LINDSTROM RICHARD L MD 4

What Happened
Director Richard L. Lindstrom received a grant of 17,421 restricted stock units (RSUs) reported as an acquisition on June 3, 2026. The award is reported at $0 per share (total $0) and was granted under LENSAR’s non-employee director compensation program as part of his annual compensation.

Key Details

• Transaction date and type: 2026-06-03 — Grant/Award (code A).
• Quantity and price: 17,421 RSUs @ $0.00 (reported acquisition value $0).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote summary: RSUs represent contingent rights to one share each; they vest in full on June 3, 2027 subject to continued service and will be settled upon the earliest of termination of service, a change in control, or death/disability (see footnote F1).
• Filing timeliness: Reported period 2026-06-03, Form 4 filed 2026-06-05 — appears timely (filed within the SEC two-business-day window).

Context
RSU grants are compensation, not open-market purchases, so they reflect pay practices rather than an immediate signal of insider confidence. They convert to actual shares only if vesting conditions are met, which may be subject to forfeiture if the director leaves before the vest date.