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Director Craig Ciesla receives 7,599-share RSU grant at Lightwave Logic (LWLG)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lightwave Logic director Craig Ciesla reported an equity award of 7,599 shares of Common Stock on February 2, 2026. These shares represent restricted stock units (RSUs) that will vest in equal parts on February 2, 2026 and March 31, 2026. Following this award, Ciesla beneficially owns 109,663 shares of Lightwave Logic Common Stock directly. The RSUs were granted at a price of $0.00 per share, consistent with typical stock-based compensation awards rather than an open-market purchase.

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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*
Ciesla Craig

(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)
02/02/2026
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 02/02/2026 A 7,599(1) A $0.00 109,663 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 shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer. The RSUs will vest ratably on February 2, 2026 and March 31, 2026.
/s/ Craig Ciesla 02/04/2026
** 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.

FAQ

What insider transaction did Lightwave Logic (LWLG) report for Craig Ciesla?

Lightwave Logic reported that director Craig Ciesla received 7,599 shares of Common Stock as an equity award on February 2, 2026. These shares come from restricted stock units (RSUs), representing stock-based compensation rather than a market purchase or sale of existing shares.

How many Lightwave Logic (LWLG) shares does Craig Ciesla own after this Form 4?

After the reported RSU award, director Craig Ciesla beneficially owns 109,663 shares of Lightwave Logic Common Stock directly. This total reflects the addition of 7,599 RSU-based shares granted at no cash cost, as reported in the February 2, 2026 transaction filing.

Was the Lightwave Logic (LWLG) insider transaction a purchase, sale, or award?

The transaction was an award of restricted stock units, not a market purchase or sale. Director Craig Ciesla received 7,599 shares of Common Stock at a price of $0.00 per share, indicating equity compensation rather than a cash-funded stock transaction on the open market.

What are the vesting terms of Craig Ciesla’s RSUs at Lightwave Logic (LWLG)?

The 7,599 RSU-based shares awarded to director Craig Ciesla will vest ratably on February 2, 2026 and March 31, 2026. This means the award is split into two equal portions, each becoming fully owned and no longer restricted on the respective vesting dates.

What is the transaction code and price reported in Craig Ciesla’s Lightwave Logic (LWLG) Form 4?

The Form 4 lists transaction code “A,” indicating an acquisition, for 7,599 shares of Common Stock. The price per share is shown as $0.00, which is typical for restricted stock unit (RSU) grants that do not require the insider to pay cash for the shares.

What role does Craig Ciesla hold at Lightwave Logic (LWLG) in this Form 4?

Craig Ciesla is identified as a director of Lightwave Logic in the Form 4 filing. The reported transaction reflects an equity compensation award associated with his board role, increasing his directly held beneficial ownership to 109,663 shares of the company’s Common Stock.
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