O'Farrell Elizabeth G. 4
Research Summary
AI-generated summary
LENSAR (LNSR) Director Elizabeth O'Farrell Receives 17,421 RSUs
What Happened
- Elizabeth G. O'Farrell, a director of LENSAR, Inc. (LNSR), was granted 17,421 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports the acquisition price as $0.00 (grant of equity compensation), total reported value $0. This is an award under the company’s non-employee director compensation program, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-03; Filed with SEC: 2026-06-05 (timely filing).
- Transaction type: Award/Grant (Code A on Form 4).
- Shares/units granted: 17,421 RSUs; reported acquisition price $0.00 (grant).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: RSUs represent a contingent right to receive one share each. They vest in full on June 3, 2027, subject to continued service, and will settle upon the earliest of (a) termination of service, (b) change in control, or (c) death or disability. Granted as annual director compensation.
Context
- RSU grants are compensation awards and generally reflect pay for service rather than an immediate buy/sell signal. These units do not convert into stock until vesting/settlement; there was no sale or exercise reported.