Director Craig Ciesla receives 13,612 RSUs at Lightwave Logic (LWLG) under 2025 plan

Rhea-AI Filing Summary

Ciesla Craig reported acquisition or exercise transactions in this Form 4 filing.

Lightwave Logic, Inc. director Craig Ciesla received a grant of 13,612 shares of common stock in the form of restricted stock units under the company’s 2025 Equity Incentive Plan. The award has no cash purchase price and increases his direct holdings to 132,436 shares.

The RSUs will vest in four quarterly installments beginning on August 31, 2026, meaning the shares are delivered over time as service-based conditions are met. This is a routine equity compensation grant designed to align the director’s interests with long-term shareholder value.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ciesla Craig

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,612	$0.00	--

Holdings After Transaction: Common Stock — 132,436 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 13,612 shares Shares held after grant: 132,436 shares Grant price per share: $0.00 per share +2 more

5 metrics

RSU grant size 13,612 shares Restricted stock units of common stock granted to director

Shares held after grant 132,436 shares Total direct common stock holdings after transaction

Grant price per share $0.00 per share Compensation grant, not an open-market purchase

Vesting start date August 31, 2026 First of four quarterly vesting installments for RSUs

Number of vesting installments 4 installments Quarterly vesting schedule for RSU award

Key Terms

RSUs, 2025 Equity Incentive Plan, vest, restricted stock units

4 terms

RSUs financial

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

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

2025 Equity Incentive Plan financial

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

vest financial

"The RSUs will vest in four quarterly installments beginning on August 31, 2026."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

restricted stock units financial

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

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.

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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^*

Ciesla Craig

(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)
06/01/2026

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	06/01/2026		A		13,612(1)	A	$0.00	132,436	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 a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026.

	/s/ Craig Ciesla	06/03/2026
	** 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 transaction did Lightwave Logic (LWLG) report for Craig Ciesla?

Lightwave Logic reported that director Craig Ciesla received 13,612 restricted stock units of common stock as an equity grant. The grant was made at no cash purchase price and increased his direct ownership stake to 132,436 shares following the transaction.

How many shares did Craig Ciesla hold after this LWLG Form 4 transaction?

After the RSU grant, Craig Ciesla held 132,436 shares of Lightwave Logic common stock directly. This reflects the addition of 13,612 restricted stock units awarded under the company’s 2025 Equity Incentive Plan, subject to future vesting over a defined schedule.

What are the vesting terms of Craig Ciesla’s new RSUs at Lightwave Logic (LWLG)?

The 13,612 RSUs granted to Craig Ciesla will vest in four quarterly installments beginning on August 31, 2026. This means the award converts into common shares gradually over one year, assuming continued service through each scheduled vesting date.

Was there a purchase price for Craig Ciesla’s RSU grant from Lightwave Logic?

The RSU grant carried a transaction price per share of $0.00, indicating it was compensation rather than a market purchase. As is typical for restricted stock units, shares are earned over time through vesting instead of being bought in the open market.

Under which plan were Craig Ciesla’s RSUs at Lightwave Logic (LWLG) granted?

Craig Ciesla’s 13,612 RSUs were granted under Lightwave Logic’s 2025 Equity Incentive Plan. This plan is used to provide stock-based compensation, awarding equity that vests over time to align directors’ and employees’ interests with shareholders.