LeBlanc Dorian Paul 4
Research Summary
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Lemaitre Vascular (LMAT) CFO Dorian LeBlanc Receives Award
What Happened Dorian Paul LeBlanc, Chief Financial Officer of Lemaitre Vascular, was granted two sets of dividend equivalent rights (derivative awards) on 2026-03-26: 2.095 rights and 2.667 rights. Each right is the economic equivalent of one share of common stock; both grants were recorded at $0.00 (no cash paid). Total dividend-equivalent rights received = 4.762 (total value shown $0).
Key Details
- Transaction date: 2026-03-26; Form 4 filed 2026-03-30 (filing appears timely under the two-business-day rule).
- Grants: 2.095 DERs @ $0.00 and 2.667 DERs @ $0.00; combined 4.762 derivative units.
- Footnotes:
- F1: 2.095 DERs accrued on an RSU grant dated 3/10/2025 and vest proportionately with that RSU.
- F2: 2.667 DERs accrued on an RSU grant dated 12/10/2025 and vest proportionately with that RSU.
- Shares owned after the transaction: Not specified in the excerpt provided.
- Transaction type code: A (award/grant); derivative transaction (not an open-market purchase or sale).
Context These are dividend-equivalent rights tied to previously granted restricted stock units (RSUs). They represent the economic equivalent of shares as the RSUs vest; they do not reflect an open-market buy or sell and do not involve immediate cash payment. Such awards are routine compensation and should be interpreted as grant-related, not necessarily a directional insider trade.