Connaughton Alan B. 4
Research Summary
AI-generated summary
LENSAR (LNSR) COO Alan Connaughton Withholds 2,739 Shares
What Happened
- Alan B. Connaughton, Chief Operating Officer of LENSAR, had 2,739 shares of common stock withheld by the company on 2026-05-06 to satisfy tax withholding related to vested restricted stock units. The withholding was recorded at $5.38 per share, totaling approximately $14,750. This was not an open-market sale by the insider but an issuer withholding to cover taxes.
Key Details
- Transaction date: 2026-05-06; withholding price: $5.38 per share.
- Shares withheld/disposed: 2,739; reported value: ~$14,750.
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations incident to RSU vesting.
- Filing date: 2026-05-08 (filed within the typical 2-business-day Form 4 window).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- This type of "F" (tax withholding) transaction is routine when restricted stock units vest; the company retains shares to cover the insider's tax bill rather than the insider selling shares on the open market. It generally does not signal a deliberate buy or sell decision by the insider.