STAAB THOMAS R II 4

What Happened

• Thomas R. Staab II, Chief Financial Officer of LENSAR, exercised stock options (transaction code M) on March 19, 2026. The filing shows 5,500 shares were acquired at $2.65 per share for a total of $14,575. The filing also reports 5,500 shares as disposed at $0.00 (a derivative disposition reported in the same transaction).

Key Details

• Transaction date: 2026-03-19
• Acquired: 5,500 shares @ $2.65 — total cash paid $14,575
• Disposed: 5,500 shares @ $0.00 (reported as a derivative disposition)
• Shares owned after transaction: not specified in the provided filing summary
• Footnote: The option vested 25% on Jan 11, 2024; the remainder vests in 36 substantially equal monthly installments subject to continued service (see footnote F1)
• Filing timeliness: Reported and filed on 2026-03-19 (same day)

Context

• This was an option exercise (conversion of a derivative into stock). The paired disposition at $0.00 is commonly used when shares are surrendered to satisfy exercise costs or tax withholding; the filing does not explicitly state the reason or whether any shares were sold on the open market. Check the full Form 4 on the SEC site for complete ownership totals and any additional explanatory details.