3, 2026. These rights accrued on previously granted restricted stock unit and performance share unit awards and are the economic equivalent of one share of LeMaitre common stock for each right, vesting with the underlying awards.
How many Dividend Equivalent Rights did Lawrence J. Jasinski acquire in this LMAT Form 4?
The filing lists several separate acquisitions, including 0.5429, 0.6503, 0.8852, 1.0022, and 1.6637 Dividend Equivalent Rights, each tied to a different prior equity award. Each right is the economic equivalent of one share of LMAT common stock.
What are Dividend Equivalent Rights reported in LMAT’s Form 4?
The filing states that each Dividend Equivalent Right is the economic equivalent of one share of LeMaitre common stock. They accrued on existing restricted stock unit and performance share unit awards and will vest proportionately with those underlying awards instead of as standalone grants.
Are the LMAT Dividend Equivalent Rights subject to vesting conditions?
Yes. For each transaction, the filing notes that the Dividend Equivalent Rights vest proportionately with the related restricted stock unit or performance share unit award granted on December 8, 2023, December 6, 2024, or December 10, 2025, as applicable.
Did LeMaitre Vascular or Lawrence J. Jasinski report using a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that these transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
Do the Dividend Equivalent Rights for LMAT have a purchase price?
No. Each reported acquisition of Dividend Equivalent Rights shows a transaction price per right of $0.0000, indicating they were awarded in connection with prior equity grants rather than purchased in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.