LightPath CFO Albert Miranda gets 75,000 stock units

Q: How many LPTH restricted stock units did Albert Miranda receive?

Albert Miranda received a grant of 75,000 restricted stock units on March 23, 2026. Each unit represents a contingent right to receive one share of Class A common stock.

The 75,000 units vest equally over three years, with the first vesting on March 23, 2027.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

LightPath Technologies (LPTH) CFO Albert Miranda was granted 75,000 restricted stock units on March 23, 2026. Each unit represents a contingent right to receive one share of Class A common stock. The units vest equally over three years, with the first vesting on March 23, 2027.

Insider Trade Summary

Grant/Award: 75,000 shares

Grant/Award 1 txn

Insider Miranda Albert

Role CFO

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy) ^{F1, F2}	75,000	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 75,000 contracts (Direct)

Footnotes (2)

F1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F2. The restricted stock units vest equally over a three-year period, with the first vesting on March 23, 2027.

Key Figures

Restricted stock units granted: 75,000 restricted stock units Shares per restricted stock unit: 1 share of Class A common stock Vesting period: 3 years +1 more

4 metrics

Restricted stock units granted 75,000 restricted stock units Granted to Albert Miranda on March 23, 2026

Shares per restricted stock unit 1 share of Class A common stock Each unit represents a contingent right to receive one share

Vesting period 3 years Units vest equally over the period

First vesting date March 23, 2027 First vesting of the restricted stock units

Key Terms

restricted stock unit, performance-based options, adjusted EBITDA, Section 16 reporting

4 terms

restricted stock unit financial

"Each restricted stock unit represents a contingent right to receive one share"

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.

performance-based options financial

"performance-based options (the "Options") granted to Mr. Miranda"

adjusted EBITDA financial

"revenue and adjusted EBITDA targets"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

Section 16 reporting regulatory

"currently subject to Section 16 reporting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LPTH restricted stock units did Albert Miranda receive?

Albert Miranda received a grant of 75,000 restricted stock units on March 23, 2026. Each unit represents a contingent right to receive one share of Class A common stock.

What performance targets apply to Albert Miranda's LPTH options?

The performance-based options described in LightPath's multi-year equity compensation program are based on revenue and adjusted EBITDA targets, which have not been achieved. Only the RSUs reflected in the transaction were currently subject to Section 16 reporting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 10/19/2026 - 07:39 PM EDT Accepted by SEC EDGAR 10/19/2026 - 07:39 PM EDT

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^*

Miranda Albert

(Last)

(First)

(Middle)

2603 CHALLENGER TECH COURT

SUITE 100

(Street)

ORLANDO

FLORIDA

32826

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LIGHTPATH TECHNOLOGIES INC [ LPTH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	⁽¹⁾	03/23/2026		A		75,000		⁽²⁾	⁽²⁾	Class A Common Stock	75,000	⁽¹⁾	75,000	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 equally over a three-year period, with the first vesting on March 23, 2027.

Remarks:

In March 2026, the Board approved a multi-year equity compensation program consisting of service-based restricted stock units (the "RSUs") and performance-based options (the "Options") granted to Mr. Miranda intended to align executive compensation with long-term stockholder value creation and incentivize extraordinary growth in revenue and adjusted EBITDA relative to our historical growth rates. Only the RSUs reflected above are currently subject to Section 16 reporting because the Options have performance vesting criteria, which are based on revenue and adjusted EBITDA targets, have not been achieved.

	/s/ Natalie King, attorney-in-fact	10/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR