El-Ahmadi Siraj Nour 4
4 · Lightwave Logic, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Lightwave Logic (LWLG) Director Siraj El-Ahmadi Receives Award
What Happened
Siraj Nour El-Ahmadi, a director of Lightwave Logic, was granted 13,612 restricted stock units (RSUs) on June 1, 2026. The award has a $0.00 purchase price (total cost to the insider: $0) and represents a compensation grant rather than a market purchase or sale.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the typical two-business-day reporting window).
- Grant: 13,612 RSUs at $0.00 per share (total cash value on grant: $0).
- Vesting: RSUs vest in four quarterly installments beginning August 31, 2026 (per footnote F1) under the Issuer’s 2025 Equity Incentive Plan.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote F1: Confirms the award is RSUs under the 2025 Equity Incentive Plan with the stated vesting schedule.
Context
RSU grants are a form of compensation and do not reflect an immediate purchase or sale of stock; they convert to shares only as they vest and any future sale would be reported separately. For retail investors, grants are routine disclosure of executive/director compensation and are less direct as a bullish/bearish signal than open-market purchases or sales.
Insider Transaction Report
Form 4
El-Ahmadi Siraj Nour
Director
Transactions
- Award
Common Stock
[F1]2026-06-01+13,612→ 110,780 total
Footnotes (1)
- [F1]Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026.
Signature
/s/ Siraj Nour El-Ahmadi|2026-06-03