Lightwave Logic (LWLG) director reports RSU vesting and tax-related sale

Rhea-AI Filing Summary

Lightwave Logic, Inc. director Siraj Nour El-Ahmadi reported equity award activity and a related share sale. On 12/31/2025, 20,161 shares of common stock were acquired at $0.00 per share upon the vesting and settlement of restricted stock units, increasing his directly held common stock to 148,795 shares. On the same date, 49,260 shares of common stock were sold at a weighted average price of $3.151 per share, leaving 99,535 shares of common stock held directly after the sale. According to the disclosure, the sale was made to cover tax obligations associated with equity award vesting in 2025. The underlying RSU grant under the 2025 Equity Incentive Plan includes additional scheduled vesting through March 31, 2026, subject to continued service and potential forfeiture of unvested units.

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^*

El-Ahmadi Siraj Nour

(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)	148,795(2)	D
Common Stock	12/31/2025		S(3)		49,260	D	$3.151(4)	99,535(2)	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
Restricted Stock Unit	(1)	12/31/2025		M			20,161	(5)	(5)	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 17,241 shares of common stock issued pursuant to a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 2,881 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. The sale reported in this Form 4 was to cover tax obligations associated with the vesting of equity awards during 2025.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.11 to $3.205, 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 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/ Siraj Nour El-Ahmadi	01/07/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did LWLG director Siraj Nour El-Ahmadi report on December 31, 2025?

On 12/31/2025, director Siraj Nour El-Ahmadi reported acquiring 20,161 shares of Lightwave Logic, Inc. common stock at $0.00 per share upon vesting of restricted stock units and selling 49,260 shares of common stock at a weighted average price of $3.151 per share.

How many Lightwave Logic (LWLG) shares does the director hold after the reported Form 4 transactions?

Following the reported 12/31/2025 transactions, director Siraj Nour El-Ahmadi beneficially owns 99,535 shares of Lightwave Logic, Inc. common stock directly. This amount reflects the RSU-related acquisition and the sale reported on that date.

Why were 49,260 shares of Lightwave Logic, Inc. stock sold by the reporting person?

The filing explains that the 49,260 shares of Lightwave Logic, Inc. common stock sold on 12/31/2025 were sold to cover tax obligations associated with the vesting of equity awards during 2025.

What is the nature of the restricted stock units reported by the LWLG director?

Each restricted stock unit (RSU) represents the contingent right to receive, upon vesting, one share of Lightwave Logic, Inc. common stock. The reported 20,161 RSUs were granted under the 2025 Equity Incentive Plan and settled into common stock on 12/31/2025.

What are the vesting terms for the RSU grant reported by the Lightwave Logic director?

The RSU grant under the 2025 Equity Incentive Plan includes 20,162 RSUs that vested on July 15, 2025, and 20,161 shares vesting on each of September 30, 2025, December 31, 2025, and March 31, 2026, subject to continued service. Any unvested portion is subject to forfeiture.

What price range did the Lightwave Logic (LWLG) shares sell for in the insider transaction?

The reported sale of 49,260 shares used a weighted average price of $3.151 per share. The filing notes that individual trades occurred at prices ranging from $3.11 to $3.205 per share.