STOCK TITAN
  1. Home
  2. Sec-filings
  3. LPTH
  4. [Form 4] Lightpath Technologies Inc Insider Trading Activity

LightPath Technologies Insider Awarded 19,355 RSUs – June 2025 Form 4

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

On 18 June 2025, LightPath Technologies (LPTH) director Steven E. Creviston filed a Form 4 detailing the receipt of 19,355 restricted stock units (RSUs) on 16 June 2025. The award, coded “A”, reflects a grant rather than an open-market purchase and carries no exercise price; each unit represents the right to receive one share of Class A common stock.

The RSUs vest on 20 November 2025, with immediate vesting if the director leaves the board. Following the transaction, Creviston beneficially owns 19,355 derivative securities, all held directly. The filing disclosed no sales or purchases of non-derivative equity and did not alter previously reported share ownership.

This appears to be a routine component of board compensation with negligible dilution given LightPath’s overall share count and therefore has limited immediate impact on the company’s valuation or governance profile.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine RSU grant to LPTH director; minimal dilution; neutral investor impact.

The Form 4 shows a standard equity compensation action: 19,355 RSUs awarded to director Steven E. Creviston. Transaction code “A” confirms it is a grant, not a market purchase, so cash outlay is zero and no valuation signal is implied. Vesting occurs on 20 Nov 2025, aligning director incentives with shareholders, but the share count involved is immaterial relative to LightPath’s float, limiting dilution concerns. With no concurrent sales or purchases, this filing does not suggest insider sentiment changes. Overall, the disclosure is governance-routine and should be viewed as neutral from a trading or valuation standpoint.

Insider CREVISTON STEVEN E
Role Director
Type Security Shares Price Value
Grant/Award Restricted stock units 19,355 $0.00 --
Holdings After Transaction: Restricted stock units — 19,355 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock. The restricted stock units vest November 20, 2025. Directors may elect to defer receipt of the shares to a future date. Any unvested restricted stock units will vest immediately upon the director leaving the board.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CREVISTON STEVEN E
(Last) (First) (Middle)
2603 CHALLENGER TECH COURT
SUITE 100
(Street)
ORLANDO FL 32826
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LIGHTPATH TECHNOLOGIES INC [ LPTH ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted stock units (1) 06/16/2025 A 19,355 (2) (2) Class A common stock 19,355 (1) 19,355 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
2. The restricted stock units vest November 20, 2025. Directors may elect to defer receipt of the shares to a future date. Any unvested restricted stock units will vest immediately upon the director leaving the board.
/s/ Natalie King, attorney-in-fact 06/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did LPTH disclose on Form 4 dated 18 June 2025?

Director Steven E. Creviston was granted 19,355 restricted stock units on 16 June 2025.

How many restricted stock units did Steven E. Creviston receive from LightPath Technologies (LPTH)?

He received 19,355 RSUs according to the filing.

When do the 19,355 RSUs awarded to LPTH's director vest?

The RSUs vest on 20 November 2025, or immediately if the director leaves the board.

Did the filing report any open-market share purchases or sales by Steven E. Creviston?

No. The Form 4 shows only a grant of RSUs and no sales or purchases of shares.

What is the ownership form of the newly reported RSUs?

All 19,355 RSUs are held directly by Steven E. Creviston.