Winer Gary M 4
Research Summary
AI-generated summary
LENSAR (LNSR) Director Gary M. Winer Receives Award
What Happened
- Gary M. Winer, a director of LENSAR, Inc. (LNSR), received a grant of 17,421 restricted stock units (RSUs) on 2026-06-03. The RSUs were reported at $0.00 per unit (award/compensation), resulting in no immediate cash outlay. This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-03; Filing date: 2026-06-05 (filed two days after the grant, which appears timely for a Form 4).
- Type/code: A — Grant/Award; Price reported: $0.00.
- Shares issued: 17,421 RSUs (each RSU represents a contingent right to one share).
- Shares owned after transaction: Not specified in the available filing.
- Footnote (important): RSUs vest in full on June 3, 2027, subject to continued service, and will be settled upon the earliest of (a) termination of service, (b) a change in control, or (c) death or disability. The award is part of the issuer’s non-employee director compensation program.
Context
- RSU grants are a form of compensation and do not represent an immediate purchase of stock; they convert into shares only upon vesting/settlement. Such awards are routine for directors and should be viewed as compensation-related rather than a direct trading signal.