LENSAR (LNSR) CEO receives 130,662 RSUs vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CURTIS NICHOLAS T reported acquisition or exercise transactions in this Form 4 filing.
LENSAR, Inc. reported that Chief Executive Officer Nicholas T. Curtis received a grant of 130,662 restricted stock units (RSUs) of common stock at no purchase price. Each RSU represents the right to receive one share of LENSAR common stock.
The RSUs vest in four substantially equal annual installments on each anniversary of the grant date, as long as he continues serving the company through each vesting date. After this award, Curtis directly holds 1,122,758 shares of LENSAR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CURTIS NICHOLAS T
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 130,662 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,122,758 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 130,662 RSUs
Transaction price per share: $0.0000 per share
Holdings after transaction: 1,122,758 shares
+1 more
4 metrics
RSUs granted
130,662 RSUs
Grant of restricted stock units to CEO on June 3, 2026
Transaction price per share
$0.0000 per share
Equity grant, no purchase price paid
Holdings after transaction
1,122,758 shares
Total common stock directly held after RSU award
Vesting schedule
4 annual installments
RSUs vest over four substantially equal yearly tranches
Key Terms
restricted stock units ("RSUs"), vest, grant date
3 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right"
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.
vest financial
"The RSUs vest in four (4) substantially equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant date financial
"annual installments on each anniversary of the grant date, subject to the Reporting Person's continued service"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did LENSAR (LNSR) CEO Nicholas T. Curtis receive in this Form 4?
LENSAR CEO Nicholas T. Curtis received a grant of 130,662 restricted stock units (RSUs). Each RSU represents a contingent right to one share of common stock, awarded as equity compensation rather than an open-market share purchase.
How do the 130,662 RSUs granted to the LENSAR CEO vest?
The 130,662 RSUs vest in four substantially equal annual installments. Vesting occurs on each anniversary of the grant date, and each installment is conditioned on Curtis continuing to serve LENSAR through the applicable vesting date.
What does each LENSAR RSU represent for Nicholas T. Curtis?
Each LENSAR restricted stock unit represents a contingent right to receive one share of LENSAR common stock. Shares are delivered only as the RSUs vest over time, aligning compensation with ongoing service to the company.
Was cash paid for the LENSAR CEO’s 130,662 RSU grant?
No cash was paid for the 130,662 RSUs; the per-share transaction price is reported as 0.0000. The award reflects equity-based compensation rather than a traditional stock purchase on the open market.