LENSAR, Inc. (LNSR) director receives 17,421 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LINK WILLIAM J PHD reported acquisition or exercise transactions in this Form 4 filing.
LENSAR, Inc. director William J. Link, Ph.D. received a grant of 17,421 restricted stock units (RSUs) of common stock on June 3, 2026 as part of his annual non-employee director compensation. Each RSU represents a contingent right to one share of common stock and will vest in full on June 3, 2027, if he continues serving the company through that date. The RSUs will be settled in shares upon the earliest of his termination of service, a change in control of the company, or his death or disability. Following this grant, his direct holdings reported in this filing total 568,062 shares and RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LINK WILLIAM J PHD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,421 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 568,062 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 17,421 RSUs
Grant price per unit: $0.00 per RSU
Post-grant holdings: 568,062 shares and RSUs
+1 more
4 metrics
RSU grant size
17,421 RSUs
Granted June 3, 2026 to director William J. Link
Grant price per unit
$0.00 per RSU
Equity award under non-employee director compensation program
Post-grant holdings
568,062 shares and RSUs
Direct holdings reported following the transaction
Vesting date
June 3, 2027
RSUs vest in full if service continues through this date
Key Terms
restricted stock units ("RSUs"), change in control, non-employee director compensation program
3 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"will be settled upon the earliest to occur of (a) the Reporting Person's termination of service, (b) a change in control of the Company..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
non-employee director compensation program financial
"The RSUs were granted in accordance with the Issuer's non-employee director compensation program..."
FAQ
What did LNSR director William J. Link receive in this Form 4 filing?
William J. Link, a director of LENSAR, Inc., received 17,421 restricted stock units (RSUs) of common stock. These RSUs are part of his annual non-employee director compensation and each unit represents a contingent right to receive one share of LENSAR common stock.
When do William J. Link’s 17,421 LNSR RSUs vest and settle?
The 17,421 RSUs granted to William J. Link vest in full on June 3, 2027, if he continues serving LENSAR. They will be settled in shares upon the earliest of his service termination, a change in control, or his death or disability.
Is William J. Link’s LNSR RSU grant an open-market purchase or sale?
The 17,421 RSUs reported are a grant classified as a “Grant, award, or other acquisition,” not an open-market purchase or sale. They were issued at a price of $0.00 per unit as part of his non-employee director compensation program.
Why did LENSAR grant 17,421 RSUs to director William J. Link?
LENSAR granted 17,421 RSUs to director William J. Link in accordance with its non-employee director compensation program. The award represents a component of his annual compensation for service to the company’s board, aligning his interests with shareholders through equity-based incentives.