Lightwave Logic (NASDAQ: LWLG) director receives 13,612 RSUs as equity award
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
RSUs granted: 13,612 shares
Post-transaction holdings: 94,335 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
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
Key Terms
RSUs, 2025 Equity Incentive Plan, vest, quarterly installments
4 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
"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."
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.
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.