LENSAR (NASDAQ: LNSR) COO tax share withholding detailed in Form 4 filing
Rhea-AI Filing Summary
LENSAR, Inc. Chief Operating Officer Alan B. Connaughton reported a routine insider transaction involving company common stock. On 01/11/2026, 2,262 shares of common stock were withheld by the issuer at a price of $11.57 per share to satisfy tax withholding obligations related to the vesting of restricted stock units, rather than being sold in the open market. Following this tax withholding event, Connaughton beneficially owns 359,461 shares of LENSAR common stock in direct ownership.
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FAQ
What insider transaction did LENSAR (LNSR) report for Alan B. Connaughton?
The filing shows that Chief Operating Officer Alan B. Connaughton had 2,262 shares of LENSAR common stock withheld on 01/11/2026 to cover tax obligations tied to restricted stock unit vesting.
What was the price per share for the LENSAR (LNSR) shares withheld?
The 2,262 shares of LENSAR common stock were withheld at a price of $11.57 per share as part of the tax withholding transaction.
How many LENSAR (LNSR) shares does Alan B. Connaughton own after this Form 4 transaction?
After the reported tax withholding, Alan B. Connaughton beneficially owns 359,461 shares of LENSAR common stock in direct ownership.
What does the transaction code "F" mean in the LENSAR (LNSR) Form 4?
The transaction code "F" indicates that shares were withheld by the issuer to satisfy tax withholding obligations, in this case related to vesting of restricted stock units.
Was the LENSAR (LNSR) insider transaction a market sale by the COO?
No. The footnote explains that the 2,262 shares were withheld by the issuer to pay taxes on vested restricted stock units, not sold in an open market transaction.
What role does Alan B. Connaughton hold at LENSAR (LNSR)?
Alan B. Connaughton is reported as an officer of LENSAR, serving as the company’s Chief Operating Officer.