LEMAITRE VASCULAR INC·4

Mar 2, 9:01 PM ET

Kamke Trent G 4

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Lemaitre Vascular (LMAT) Senior VP Trent Kamke Sells Shares After PSU Vesting

What Happened

  • Trent G. Kamke, Senior Vice President, Operations at Lemaitre Vascular (LMAT), had a portion of a Performance Share Unit (PSU) award vest on Feb 26, 2026 and received 1,051 shares upon settlement. Of those, 93 shares were withheld to cover taxes (tax withholding treated as an exempt sale). On Feb 27, 2026 he sold 1,044 shares in an open-market transaction at $110.29 per share for proceeds of $115,143. The filing also records small derivative conversions/exercises (2-share entries) reported at $0.

Key Details

  • Transaction dates and prices:
    • 02/26/2026 — PSU settlement/award: 1,051 shares acquired (no cash paid) (PSU granted 12/06/2024; 25% vested on 02/26/2026) (Footnotes F1, F4).
    • 02/26/2026 — 93 shares withheld for tax withholding at $113.69 per share (Disposed) — value reported $10,573 (exempt sale per Rule 16b-3(e)) (Footnote F3).
    • 02/27/2026 — Open-market sale: 1,044 shares at $110.29 = $115,143 (S).
    • 02/26/2026 — Small derivative exercise/conversion entries of 2 shares each reported at $0 (M).
  • Shares owned after the transactions: not specified in the filing.
  • Notable footnotes: PSU settlement from 12/06/2024 (F1); dividend-equivalent rights released on a 1-for-1 basis (F2, F4); shares withheld to satisfy tax withholding considered an exempt sale (F3).
  • Filing date: 2026-03-02. Based on transaction dates (02/26 and 02/27) and the filing date, the Form 4 appears to have been filed within the normal two-business-day reporting window.

Context

  • These transactions primarily reflect the settlement and partial liquidation of a vested PSU award (common executive compensation and liquidity event), not an open-market purchase. The tax withholding was handled by share retention (exempt sale) and the remainder of vested shares were sold in the open market. The small derivative/option conversions recorded at $0 reflect award/settlement mechanics rather than a paid exercise.