Lightwave Logic (LWLG) files to sell 250,000 shares via option exercise

Rhea-AI Filing Summary

Lightwave Logic submitted a Form 144 notice proposing the sale of 250,000 shares of Common Stock on 03/18/2026 by means described as an Option Exercise. The broker listed is UBS Financial Services Inc. (1000 Harbor Blvd, Weehawken, NJ).

The filing also reports prior sales by James Marcelli: 329,355 shares on 03/11/2026 and 90,000 shares on 02/17/2026. The trading method for the proposed sale is shown as Wire.

Insights

Securities Counsel

Form 144 notifies the market of a proposed sale under Rule 144; timing and method are disclosed.

Form 144 is a statutory notice that a holder intends to sell restricted or control securities. The filing here lists 250,000 shares via Option Exercise on 03/18/2026 and identifies the broker as UBS Financial Services Inc..

Execution, clearance, and compliance with Rule 144 conditions (holding period, volume limitations) remain necessary; this notice does not confirm completion. Subsequent trade reports will show whether and how the sale was executed.

Equity Markets Analyst

The notice indicates incremental insider selling activity; prior sales in February–March are also reported.

The excerpt shows prior dispositions by James Marcelli of 329,355 shares on 03/11/2026 and 90,000 shares on 02/17/2026, with accompanying share counts reported after those trades. These are factual disclosures of transactions, not performance commentary.

Market impact depends on execution details and share float; this filing alone does not indicate whether sales complete or their price levels.

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	250000	1253692	145555625	03/18/2026	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	03/18/2026	Option Exercise	Lightwave Logic			250000	03/18/2026	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 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	03/11/2026	329355	2330996
James Marcelli 369 Inverness Pkwy Suite 350 Englewood CO 80112	Common	02/17/2026	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 Form 144 disclose?

It discloses a proposed sale of 250,000 Common shares via Option Exercise on 03/18/2026. The filing names UBS Financial Services Inc. as the broker and lists prior sales by James Marcelli in February and March 2026.

Who is the selling broker for the proposed sale in LWLG's Form 144?

The filing lists UBS Financial Services Inc. (1000 Harbor Blvd, Weehawken, NJ) as the broker. The method shown for the proposed sale is a Wire transaction on 03/18/2026.

What prior sales by insiders are shown in the filing for LWLG?

The document reports 329,355 shares sold on 03/11/2026 and 90,000 shares sold on 02/17/2026 by James Marcelli. Each sale entry is followed by a numeric holding figure in the excerpt.

Does the Form 144 confirm the sale was completed?

No, Form 144 is a notice of intent and does not confirm execution. It lists a proposed sale date (03/18/2026) and method; completion and pricing would appear in subsequent trade reports or filings.

What method of sale is indicated for the 250,000 shares?

The filing explicitly states the method as an Option Exercise with distribution shown as a Wire on 03/18/2026. No further sale venues or pricing details are provided in the excerpt.