Lightwave Logic (LWLG) director discloses RSU conversions and share ownership

Rhea-AI Filing Summary

Lightwave Logic, Inc. director Ronald A. Bucchi reported equity compensation activity involving restricted stock units and common stock. On December 31, 2025, 20,161 restricted stock units were settled into 20,161 shares of common stock at an exercise price of $0.00 per share, coded as an "M" transaction. Following this transaction, he beneficially owned 205,744 shares of common stock directly and 3,000 shares indirectly through his spouse.

The filing explains that each RSU converts into one share of common stock upon vesting and describes awards under the company’s 2016 and 2025 Equity Incentive Plans. One restricted stock award includes 23,511 shares of common stock, with 3,931 shares that vested on June 18, 2024 and the remainder vesting in 10 equal quarterly installments beginning July 1, 2024, subject to continued service. A separate 2025 RSU grant provides 20,162 RSUs that vested on July 15, 2025, 20,161 shares that vested on each of September 30, 2025 and December 31, 2025, and 20,161 shares scheduled to vest on March 31, 2026, also subject to continued service and forfeiture of unvested portions.

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

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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^*

Bucchi Ronald A

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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	12/31/2025		M		20,161	A	(1)	205,744(2)	D
Common Stock								3,000	I	By Spouse

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
Restricted Stock Unit	(1)	12/31/2025		M			20,161	(3)	(3)	Common Stock	20,161	$0.00	20,161	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.

2. Includes 23,511 shares of common stock issued pursuant to a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 3,931 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture,

3. 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 20,161 shares will vest on March 31, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture.

	/s/ Ronald A. Bucchi	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Lightwave Logic (LWLG) report in this Form 4?

The Form 4 reports that director Ronald A. Bucchi settled 20,161 restricted stock units into 20,161 shares of Lightwave Logic, Inc. common stock on December 31, 2025, coded as an "M" transaction.

How many Lightwave Logic (LWLG) shares does the reporting person own after this transaction?

After the reported transaction, the director beneficially owned 205,744 shares of common stock directly and an additional 3,000 shares indirectly through his spouse.

What is the vesting schedule for the 2016 Equity Incentive Plan award reported for Lightwave Logic (LWLG)?

The filing notes an award of 23,511 shares of common stock under the 2016 Equity Incentive Plan. Of these, 3,931 shares vested on June 18, 2024, with the remaining shares vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service and forfeiture of unvested portions.

What are the key terms of the 2025 Equity Incentive Plan RSU grant for Lightwave Logic (LWLG)?

Under the 2025 Equity Incentive Plan, the grant includes RSUs where 20,162 RSUs vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025 and December 31, 2025, and 20,161 shares are scheduled to vest on March 31, 2026, all subject to continued service with any unvested portion subject to forfeiture.

How do restricted stock units (RSUs) work in this Lightwave Logic (LWLG) filing?

The filing states that each restricted stock unit (RSU) represents the contingent right to receive, upon vesting, one share of Lightwave Logic, Inc. common stock. Unvested RSUs and restricted stock are subject to forfeiture if service conditions are not met.

What was the exercise price for the RSUs converted to Lightwave Logic (LWLG) common stock?

The RSU settlement reported on December 31, 2025 shows an exercise price of $0.00 per share for the 20,161 restricted stock units that converted into common stock.