Welcome to our dedicated page for Lightwave Logic SEC filings (Ticker: LWLG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lightwave Logic, Inc. filings document formal disclosures for a Nevada technology company developing proprietary electro-optic polymers and polymer-based optical modulator technology. Recent 8-K reports cover material definitive agreements, common-stock financing arrangements, public offering activity, amendments to sales agreements and termination of a prior equity purchase arrangement.
The company’s regulatory record also includes proxy materials for annual stockholder matters, executive appointments and compensation arrangements, Regulation FD investor-presentation disclosures, and an accounting non-reliance determination tied to previously issued interim financial statements. These filings describe governance, capital structure, reporting controls and securities-registration matters for the company’s common stock.
Lightwave Logic, Inc. terminated its stock purchase arrangement with Lincoln Park Capital Fund, LLC that had allowed the company to sell up to $30 million of common stock over a 36-month term. The company delivered notice on December 12, 2025, with the termination effective on December 15, 2025, as permitted by the contract.
The Purchase Agreement, originally dated March 17, 2025, gave Lightwave Logic the right, but not the obligation, to direct Lincoln Park to buy shares from time to time and could be ended by the company for any reason with one business day’s notice. Certain provisions continue to apply after termination, as described in the original agreement.
Lightwave Logic, Inc. terminated its stock purchase arrangement with Lincoln Park Capital Fund, LLC that had allowed the company to sell up to $30 million of common stock over a 36-month term. The company delivered notice on December 12, 2025, with the termination effective on December 15, 2025, as permitted by the contract.
The Purchase Agreement, originally dated March 17, 2025, gave Lightwave Logic the right, but not the obligation, to direct Lincoln Park to buy shares from time to time and could be ended by the company for any reason with one business day’s notice. Certain provisions continue to apply after termination, as described in the original agreement.
Lightwave Logic (LWLG) filed its Q3 2025 10‑Q, showing modest net sales and continued investment in R&D as it advances electro‑optic polymer commercialization. Net sales were $29,166 for the quarter and $77,688 year‑to‑date. The company reported a net loss of $5,100,559 for the quarter, or $(0.04) per share.
Quarterly operating expenses included R&D $2,917,473 and G&A $2,290,839. Cash and cash equivalents were $34,942,070 as of September 30, 2025. Net cash used in operating activities was $10,436,426 for the nine months. The company noted expected expenditures of approximately $2,200,000 per month and stated its cash position finances operations through March 2027.
To support liquidity, during the quarter LWLG raised equity via its programs: 4,673,694 shares sold under the ATM for $13,870,294 in proceeds and 1,250,000 shares to an institutional investor for $2,318,505. Remaining capacities disclosed include $26,762,995 under the March 2025 purchase agreement and $12,235,261 under the ATM. Shares outstanding were 132,705,151 as of September 30, 2025.
Director Thomas M. Connelly Jr. reported equity activity in Lightwave Logic, Inc. (LWLG). On 09/30/2025 he was granted 20,161 restricted stock units (RSUs) under the 2025 Equity Incentive Plan (each RSU converts to one share on vesting), increasing his total beneficial ownership of common stock to 51,811 shares. The filing shows a sale of 6,000 shares on 10/02/2025 at $4.255 per share to cover tax obligations tied to RSU vesting, reducing his reported holdings to 45,811 shares. The RSU schedules include a prior restricted stock award of 11,488 shares vesting in eight quarterly installments beginning 10/01/2024, and the 2025 grant vesting in installments with 20,162 RSUs vesting on 07/15/2025 and additional tranches on 09/30/2025, 12/31/2025, and 03/31/2026. Unvested shares are subject to forfeiture.
Ronald A. Bucchi, a director of Lightwave Logic, Inc. (LWLG), reported transactions involving restricted stock units and common stock. On 09/30/2025 he was granted 20,161 RSUs under the 2025 Equity Incentive Plan; those RSUs vest in part on 07/15/2025 and in equal installments with 20,161 shares vesting on 09/30/2025, 12/31/2025, and 03/31/2026, subject to continued service. The Form 4 shows 23,511 shares previously issued under the 2016 plan and 3,931 restricted shares that vested on 06/18/2024, with remaining vesting schedules noted. On 10/02/2025 Mr. Bucchi disposed of 10,000 shares at a weighted average price of $3.967 to cover tax obligations from RSU vesting. Following the reported transactions, he beneficially owns 185,583 shares directly and 3,000 indirectly through his spouse, with 40,322 shares represented by outstanding RSUs.
Craig Ciesla, a director of Lightwave Logic, Inc. (LWLG), was granted 20,161 restricted stock units (RSUs) on 09/30/2025. Each RSU converts into one share of common stock upon vesting. After the reported transactions, Mr. Ciesla beneficially owns 81,903 shares of common stock, which includes prior restricted stock awards and vested restricted shares.
The filing shows vesting schedules: portions of prior restricted stock awards include 17,241 shares from a 2016 award and 2,881 shares that vested on 06/18/2024. The new 2025 Equity Incentive Plan grant schedules 20,162 RSUs to vest on 07/15/2025, with additional tranches of 20,161 shares vesting on 09/30/2025, 12/31/2025, and 03/31/2026, subject to continued service; unvested shares are forfeitable.
Lightwave Logic, Inc. (LWLG) filed a Form 144 reporting a proposed sale of 6,000 common shares through UBS Financial Services on 10/02/2025 with an aggregate market value of $25,500. The filing shows the shares were acquired the same day via RSU vesting from Lightwave Logic and 20,161 shares were noted as the amount acquired on that date; payment method is listed as wire. The filing lists 129,439,986 shares outstanding and indicates no reported sales by the filer in the prior three months. The notice includes the signer’s representation that they have no undisclosed material adverse information about the issuer.
Lightwave Logic, Inc. (LWLG) reported a proposed sale under Rule 144 of 10,000 shares of common stock held at UBS Financial Services with an aggregate market value of $40,000. The shares are scheduled for sale on 10/02/2025 on the NSDQ and were acquired the same day as RSU vesting from Lightwave Logic, with payment by wire. The filer certifies no undisclosed material adverse information and lists no securities sold by the same person in the past three months.
Lightwave Logic, Inc. (LWLG) filed a Form 144 disclosing a proposed sale of 10,000 shares of Common stock through UBS Financial Services Inc. on 10/02/2025. The filing reports an aggregate market value of $39,900 and states 129,439,986 shares outstanding. The shares were acquired the same day by RSU vesting from Lightwave Logic and payment is listed as Wire. The filer indicates no securities sold in the past three months and includes the required representation about material nonpublic information. Several filer and issuer contact fields in the form are blank or not populated in the provided content.
Yves Le Maitre, Chief Executive Officer and Director of Lightwave Logic, Inc. (LWLG), received a grant of 2,442,997 restricted stock units (RSUs) on 09/12/2025, recorded as an acquisition at a $0.00 price. After the grant, he is reported to beneficially own 2,505,921 shares. The RSUs vest in four tranches: 610,749 shares on each of March 12, 2026, September 12, 2026, and March 12, 2027, and 610,750 shares on September 12, 2027, subject to continued service; unvested shares are subject to forfeiture. The Form 4 was signed by an attorney-in-fact on 09/22/2025.
Yves Le Maitre, Chief Executive Officer and Director of Lightwave Logic, Inc. (LWLG), received a grant of 2,442,997 restricted stock units (RSUs) on 09/12/2025, recorded as an acquisition at a $0.00 price. After the grant, he is reported to beneficially own 2,505,921 shares. The RSUs vest in four tranches: 610,749 shares on each of March 12, 2026, September 12, 2026, and March 12, 2027, and 610,750 shares on September 12, 2027, subject to continued service; unvested shares are subject to forfeiture. The Form 4 was signed by an attorney-in-fact on 09/22/2025.
Lightwave Logic, Inc. disclosed an employment agreement for Yves LeMaitre establishing a $500,000 annual base salary and an annual cash bonus opportunity up to $300,000 tied to Board-established objectives. The company will grant 826,617 restricted stock units ("Additional RSUs") and will modify an existing award of 1,616,380 performance-based RSUs to remove performance vesting and change the vesting schedule. All RSUs (Additional and modified Existing RSUs) vest in four substantially equal installments every six months over two years, with the first installment composed only of Existing RSUs to comply with plan and tax rules. Mr. LeMaitre is ineligible for an additional equity grant in 2026 and may be considered for an award in 2027 at the Board's discretion. He will participate in standard employee benefit plans and receive reimbursement for reasonable business expenses.