Lightwave Logic CEO Yves Le Maitre Sells 310,750 Shares

What Happened

• Yves Le Maitre, CEO and Director of Lightwave Logic, reported a disposition of 310,750 shares on Sept 12, 2026. The transaction is recorded at $5.23 per share for a total value of $1,625,223. This disposal reflects shares withheld by the company to satisfy withholding taxes on vested restricted stock units (i.e., a net settlement), not an open‑market sale initiated by the insider.

Key Details

• Transaction date and price: Sept 12, 2026 at $5.23 per share.
• Shares affected: 310,750 shares withheld (disposition) for tax withholding.
• Total value reported: $1,625,223.
• Footnote: F1 — Shares were withheld by the issuer in connection with net settlement of RSU vesting to pay withholding taxes.
• Filing timeliness: Period of report Sept 12, 2026; Form filed Sept 14, 2026 — appears to be filed within the normal two‑business‑day window for Form 4s.
• Shares owned after transaction: Not specified in the provided filing details.

Context

• This is a routine tax‑withholding net settlement of vested restricted stock units (code F), common when RSUs vest. Although recorded as a disposition, it does not necessarily indicate selling shares on the open market or reflect the insider’s view on the company’s prospects.