LINK WILLIAM J PHD 4
Research Summary
AI-generated summary
LENSAR (LNSR) Director William J. Link Receives RSU Award
What Happened
William J. Link, a director of LENSAR, Inc. (LNSR), was granted 17,421 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports an acquisition at $0.00 (award/grant). The RSUs represent contingent rights to receive one share of common stock per RSU and will convert to shares only upon settlement as described below.
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (appears timely).
- Transaction type/code: A — Award/Grant of RSUs. Reported acquisition price: $0.00.
- Quantity: 17,421 RSUs granted. Reported dollar value on Form 4: $0 (award).
- Vesting/settlement: RSUs vest in full on June 3, 2027, subject to Link’s continued service; will be settled upon the earliest of (a) termination of service, (b) change in control, or (c) death or disability.
- Grant program: Issued under the company’s non-employee director compensation program as annual compensation.
- Shares owned after transaction: Not specified in the information provided in this excerpt.
Context
RSUs are a deferred-compensation award, not an immediate purchase of tradable shares. They typically indicate routine director compensation rather than a direct market sentiment signal; value to the holder depends on future vesting and the company’s stock price at settlement.