Lightwave Logic (LWLG) director sells 11,000 shares to cover RSU tax withholding

Rhea-AI Filing Summary

Lightwave Logic, Inc. director Ronald A. Bucchi exercised restricted stock units and sold shares primarily for taxes. On March 31, 2026 he converted 20,161 restricted stock units into the same number of common shares at a stated price of $0.0000 per share. On April 1, 2026 he sold 11,000 common shares at a weighted average price of $6.92 per share to cover tax withholding obligations tied to this RSU vesting. After these transactions he holds 294,879 common shares directly and 3,000 common shares indirectly through his spouse.

Insider Trade Summary

Net Seller: 11,000 shares ($76,120)

Net Sell 4 txns

Insider Bucchi Ronald A

Role Director

Sold 11,000 shs ($76K)

Type	Security	Shares	Price	Value
Sale	Common Stock	11,000	$6.92	$76K
Exercise	Restricted Stock Units	20,161	$0.00	--
Exercise	Common Stock	20,161	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 294,879 shares (Direct); Restricted Stock Units — 0 shares (Direct); Common Stock — 3,000 shares (Indirect, By Spouse)

Footnotes (1)

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. A Form 4 filed on December 8, 2023 inadvertently did not reflect 22,375 shares of common stock held by the Reporting Person from a transaction reported on a Form 4 filed on June 7, 2023, in the total owned reported in the December 2023 Form 4. Those shares are now reflected in this balance. The sale reported in this Form 4 was to cover the tax withholding obligations associated with a RSU vesting on March 31, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.91 to $6.92, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. 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

Shares sold: 11,000 shares Sale price: $6.92 per share RSUs exercised: 20,161 units +4 more

7 metrics

Shares sold 11,000 shares Common stock sale on April 1, 2026

Sale price $6.92 per share Weighted average sale price with trades from $6.91 to $6.92

RSUs exercised 20,161 units Restricted stock units converted to common stock on March 31, 2026

Direct holdings after 294,879 shares Common stock directly owned after reported transactions

Indirect holdings after 3,000 shares Common stock held indirectly through spouse after transactions

RSU vesting installment 20,162 RSUs RSUs that vested on July 15, 2025 under 2025 Equity Incentive Plan

Additional RSU vestings 20,161 RSUs each date RSUs vesting on September 30, 2025, December 31, 2025, March 31, 2026

Key Terms

Restricted Stock Units, weighted average price, tax withholding obligations, Equity Incentive Plan, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents the contingent right to receive"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

tax withholding obligations financial

"The sale reported in this Form 4 was to cover the tax withholding obligations"

Equity Incentive Plan financial

"Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan."

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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^*

Bucchi Ronald A

(Last) (First) (Middle)

369 INVERNESS PARKWAY,

SUITE 350

(Street)

ENGLEWOOD COLORADO 80112

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/31/2026		M		20,161	A	(1)	305,878(2)	D
Common Stock	04/01/2026		S		11,000(3)	D	$6.92(4)	294,879(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 Units	(1)	03/31/2026		M			20,161	(5)	(5)	Common Stock	20,161	$0.00	0	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. A Form 4 filed on December 8, 2023 inadvertently did not reflect 22,375 shares of common stock held by the Reporting Person from a transaction reported on a Form 4 filed on June 7, 2023, in the total owned reported in the December 2023 Form 4. Those shares are now reflected in this balance.

3. The sale reported in this Form 4 was to cover the tax withholding obligations associated with a RSU vesting on March 31, 2026.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.91 to $6.92, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.

5. 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.

	/s/ Ronald A. Bucchi	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did LWLG director Ronald Bucchi report?

Ronald Bucchi reported exercising 20,161 restricted stock units into common shares and selling 11,000 common shares. The sale was described as covering tax withholding obligations tied to RSU vesting, while he retained a substantial direct and indirect share position afterward.

How many Lightwave Logic (LWLG) shares did Ronald Bucchi sell and at what price?

He sold 11,000 Lightwave Logic common shares at a weighted average price of $6.92 per share. Footnotes state the trades occurred in multiple transactions between $6.91 and $6.92, and were undertaken to satisfy tax withholding obligations related to RSU vesting.

How many LWLG shares does Ronald Bucchi hold after the reported Form 4 transactions?

Following the reported transactions, Ronald Bucchi holds 294,879 Lightwave Logic common shares directly and 3,000 common shares indirectly through his spouse. These balances incorporate the RSU conversion and the sale of 11,000 shares for tax withholding associated with the March 31, 2026 vesting.

What happened to Ronald Bucchi’s restricted stock units in Lightwave Logic (LWLG)?

He converted 20,161 restricted stock units into 20,161 common shares at a stated price of $0.0000 per share. A footnote describes these RSUs as part of a grant under the 2025 Equity Incentive Plan, with installments vesting on several dates through March 31, 2026.

Were the LWLG share sales by Ronald Bucchi discretionary or related to taxes?

The filing states the sale of 11,000 common shares was executed to cover tax withholding obligations tied to an RSU vesting on March 31, 2026. This indicates the disposition was linked to compensation-related tax needs rather than a standalone open-market portfolio decision.