Connaughton Alan B. 4

What Happened
Alan B. Connaughton, Chief Operating Officer of LENSAR, had 2,392 shares of LENSAR common stock withheld by the company to satisfy tax withholding obligations tied to vesting restricted stock units. The withholding was recorded at $11.32 per share for a total value of $27,077. This is a tax-withholding/net settlement of RSUs (not an open-market sale or purchase) and is typically a routine administrative action.

Key Details

• Transaction date: 2026-02-18; withholding price reported: $11.32 per share.
• Shares withheld/disposed: 2,392; total value: $27,077.
• Transaction code: F (payment of exercise price or tax liability via withholding). Footnote: shares were withheld by the issuer to satisfy tax withholding obligations incident to RSU vesting.
• Shares owned after transaction: Not specified in the provided filing.
• Filing: Form 4 filed 2026-02-20 (timely relative to the 2026-02-18 report date).

Context
This was a cashless/net share settlement to cover tax on vested restricted stock units — an administrative action rather than a directional insider trade. Such withholdings do not necessarily indicate buying or selling intent; purchases by insiders generally carry more weight for signaling conviction than routine tax withholdings.