Quan Snizhana P. 4
4 · Lightwave Logic, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Lightwave Logic (LWLG) PFO Snizhana Quan Sells 345 Shares
What Happened
Snizhana P. Quan, Principal Financial Officer of Lightwave Logic (LWLG), sold 345 shares on June 1, 2026. The shares were disposed at $11.41 per share for a total of $3,936. The sale was reported as an open-market or private sale (transaction code S).
Key Details
- Transaction date: 2026-06-01; Price: $11.41 per share; Shares sold: 345; Gross proceeds: $3,936.
- Shares owned after transaction: Not specified in the provided Form 4.
- Footnote: The filing notes the sale was to cover tax withholding obligations associated with an RSA vesting on May 31, 2026 (tax-withholding sale, footnote F1).
- Timeliness: Form 4 was filed on 2026-06-01 (same-day reporting in this record).
Context
The filing indicates this was a routine sale to cover taxes from a restricted stock award (RSA) vesting, not necessarily a discretionary investment decision. Tax-withholding sales are common following vesting events and are different from purchases that might signal insider confidence.
Insider Transaction Report
Form 4
Quan Snizhana P.
Principal Financial Officer
Transactions
- Sale
Common Stock
[F1]2026-06-01$11.41/sh−345$3,936→ 50,780 total
Holdings
- 4,800(indirect: By Domestic Partner)
Common Stock
Footnotes (1)
- [F1]The sale reported in this Form 4 was to cover the tax withholding obligations associated with an RSA vesting on May 31, 2026.
Signature
/s/ Snizhana Quan|2026-06-01