Quan Snizhana P. 4

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.