|4Feb 5, 6:04 AM ET

El-Ahmadi Siraj Nour 4

Research Summary

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Updated

Lightwave Logic (LWLG) Director El-Ahmadi Receives 7,599-Share Award

What Happened

  • Director Siraj Nour El-Ahmadi was reported as acquiring 7,599 shares of Lightwave Logic common stock on February 2, 2026. The transaction is recorded as an award/grant (code A) with a reported acquisition price of $0.00, reflecting RSU vesting rather than a market purchase.

Key Details

  • Transaction date and terms: 2026-02-02 — 7,599 shares @ $0.00 (award/vesting).
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: These shares represent Common Stock underlying restricted stock units (RSUs); the RSUs vest ratably on February 2, 2026 and March 31, 2026 (the reported 7,599 likely reflects the Feb 2 vesting tranche).
  • Filing timeliness: Form 4 was filed on 2026-02-05. Because Form 4s are generally due within two business days of the transaction, this filing appears to have been submitted one business day late.

Context

  • This was a compensation-related award/vesting event (RSUs), not an open-market purchase or sale. Awards and vesting are common for executives and directors and do not by themselves indicate insider buying or selling intent.