CONNELLY THOMAS M JR 4

What Happened
Thomas M. Connelly Jr., a director of Lightwave Logic, Inc. (LWLG), received a grant of 13,612 restricted stock units (RSUs) on June 1, 2026. The RSUs were granted at $0.00 per share (no cash exchanged) and are recorded as an award (Form 4 transaction code A).

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03. No late filing flag is indicated.
• Transaction type: Award/Grant (code A); 13,612 RSUs granted at $0.00 (no cash payment).
• Shares owned after the transaction: Not disclosed on the Form 4.
• Footnote: RSUs granted under the Issuer’s 2025 Equity Incentive Plan. Vesting: four quarterly installments beginning August 31, 2026 (per footnote F1).
• No 10b5-1 plan, tax-withholding sale, or cashless exercise noted.

Context
RSUs are deferred equity awards that convert into shares only as they vest; they are compensation/retention tools rather than open-market purchases or sales. Grants like this are common for directors and do not by themselves indicate buying or selling sentiment.