Ross Bridget A 4
4 · LEMAITRE VASCULAR INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Lemaitre Vascular (LMAT) Director Bridget Ross Receives Award
What Happened
- Bridget A. Ross, a director of Lemaitre Vascular, reported receipt of equity on Feb 26, 2026 tied to a Performance Share Unit (PSU) award. The filing shows 476 shares acquired as an award (476 shares @ $0.00, total $0).
- The filing also records two derivative conversions (code M): one conversion acquiring 1 share @ $0.00 and one conversion disposing 1 share @ $0.00. The net effect reported is an increase of 476 shares from the PSU settlement. This was an award/settlement event, not an open‑market purchase or sale.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely filing).
- Reported amounts/prices: 476 shares (Award, A) at $0.00; 1 share acquired (M) at $0.00; 1 share disposed (M) at $0.00.
- Net change: +476 shares reported from PSU settlement.
- Shares owned after transaction: not disclosed in the excerpt provided.
- Relevant footnotes:
- F1: 476 shares were issued upon settlement of a PSU granted Dec 6, 2024; 1/3 vested upon satisfaction of the performance condition on 2/26/2026, the balance vests in equal annual installments on the grant anniversary over the next two years.
- F2/F3: The 1-share derivative entries reflect release of dividend equivalent rights tied to the PSU (each dividend equivalent equals one share).
- Transaction codes: A = award/grant; M = exercise/conversion of derivative.
Context
- PSUs are conditional awards that convert to actual shares when performance and/or time conditions are met; this filing reflects settlement of vested PSUs rather than a market trade.
- Dividend equivalent rights tied to the PSU were released and converted to shares on a one-for-one basis per the footnotes.
- Because this was an award settlement (reported at $0.00), the filing does not show cash paid by the insider and should not be interpreted as an open‑market purchase or sale.
Insider Transaction Report
Form 4
Ross Bridget A
Director
Transactions
- Award
Common Stock
[F1]2026-02-26+476→ 3,941 total - Exercise/Conversion
Common Stock
[F2]2026-02-26+1→ 3,942 total - Exercise/Conversion
Dividend Equivalent Rights
[F3]2026-02-26−1→ 2.896 total→ Common Stock (1 underlying)
Footnotes (3)
- [F1]These shares represent LMAT common stock acquired on February 26, 2026, upon settlement of a Performance Share Unit (PSU) award granted on December 6, 2024. The PSU award vested 1/3 upon determination of satisfaction of the performance condition (on 2/26/2026), and the balance vests in equal annual installments on the grant date anniversary over the next two years.
- [F2]Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
- [F3]These dividend equivalent rights were released in connection with the vesting of a PSU award granted on December 6, 2024. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
Signature
/s/ Laurie A. Churchill, Attorney-in-fact|2026-03-02