Lightwave Logic (LWLG) CEO logs tax share withholding on RSU vesting

Rhea-AI Filing Summary

Lightwave Logic, Inc.’s CEO Yves Le Maitre reported a routine share withholding to cover taxes on vested stock awards. On the March 12, 2026 vesting of restricted stock units, 294,968 shares of common stock were withheld at $7.08 per share to pay withholding taxes. After this tax-withholding disposition, he directly holds 2,210,953 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Le Maitre Yves

Role CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	294,968	$7.08	$2.09M

Holdings After Transaction: Common Stock — 2,210,953 shares (Direct)

Footnotes (1)

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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^*

Le Maitre Yves

(Last) (First) (Middle)

369 INVERNESS PARKWAY

SUITE 350

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Lightwave Logic, Inc. [ LWLG ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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
Common Stock	03/12/2026		F		294,968(1)	D	$7.08	2,210,953	D

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

Explanation of Responses:

1. Represents shares withheld by the Issuer in connection with a net settlement of the March 12, 2026 vesting of restricted stock units. Shares were withheld for the payment of withholding taxes.

	/s/ Yves Le Maitre	03/13/2026
	** 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.

FAQ

What did Lightwave Logic (LWLG) CEO Yves Le Maitre report in this Form 4?

Yves Le Maitre reported a tax-related share disposition tied to vested restricted stock units. The company withheld 294,968 common shares on March 12, 2026 to pay withholding taxes, rather than executing an open-market sale of those shares.

How many Lightwave Logic shares were withheld for taxes and at what price?

The issuer withheld 294,968 shares of Lightwave Logic common stock for tax purposes. These shares were valued at $7.08 per share in connection with the March 12, 2026 vesting of restricted stock units granted to CEO Yves Le Maitre.

Does this Lightwave Logic Form 4 show an open-market sale by the CEO?

The filing does not show an open-market sale by the CEO. Instead, shares were withheld by the company to satisfy tax obligations from restricted stock unit vesting, which is a standard, non-discretionary compensation-related mechanism distinct from voluntary market selling.

How many Lightwave Logic shares does the CEO hold after this tax withholding?

After the tax-withholding disposition, Yves Le Maitre directly holds 2,210,953 shares of Lightwave Logic common stock. This figure reflects his position following the 294,968 shares withheld by the issuer for taxes on the March 12, 2026 restricted stock unit vesting.

What is the nature of the equity involved in this Lightwave Logic CEO transaction?

The transaction is tied to restricted stock units that vested on March 12, 2026. When these units vested, the issuer net-settled the award by withholding 294,968 common shares to cover tax liabilities, rather than requiring a separate cash payment from the CEO.