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Lightwave Logic (NASDAQ: LWLG) director receives 13,612 RSUs as equity award

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

Rhea-AI Filing Summary

Partridge Laila reported acquisition or exercise transactions in this Form 4 filing.

Lightwave Logic, Inc. director Laila Partridge reported an equity compensation grant rather than an open-market trade. She received 13,612 shares of common stock in the form of restricted stock units (RSUs) at no cash cost, increasing her directly held stake to 94,335 shares after the award. According to the disclosure, these RSUs were granted under the company’s 2025 Equity Incentive Plan and will vest in four quarterly installments beginning on August 31, 2026, tying the full benefit of the grant to her continued service over time.

Positive

  • None.

Negative

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Insider Partridge Laila
Role null
Type Security Shares Price Value
Grant/Award Common Stock 13,612 $0.00 --
Holdings After Transaction: Common Stock — 94,335 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 13,612 shares Grant of RSUs to director on transaction date
Post-transaction holdings 94,335 shares Total common shares directly held after RSU award
Grant price per share $0.0000 per share Reported transaction price for RSU grant
Vesting installments 4 quarterly installments RSUs vest over four quarters
Vesting start date August 31, 2026 First vesting date for granted RSUs
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
"The RSUs will vest in four quarterly installments beginning on August 31, 2026."
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.
quarterly installments financial
"The RSUs will vest in four quarterly installments beginning on August 31, 2026."
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SEC Form 4
FORM 4UNITED 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*
Partridge Laila

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A13,612(1)A$0.0094,335D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026.
/s/ Laila Partridge06/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Lightwave Logic (LWLG) director Laila Partridge report in this Form 4 filing?

Director Laila Partridge reported receiving 13,612 restricted stock units of Lightwave Logic common stock. The award is equity compensation granted at no cash cost, and it increases her direct holdings to 94,335 shares following the transaction as disclosed in the Form 4.

Is the Lightwave Logic (LWLG) Form 4 for Laila Partridge a stock purchase or compensation grant?

The Form 4 reflects an equity compensation grant, not an open-market stock purchase. Partridge received 13,612 restricted stock units at a reported price of $0.0000 per share under the company’s 2025 Equity Incentive Plan, classified as a grant or award acquisition.

How many Lightwave Logic (LWLG) shares does Laila Partridge hold after this RSU grant?

After the reported RSU grant, Laila Partridge directly holds 94,335 shares of Lightwave Logic common stock. This total includes the effect of the 13,612 restricted stock units granted in the transaction, as shown in the post-transaction ownership figure on the Form 4 filing.

When do Laila Partridge’s Lightwave Logic (LWLG) RSUs begin vesting and over what schedule?

The restricted stock units begin vesting on August 31, 2026. According to the footnote, the 13,612 RSUs granted under the 2025 Equity Incentive Plan will vest in four quarterly installments, spreading the vesting over one year contingent on continued service.

What plan governs the RSU grant reported for Laila Partridge at Lightwave Logic (LWLG)?

The RSU grant is issued under Lightwave Logic’s 2025 Equity Incentive Plan. The Form 4 footnote specifies that the 13,612 restricted stock units are granted pursuant to this plan and vest in four quarterly installments beginning on August 31, 2026, aligning with standard incentive practices.