Lightwave Logic (LWLG) insider sale notice: 115,000 shares listed on Form 144

Rhea-AI Filing Summary

Lightwave Logic submitted a Form 144 notice to sell 115,000 shares of common stock, listed as resulting from an option exercise and dated 03/24/2026. The filing also discloses recent dispositions in the prior three months: 250,000 shares on 03/18/2026, 329,355 shares on 03/12/2026, and 90,000 shares on 02/14/2026.

Insights

Corporate Counsel (Securities Compliance)

Form 144 notifies the market of proposed insider sales and matches required disclosure practice.

The filing lists a proposed sale of 115,000 common shares dated 03/24/2026, described as arising from an option exercise. It also itemizes three prior dispositions within three months totaling 669,355 shares on specific dates.

These disclosures fulfill Section 144 notice requirements; timing, method of sale, and broker routing are specified in the excerpt. Subsequent public trading activity will depend on holder decisions and any Rule 144 volume/holding-period constraints.

Equity Markets Analyst

Aggregate recent insider sales are sizable in absolute terms but require context from outstanding shares.

The excerpt shows recent dispositions of 250,000, 329,355, and 90,000 shares plus the proposed 115,000 sale. The filing lists dollar amounts adjacent to earlier trades (e.g., $1,657,500 for 03/18/2026), indicating price information for those transactions.

Assessing market impact needs shares outstanding or float data not present in the excerpt; subsequent trading reports or a Form 4/144 updates will clarify execution and proceeds.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	115000	842814	145555625	03/24/2026	NSDQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/24/2026	option exercise	Lightwave Logic			115000	03/24/2026	wire

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
James Marcelli c/o Lightwave Logic, 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	03/18/2026	250000	1657500
James Marcelli c/o Lightwave Logic, 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	03/12/2026	329355	2330996
James Marcelli c/o Lightwave Logic, 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	02/14/2026	90000	302062

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Lightwave Logic's (LWLG) Form 144 disclose?

It discloses a proposed sale of 115,000 common shares dated 03/24/2026. The filing also lists three prior dispositions totaling 669,355 shares on 02/14/2026, 03/12/2026, and 03/18/2026.

Who appears as the seller in LWLG's Form 144 entries?

The excerpt identifies James Marcelli and a broker entry for UBS Financial Services Inc. Specific broker routing for the 115,000-share sale is listed as wire on 03/24/2026.

Were prices or proceeds included in the Lightwave Logic excerpt?

Yes; the filing lists proceeds next to recent trades, for example $1,657,500 for 250,000 shares on 03/18/2026 and $2,330,996 for 329,355 shares on 03/12/2026, as shown in the excerpt.

Does the Form 144 confirm the 115,000 shares were already sold?

No. The Form 144 entry for 115,000 shares is a notice of proposed sale dated 03/24/2026 and is described as resulting from an option exercise; execution is subject to sale mechanics and timing.

How does a Form 144 relate to Rule 144 resale requirements for LWLG?

A Form 144 is a required notice when an affiliate intends to resell restricted or control securities. The filing here serves as that legal notice; compliance with holding periods and volume limitations is governed by Rule 144 provisions not detailed in the excerpt.