Lightwave Logic grants CFO 396,694 RSU stock award

Graffam Fred reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 396,694 shares

Grant/Award 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)

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Lightwave Logic (LWLG) shares does CFO Fred Graffam hold after this grant?

After the RSU grant, CFO Fred Graffam directly holds 396,694 shares of Lightwave Logic common stock. This figure reflects his reported direct ownership position immediately following the equity award transaction.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/28/2026 - 04:44 PM Accepted by SEC EDGAR 07/28/2026 - 04:44 PM Learn about SEC filing dates

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^*

Graffam Fred

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

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	07/24/2026		A		396,694(1)	A	$0.00	396,694	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. 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.

	/s/ Fred Graffam	07/28/2026
	** 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)