Lightwave Logic director exercises 20,161 RSUs
Lightwave Logic, Inc. director Thomas M. Connelly Jr. exercised restricted stock units into common shares.
Rhea-AI Filing Summary
Lightwave Logic, Inc. director Thomas M. Connelly Jr. exercised restricted stock units into common shares. On March 31, 2026 he converted 20,161 RSUs at a stated price of $0.00 per share, increasing his direct common stock holdings to 86,132 shares.
These RSUs were granted under the company’s 2025 Equity Incentive Plan. According to the vesting schedule, 20,162 RSUs vested on July 15, 2025 and 20,161 shares vested on each of September 30, 2025, December 31, 2025 and March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,161 shares
Net Buy
2 txns
Insider
CONNELLY THOMAS M JR
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 — 86,132 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 stoc.
- 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
Exercise price: $0.00 per share
Shares held after: 86,132 shares
+2 more
5 metrics
RSUs exercised
20,161 units
Restricted Stock Units converted to common stock on March 31, 2026
Exercise price
$0.00 per share
Stated price for RSU conversion to common stock
Shares held after
86,132 shares
Director’s direct common stock holdings following the transaction
Initial vesting tranche
20,162 RSUs
RSUs vested on July 15, 2025 under 2025 Equity Incentive Plan
Subsequent vesting tranches
20,161 shares each date
Vested on Sept 30, 2025; Dec 31, 2025; Mar 31, 2026
Key Terms
Restricted Stock Unit, 2025 Equity Incentive Plan, RSU, Form 4
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with contingent right to common stock"
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.
2025 Equity Incentive Plan financial
"Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan."
RSU financial
"Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting, one share."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the director’s equity transactions."
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 Lightwave Logic (LWLG) report in this Form 4?
Lightwave Logic reported that director Thomas M. Connelly Jr. exercised 20,161 restricted stock units into common stock. The RSUs converted at a stated price of $0.00 per share, reflecting a routine equity compensation event rather than an open-market purchase or sale.
What type of security did the Lightwave Logic (LWLG) director exercise?
The director exercised restricted stock units, a form of equity compensation that converts into common shares upon vesting. Specifically, 20,161 RSUs were settled into 20,161 shares of Lightwave Logic common stock on March 31, 2026, with no cash exercise price shown.
Under which plan were the Lightwave Logic (LWLG) RSUs granted?
The restricted stock units were granted under Lightwave Logic’s 2025 Equity Incentive Plan. Footnotes state that 20,162 RSUs vested on July 15, 2025 and 20,161 shares vested on each of September 30, 2025, December 31, 2025, and March 31, 2026 under this plan.
Was this Lightwave Logic (LWLG) Form 4 an open-market buy or sell?
No, the filing shows an exercise or conversion of restricted stock units rather than an open-market trade. The transaction code is M, and the price is listed as $0.00 per share, indicating settlement of equity compensation rather than a discretionary purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
