Lightwave Logic: Form 144 lists recent affiliate share sales

Lightwave Logic filed a Form 144 reporting proposed and recent sales of Common Stock by James Marcelli.

Rhea-AI Filing Summary

Lightwave Logic filed a Form 144 reporting proposed and recent sales of Common Stock by James Marcelli. The notice lists a 100,000-share lot via UBS Financial Services and shows recent dispositions of 02/14/2026 (90,000 shares), 03/12/2026 (329,355 shares), 03/18/2026 (250,000 shares) and 03/24/2026 (115,000 shares). The filing identifies UBS Financial Services, Inc. as a broker and includes addresses for the reporting person.

Insights

Securities Compliance Attorney

Form 144 is a regulatory notice of proposed sales, not a registration or company action.

Form 144 provides a statutory notice under the Securities Act for proposed sales by an affiliate. The listed transactions and proposed 100,000-share lot are routine disclosures required when affiliates intend to sell restricted or control securities.

Timing and cash‑flow treatment are not specified beyond the broker name UBS Financial Services; subsequent filings would show actual market sales or aggregated proceeds. Review future Form 4/transaction reports for completed sales.

FAQ

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

It discloses proposed and recent affiliate sales of Common Stock by James Marcelli. The notice lists a proposed 100,000-share lot via UBS Financial Services and recent dispositions on 02/14/2026, 03/12/2026, 03/18/2026, and 03/24/2026 with the amounts shown.

How many shares does the Form 144 list as a proposed sale for LWLG?

The filing lists a 100,000-share lot associated with UBS Financial Services. That 100,000 figure appears under the securities-to-be-sold section alongside broker information and is presented as a proposed transaction.

Which recent sales by James Marcelli are reported in the LWLG excerpt?

Reported recent dispositions include 90,000; 329,355; 250,000; and 115,000 shares. These sales are dated 02/14/2026, 03/12/2026, 03/18/2026, and 03/24/2026, respectively, as shown in the excerpt.

Does the Form 144 state who is the broker for the proposed sales?

Yes. UBS Financial Services, Inc. is named as the broker for the 100,000-share lot. The filing lists UBS Financial Services at an address in Weehawken, NJ alongside the 100,000 figure and an exchange code (NSDQ).

Is Form 144 a sale confirmation for LWLG shares?

No. Form 144 is a notice of proposed sale, not confirmation of completed sales. The excerpt lists proposed and recent transactions; completed sales would be documented in trade confirmations or subsequent regulatory reports.

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

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Accepted by SEC EDGAR 03/25/2026 - 04:49 PM Learn about SEC filing dates

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	0001442479
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Lightwave Logic
SEC File Number	001-40766
Address of Issuer	369 Inverness Pkwy Suite 350 Englewood COLORADO 80112
Phone	7203404949
Name of Person for Whose Account the Securities are To Be Sold	James Marcelli
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	Officer

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	100000	875000	145555625	03/25/2026	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	12/31/2025	RSU Vesting	Lightwave Logic			100000	12/31/2025	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 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	03/24/2026	115000	842814
James Marcelli 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	03/12/2026	329355	2330996
James Marcelli 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	02/14/2026	90000	302062
James Marcelli 359 Inverness Pkwy Suite 350 Englewood CO 80112	Common	03/18/2026	250000	1657500

144: Remarks and Signature

Remarks
Date of Notice	03/25/2026
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	/s/Mijo Suric, for UBS Financial Services Inc, as attorney-in-fact for James Marcelli
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)