Lightwave Logic (LWLG) awards CFO Fred Graffam 396,694 RSUs in equity grant
Rhea-AI Filing Summary
Graffam Fred reported acquisition or exercise transactions in this Form 4 filing.
Lightwave Logic, Inc. reported that Chief Financial Officer Fred Graffam received a grant of 396,694 RSUs of common stock as equity compensation under the company’s 2025 Equity Incentive Plan. According to the grant terms, 99,178 RSUs will vest on July 24, 2027, and the remaining RSUs will vest in twelve quarterly installments of 24,793 RSUs each, beginning on October 24, 2027. Following this award, Graffam directly holds 396,694 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 396,694 shares
Net Buy
1 txn
Insider
Graffam Fred
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 396,694 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 396,694 shares (Direct)
Footnotes (1)
- F1. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 99,178 of the RSUs will vest on July 24, 2027; the remaining will vest in twelve quarterly installments of 24,793 RSUs each, beginning on October 24, 2027.
Key Figures
RSUs Granted: 396,694 RSUs
Shares Owned After Grant: 396,694 shares
Initial Vesting Tranche: 99,178 RSUs
+2 more
5 metrics
RSUs Granted
396,694 RSUs
Grant of RSUs to CFO on 2026-07-24 under 2025 Equity Incentive Plan
Shares Owned After Grant
396,694 shares
Common shares directly held by CFO following the transaction
Initial Vesting Tranche
99,178 RSUs
RSUs scheduled to vest on July 24, 2027
Quarterly Vesting Amount
24,793 RSUs
Each of twelve quarterly vesting installments beginning October 24, 2027
Number of Quarterly Installments
12 installments
Remaining RSUs vest in twelve quarterly installments after initial vesting date
Key Terms
RSUs, 2025 Equity Incentive Plan, vest
3 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
"99,178 of the RSUs will vest on July 24, 2027; the remaining will vest in twelve quarterly installments"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Lightwave Logic (LWLG) disclose for CFO Fred Graffam?
Lightwave Logic disclosed that CFO Fred Graffam received a grant of 396,694 RSUs of common stock as equity compensation under the company’s 2025 Equity Incentive Plan, recorded as an acquisition rather than a market purchase.
What is the vesting schedule for the 396,694 RSUs granted to LWLG’s CFO?
Of the 396,694 RSUs, 99,178 will vest on July 24, 2027. The remaining RSUs will vest in twelve quarterly installments of 24,793 RSUs each, starting on October 24, 2027, creating a multi‑year vesting horizon.
Under which plan were the RSUs granted to Lightwave Logic (LWLG) CFO Fred Graffam?
The RSUs were granted under Lightwave Logic’s 2025 Equity Incentive Plan. The footnote specifies that the 396,694 RSUs constitute a grant made pursuant to this equity compensation program for company personnel.
Was the RSU grant to LWLG’s CFO a purchase or a compensatory award?
The transaction is labeled as a grant/award acquisition, not an open‑market purchase. The Form 4 shows 396,694 RSUs acquired at a reported per‑share price of $0.00, indicating a compensatory equity award.
When do the quarterly vesting installments for LWLG CFO Fred Graffam’s RSUs begin?
Quarterly vesting installments for the CFO’s RSUs begin on October 24, 2027. After an initial vesting of 99,178 RSUs on July 24, 2027, the remaining units vest in twelve installments of 24,793 RSUs each.