Lightwave Logic director exercises 20,161 RSUs
Lightwave Logic, Inc. director Craig Ciesla exercised restricted stock units into common shares as part of an equity award vesting.
Rhea-AI Filing Summary
Lightwave Logic, Inc. director Craig Ciesla exercised restricted stock units into common shares as part of an equity award vesting. On March 31, 2026, 20,161 restricted stock units converted into 20,161 shares of common stock at a price of $0.00 per share. After this transaction, Ciesla directly held 129,824 shares of Lightwave Logic common stock, reflecting a routine compensation-related equity acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,161 shares
Net Buy
2 txns
Insider
Ciesla Craig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 20,161 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,161 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 129,824 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- F2. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and March 31, 2026.
Key Figures
RSUs exercised: 20,161 units
Shares received: 20,161 shares
Post-transaction holdings: 129,824 shares
+3 more
6 metrics
RSUs exercised
20,161 units
Restricted stock units converted on March 31, 2026
Shares received
20,161 shares
Common stock issued from RSU conversion on March 31, 2026
Post-transaction holdings
129,824 shares
Common stock directly held by Craig Ciesla after transaction
Exercise price
$0.00 per share
Price per share for RSU conversion into common stock
RSU vesting on July 15, 2025
20,162 units
First tranche of RSUs vested under 2025 Equity Incentive Plan
Subsequent vesting tranches
20,161 units each date
RSUs vested on Sept 30, 2025; Dec 31, 2025; Mar 31, 2026
Key Terms
Restricted Stock Unit, RSU, 2025 Equity Incentive Plan
3 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents the contingent right to receive..."
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.
RSU financial
"20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each..."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
2025 Equity Incentive Plan financial
"Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan."
FAQ
What insider transaction did Lightwave Logic (LWLG) director Craig Ciesla report?
Craig Ciesla reported the exercise of 20,161 restricted stock units into 20,161 shares of Lightwave Logic common stock. The transaction occurred on March 31, 2026 and reflects the vesting and settlement of previously granted equity compensation rather than an open-market trade.
Was the Lightwave Logic (LWLG) Form 4 transaction a buy or sell in the market?
The Form 4 does not show an open-market buy or sell. It records a derivative exercise, where 20,161 restricted stock units converted into common shares at $0.00 per share, consistent with equity awards vesting, rather than a discretionary purchase or sale on the open market.
What is the vesting schedule of Craig Ciesla’s Lightwave Logic (LWLG) RSU grant?
The RSU grant under Lightwave Logic’s 2025 Equity Incentive Plan vests in four tranches: 20,162 restricted stock units vested on July 15, 2025 and 20,161 units vested on each of September 30, 2025, December 31, 2025 and March 31, 2026, according to the filing footnotes.
What type of security was involved in Craig Ciesla’s Lightwave Logic (LWLG) Form 4?
The transaction involved restricted stock units that settled into common stock. Each restricted stock unit represents the contingent right to receive one share of Lightwave Logic common stock upon vesting, and 20,161 units converted into 20,161 common shares on March 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
