Director at Lightwave Logic (NASDAQ: LWLG) makes 100,000-share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lightwave Logic, Inc. director Ronald A. Bucchi reported a bona fide gift of 100,000 shares of Common Stock. The gift carried a price of $0.00 per share, meaning no sale proceeds were received. After this gift, he directly holds 194,879 shares and indirectly holds 3,000 shares through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
100,000 shares gifted
Mixed
2 txns
Insider
Bucchi Ronald A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 100,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 194,879 shares (Direct, null);
Common Stock — 3,000 shares (Indirect, By Spouse)
Footnotes (1)
Key Figures
Shares gifted: 100,000 shares
Direct holdings after transaction: 194,879 shares
Indirect holdings by spouse: 3,000 shares
+1 more
4 metrics
Shares gifted
100,000 shares
Bona fide gift of Common Stock on April 28, 2026
Direct holdings after transaction
194,879 shares
Common Stock held directly by Ronald A. Bucchi after gift
Indirect holdings by spouse
3,000 shares
Common Stock reported as indirectly owned through spouse
Gift price per share
$0.00 per share
Price reported for bona fide gift transaction
Key Terms
bona fide gift, indirect ownership, Form 4
3 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift"
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "By Spouse""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LWLG director Ronald Bucchi report?
Ronald A. Bucchi reported a bona fide gift of 100,000 shares of Lightwave Logic, Inc. Common Stock. The shares were transferred at a reported price of $0.00 per share, meaning this was not an open-market sale and generated no cash proceeds.
Was the LWLG Form 4 transaction a sale on the open market?
No, the Form 4 shows a bona fide gift of 100,000 Lightwave Logic shares at a price of $0.00 per share. This indicates a non-market transfer, not a sale, so it does not reflect a decision to sell shares for cash in the market.
What does the indirect LWLG ownership by Ronald Bucchi’s spouse mean?
The filing lists 3,000 LWLG shares as indirectly owned, labeled “By Spouse.” This indicates those shares are held in the spouse’s name but reported for regulatory purposes, providing transparency into Bucchi’s broader beneficial exposure to Lightwave Logic stock.
Does the LWLG Form 4 show any option exercises or derivative trades?
No, the provided Form 4 data shows no derivative transactions or option exercises. The transactionSummary indicates zero derivative transaction count and zero exercise shares, focusing instead on a single bona fide gift and an indirect holding entry for Common Stock.